Regardless of how much time Exxon wants to spend weighing the risks of climate change, its investors are now demanding it. In what promises to be a landmark disclosure, Exxon, the world’s largest publicly traded oil company, has agreed to provide the market with an assessment of how changing legislation around carbon emissions will affect [...]

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One of the largest accidental releases of oil in Alberta’s history isn’t a burst pipeline and it doesn’t involve a train of tanker cars derailing into a river. It’s also not a thing of the past. It’s been going on for about a year and it’s still happening. An estimated 12,000 barrels of bitumen and [...]

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It’s nine years and counting since the Keystone pipeline was first proposed and TransCanada is still waiting for Presidential approval to build the line. An environmental assessment report from the US State Department that landed last week would seem to move TransCanada’s hopes forward, but the pipeline’s ultimate fate is still very much in limbo. [...]

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Judging by pump prices, Canadian drivers might think oil companies were rolling in profits that only move higher. Lately, though, the big boys in the global oil industry are finding that earning a buck isn’t as easy as it used to be. Royal Dutch Shell, for instance, just announced that fourth quarter earnings would fall [...]

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It’s a few weeks into a brand new year and so far Canadians are discomfited by watching our dollar rank among the world’s worst-performing currencies. The oft-cited reasons include high consumer debt levels, the potential for a housing bubble, and worries that Canada’s economy is on a divergent path from the US. Really, though, it’s [...]

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