The red ink is mainly driven by an expected drop in oil prices, looming U.S. tariffs and a promised tax break for Albertans: ...

With a 19 per cent overall surge in the April to November 2024 period to nearly $3 billion compared to $2.5 billion in 2023.

Oil. Some call it black gold or Texas tea. Well, one guy in one TV theme song did. The oil industry has had a massive impact on the world. Unsurprisingly, it’s also been part of many a movie and ...

Most major oil and gas companies do not release enough methane to trigger the fee, which is $900 per ton, an amount that would increase to $1,500 by 2026. The measure was part of the 2022 Inflation ...

Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...

A survey has found which generation could be the first to never retire. Also in Money today, Martin Lewis has been giving ...

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Good afternoon and happy Tuesday, readers! In today’s Daily on Energy, Callie and Maydeen take a look at a new report forecasting a dramatic growth in the consumption of liquified natural gas over the ...

The “wide-eyed promise” made in 2020 by Bernard Looney, Auchincloss’s predecessor as CEO, to cut BP’s oil and gas production by 40% and build 50 gigawatts of renewables by 2030 hit ...