October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly hard, according to Aon’s Impact Forecasting.
Total U.S. economic losses from October’s Hurricane Michael – including physical damage and net loss business interruption – was forecast to exceed $15 billion, with public and private insurers likely to incur payouts of at least $8 billion.
TransCanada's $10-billion Keystone XL pipeline project has suffered another setback after a U.S. federal judge blocked its construction to allow more time to study the potential environmental impact.
The Great Falls Tribune reports U.S. District Judge Brian Morris' order on Thursday came as the Calgary-based energy giant was preparing to build the first stages of the oil pipeline in northern Montana.
In October, the B.C. government celebrated a decision by private-sector investors to proceed with LNG Canada, a $40 billion infrastructure project in Kitimat to export “natural” gas. Yet somehow much of the media coverage neglects to mention that this gas is extracted by hydraulic fracturing, or fracking, which is now the primary method for natural gas production in Canada. Why are so many media and government announcements studiously avoiding the “F” word?
Nov 1, 2018 - Cleaning up Alberta's fossil fuel industry could cost an estimated $260 billion, internal regulatory documents warn.
The staggering financial liabilities for the energy industry’s graveyard of spent facilities were spelled out by a high-ranking official of the Alberta Energy Regulator (AER) in a February presentation to a private audience in Calgary.
CBC News has been taking criticism for its coverage of the “fresh opportunities” for Canadian businesses under Brazil’s president-elect. Although the public broadcaster has shifted its tone slightly, the original article stands and the criticism keeps mounting.
NEW ORLEANS — An oil spill that has been quietly leaking millions of barrels into the Gulf of Mexico has gone unplugged for so long that it now verges on becoming one of the worst offshore disasters in U.S. history.
