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Tag Archives: Oil

Oil and gas emissions cap at risk if Bloc and NDP trigger early election, Guilbeault warns

As regulations for the federal government’s oil and gas emissions cap approach the finish line, Canada’s environment minister warns the NDP and the Bloc Québécois that triggering an early election could dash hopes of curbing emissions from Canada’s biggest polluters. Environment and Climate Change Minister Steven Guilbeault is highlighting what’s at …

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Crews removing oil from leaky WW II vessel shipwrecked in B.C.

Crews are heading off the coast of northern B.C. to prevent a 78-year-old shipwreck from leaking oil into the surrounding waters, the Canadian Coast Guard says.  The 77-metre U.S. cargo ship USAT Brigadier General M.G. Zalinski met its unfortunate end in 1946 when it struck a rock near Pitt Island, while transporting …

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‘I was horrified’: Kia owner says she was dismissed over oil consumption issue. Now she needs a new engine

A Kia car owner says she was left at the side of the road by the South Korean automaker — until Consumer Matters got involved. Jill St. Marie says her vehicle consumes excessive amounts of oil and says the Kia dealership where she purchased her vehicle has informed her she …

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2nd oil spill in Montreal’s east end a week after cleanup of another – Montreal

Another investigation is underway in Pointe-aux-Trembles after an oil contamination was detected in the St. Lawrence River, a week after cleanup of another spill in the area wrapped up. In a statement, the province’s Environment Ministry said it was notified of the contamination at the marina on Thursday following heavy …

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Does an olive oil shortage reflect bigger risks to Canada’s food supply chain? – National

For the last nine months, Emilio Pulla has been checking for weather updates in Italy. The reason Pulla, a Toronto-based wholesaler, is hoping for rain halfway across the world is that the lack of it — and the resulting hit to olive trees, and their buds — has been hurting …

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TSX down more than 150 points as oil falls, U.S. stock markets mixed

Canada’s main stock index fell more than 150 points Monday, weighed down by losses in the energy sector as the price of oil sank, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 152.43 points at 22,116.69. In New York, the Dow Jones industrial average was down …

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What is OPEC and how does it affect oil prices?

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2, 2024 to discuss their joint oil production policy. Below are key facts about OPEC+ and its role. WHAT ARE OPEC AND OPEC+? OPEC was founded in 1960 …

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Ottawa set to unveil long-promised emissions cap for oil and gas sector

By Staff The Canadian Press Posted December 7, 2023 7:31 am Descrease article font size Increase article font size The federal Liberals will finally provide details on their long-promised oil and gas emissions cap Thursday. The policy is a critical piece of Canada’s long-term emissions reduction plan but Thursday’s framework …

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Ottawa, province veto $1.5 million Nova Scotia offshore oil exploration bid – Halifax

By Staff The Canadian Press Posted December 5, 2023 10:37 am Descrease article font size Increase article font size A $1.5-million bid for an oil and gas exploration licence off Nova Scotia has been denied by the provincial and federal governments. The bid by U.K.-based Inceptio Limited for a shallow …

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