Calgary-based Pieridae Energy is giving up on its Nova Scotia LNG dreams and is retreating back to Alberta to focus on its fossil fuel business, the company said in a corporate update.
A coalition of environmental groups is calling on Ottawa to reject any proposals to build export facilities for liquefied natural gas on Canada's East Coast, saying such projects will produce "climate-wrecking emissions."
Canada’s interest in boosting liquefied natural gas exports to tackle energy insecurity in Europe is part of a global trend that risks locking in planet-warming pollution over the next decade, according to new analysis by the Climate Action Tracker.
Alberta's public pension manager has lost millions after investing in smaller energy companies at a time when the entire sector is in decline, an analysis has found.
The possible transfer of hundreds of sour gas wells, pipelines and other facilities from an energy giant to a much smaller company has raised concerns about Alberta's efforts to ensure taxpayers don't get stuck with the cleanup bill.