Energy

Crescent Point Energy Corp. has inked another blockbuster deal in the Canadian oilpatch, solidifying its place as the dominant player in the Montney, one of North America's largest unconventional petroleum plays.

Ontario Premier Doug Ford says the province is extending a 5.7-cent cut to the gas tax until next summer.

Ontario-based Canadian Solar Inc. will build a US$800 million solar panel factory in southeastern Indiana that will employ about 1,200 workers once production is fully ramped up, the company said Monday.

A geothermal energy company is the first recipient of funding from the Canada Growth Fund, the federal government's new $15-billion arm's-length public investment vehicle.

Energy Minister Jonathan Wilkinson says Canada needs to "get with the program" and move faster to become a renewable energy powerhouse, as a new international energy outlook forecasts demand for all fossil fuels will peak in seven years.

Carbon capture and storage is key to greening Canada's electricity grid, but meeting the proposed time frame laid out by the federal government will be extremely difficult based on the current state of the technology, according to a new report.

Coastal GasLink has been fined $340,000 by the B.C. Environmental Assessment Office for issues related to erosion and sediment control.

Canada is helping to finance two new nuclear reactors in Romania, which that country's energy minister says will help diminish Russia's ability to use its energy exports as a weapon.

Statistics Canada says a spike in the amount Albertans paid for electricity last month counteracted an overall decline in energy prices in July — and was one of the key reasons cited by the agency as the overall inflation rate ticked up.

An industry group says Alberta's decision to pause approvals of new renewable energy projects is putting the lives of thousands of workers on hold.

Against the backdrop of Alberta’s newest solar farm, federal Natural Resources Minister Jonathan Wilkinson said Tuesday he still believes the province can get its electricity grid to net zero by 2035 – in spite of Premier Danielle Smith’s insistence to the contrary.