Several energy stakeholders have voiced their disagreement with Canada’s proposed greenhouse gas emissions cap, with some calling it effectively a limit on oil and gas production for the nation.
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OPEC's top Arab energy ministers arrived in Doha on Monday for the 12th Arab Energy Conference as countries clash at the UN's COP28 climate summit over a possible agreement to phase-out fossil fuels.
Refinery reservoirs located in eastern Iran's Birjand special economic zone have caught fire on Sunday, according to Iran's state media.
Canada plans to introduce a cap-and-trade system to encourage oil and gas companies to reduce emissions by 38% by 2030, despite opposition from industry groups and some fossil fuel-producing provinces.
Canada plans to unveil a framework for its long-awaited oil and gas emissions cap at the United Nations COP28 climate summit in Dubai, the only major only-producing country developing such a policy.
The stand here put it at odds with the emerging consensus for moving away from fossil fuels and in the company of China as well as oil-producers Saudi Arabia, Russia and Iran.
Fifty oil and gas companies representing 40 percent of global production pledged to decarbonise their operations by 2050 at the UN's COP28 climate talks in Dubai on Saturday.
COP28 marks both a milestone in the ongoing negotiations on the future of our planet and a moment of pride for OPEC as it takes place in one of our member countries, the UAE.
The Biden administration on Saturday unveiled final rules aimed at cracking down on U.S. oil and gas industry releases of methane, part of a global plan to rein in emissions that contribute to climate change.
The Canada Energy Regulator approved preliminary interim tolls for the expanded Trans Mountain pipeline system, allowing the project to begin charging for shipping services once operations start.
Executives and senior leaders from Canada's oil and gas sector are heading to Dubai for the upcoming United Nations COP28 climate talks, eager to tell the world they are doing what they can to reduce greenhouse gas emissions.
Canadian oil sands producers will start making final investment decisions on their proposed C$16.5 billion ($12.03 billion) carbon capture and storage project from mid-2025 onwards, the president of the Pathways Alliance said.
India plans to ask state-run Oil and Natural Gas Corp to consider launching a rights issue to help fund green projects at refining arm Hindustan Petroleum Corp.
Canada's government will present legislation this month to start paying subsidies for carbon capture and net-zero energy projects, part of a plan to worth around $20 billion over five years.
According to a poll conducted by the non-profit Angus Reid Institute, Canadians have a profound lack of awareness about how much they are paying in carbon taxing, whether they receive a rebate and if they are better or worse off financially with the combined tax and rebate.
The world’s governments are facing increased pressure to reach agreement on phasing out the production and consumption of fossil fuels. And countries like Canada, whose plan for fossil fuel production runs counter to its stated climate goals, will increasingly be under fire on the international stage.
Energy giant Saudi Arabian Oil Co. has established a set of standards and measures to reduce the risks of metal corrosion as the company employs cutting-edge technologies to ensure safety protocols, a top official said.
The oil-producing country hosting the annual UN climate conference wants other petroleum producers to pledge to curb greenhouse gases, but critics say the plan doesn’t go far enough.
During a May wildfire that scorched a vast swath of spruce and pine forest in northwestern Canada, Julia Cardinal lost a riverside cabin that was many things to her: retirement project, gift from from her husband, and somewhere to live by nature, as her family had done for generations.
RoydadNaft – Canada and other major fossil-fuel-producing countries are failing to meet targets to keep global warming in check, putting the world’s energy transition at…