OTTAWA — Statistics Canada says retail sales fell 0.1 per cent to $66.7 billion in February, weighed down by lower sales at gasoline stations and fuel vendors. The agency says sales at gasoline stations and fuel vendors fell 2.2 per cent in February ..read more

(Reuters) – Oil prices steadied above $88 a barrel on Wednesday after rallying in the previous session on a surprise fall in U.S. crude stocks and a drop in business activity in the world’s largest oil consumer. Brent crude futures fell 24 cents, or 0.27%, to $88.18 a barrel by 1024 GMT. U.S. West Texas ... Read more ..read more

In light of the Government of Canada’s recent proposal for new standards aimed at reducing methane emissions from the oil and gas industry, the importance of refining best practices for detection, measurement, reporting, and reduction has reached unprecedented levels. With a target to slash methane emissions from the sector by over 75% by 2030, the ... Read more ..read more

In our urgent battle against climate change, new and innovative solutions are constantly emerging that allow industry to continue to flourish sustainably. One key solution involves safeguarding carbon sinks. These natural marvels are key in curbing the greenhouse effect, offering a lifeline in our fight for a greener planet. But it’s crucial to ensure that ... Read more ..read more

With Muddy Boots, all your MOC data is accessible now and in the future. Coupled with the Muddy Boots sites and equipment inventory, everything is integrated. Standard selections within the MOC include: Identification Priority Assessment (configure to weigh risk and value to prioritize MOCs) Implementation Assessment Documentation Requirements Training and Competency Authorization and Closure MOC ... Read more ..read more

(Reuters) – Some shippers on Canada’s Trans Mountain expansion project are raising concerns that the long-delayed oil pipeline will not be fully in service by its projected start date of May 1, according to a letter to the Canada Energy Regulator on Tuesday. Deliveries for all shippers will be subject to the expanded system’s tolls and ... Read more ..read more

Goldman Sachs on Tuesday said it expects further moderation in the still-elevated geopolitical risk premium of $5-10 per barrel for crude oil in the coming months, and maintained its range-bound view, with a $90 per barrel ceiling on Brent. Oil prices slipped on Tuesday, a day after touching their lowest levels in more than three ... Read more ..read more

The first ship carrying crude from the expanded Trans Mountain pipeline is expected to load at the Port of Vancouver in the second half of May, the company building the project said on Tuesday. The expanded pipeline will carry an extra 600,000 barrels per day (bpd) of oil from Alberta to Canada’s Pacific coast and ... Read more ..read more

More than 65 per cent of Canada abnormally parched or in drought at the end of March Bloomberg News Wildfires erupted across Canada’s main oil producing province of Alberta and an evacuation order was issued as the region braces for a repeat of last year’s unprecedented season. Members of the Indigenous first nation community of ... Read more ..read more

Bloomberg News Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales. The electric-vehicle maker plans to start production on the cheaper cars before the second half of 2025, when it had previously pledged to begin making them. The Elon Musk-led company has been coping ... Read more ..read more