Asian Tribune Your Multilingual Newspaper covering World and local news News
By Staff The Canadian Press Posted May 30, 2023 11:45 am Descrease article font size Increase article font size Canada’s main stock index was down nearly 200 points as the price of oil fell and losses in the energy and base metal stocks helped lead the way lower. The S&P/TSX …
Read More »Enbridge responds to Indigenous band’s challenge to Line 5 pipeline
By Staff The Canadian Press Posted May 17, 2023 11:48 am Updated May 17, 2023 11:49 am Descrease article font size Increase article font size Alberta-based Enbridge Inc. is pushing back hard against an Indigenous band’s efforts to shut down the cross-border Line 5 pipeline. The Bad River Band of …
Read More »Canadians will see high oil, gas prices through 2023, experts say: ‘A very expensive time’ – National
Whether it was heating your home or filling up your vehicle, Canadians saw gas and oil prices soar to record highs last year. 2023 will not be much different, say experts. According to a new Deloitte report that forecasts oil and gas prices, Edmonton City Gate, a benchmark crude oil …
Read More »G7 imposes US$60 price cap on Russian oil as Moscow wages Ukraine war – National
The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow’s ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production. The price cap, …
Read More »Inflation driven by profits in few sectors, including oil and gas: report – National
A new report by the Centre for Future Work found that growth in corporate profits this year compared to pre-pandemic has been concentrated in a small number of sectors where consumer prices have also risen the fastest. Report author and economist Jim Stanford analyzed the profits of the 52 business …
Read More »B.C. man faces lifetime ban from entering U.S. after border agents find forgotten bottle of CBD oil in his car
As the owner of an events company doing business with Christmas festivals in the U.S., Jonathan Houweling crosses the Peace Arch border in Surrey, B.C., dozens of times a year without issue. But during his latest trip on Nov. 7, he was chosen for a random search, where a border agent found …
Read More »Families speak out after explosion at oil and gas site claims two lives
Two families say they are still in shock after losing loved ones from an explosion at an oil and gas site on Nov. 12. Greg Podulsky, 29, and Darcy Schwindt, 47, were killed after a blast at the Marten Hills site, northeast of Slave Lake, about 250 kilometres north of Edmonton. The …
Read More »Environment minister says he’s not bothered by oil sector’s prominence at COP27
Environment Minister Steven Guilbeault says Canadians should pay attention to the action on climate change being taken by the international community — not the presence of hundreds of oil and gas representatives at COP27. In light of the importance of promised measures on climate change that could lower the range …
Read More »How oil drives the gang war that brought Haiti to its knees
Haiti is facing many crises converging all at once: crime, cholera and the breakdown of democratic institutions. But at the heart of the current emergency that recently led Canada and the U.S. to send secret military flights to the island is fuel: gasoline, diesel and kerosene. Although Haiti has tapped some of …
Read More »Energy regulator rations water supply for oil, gas companies in northeastern B.C. amidst drought
British Columbia’s energy regulator is rationing the water supply for some oil and gas companies because of drought in the northeastern part of the province. On Thursday, the B.C. Oil and Gas Commission (BCOGC) suspended 20 water permits for 12 energy companies that draw water from rivers, streams and lakes in the Peace River …
Read More »