Alberta oil output hits new record as producers ramp up for Trans Mountain completion

Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion. The Alberta Energy Regulator says crude oil production in the province rose by 8.8 per cent in November to a new historic high of 4.2 million barrels per … Read more

2024 is the year the world could reach peak coal use. But it’s a tough habit to quit

With the COP28 climate summit now in the rearview mirror, some researchers say the moment is here when coal consumption in power plants around the world will finally peak before beginning a perpetual fall. For more than a century, coal has been used to produce electricity, and to this day remains the workhorse of the global power … Read more

Trans Mountain to present pipeline variance arguments at hearing with regulator

The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance. The Trans Mountain pipeline is Canada’s only oil pipeline to the west coast, and its expansion will boost the pipeline’s capacity to 890,000 barrels per day from 300,000 currently. The project’s … Read more

Renters tighten purse strings as prices in Alberta grow at fastest pace in 40 years

Nikkie Miranda feels stuck and frustrated, weighing what she’ll have to sacrifice when her rent increases again this winter. Three years ago, when she moved into a two-storey, three-bedroom semi-detached home in southwest Edmonton, Miranda paid $1,650 per month in rent. Her rent later increased to $1,800 and will go up again to $1,950 when … Read more