In 2017, the project was estimated to cost C$7.4 billion. It was revised to C$12.6 billion in 2020.

Activists have finally realised that hitting companies and governments with potentially massive liabilities is a more effective strategy than having protesters chain themselves to mining equipment.

A stark appeal by the world’s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world’s top producers.

BHP has agreed to transfer its 35% ownership interest to JV partner EnVen Energy Ventures.

Australian miner BHP Group Ltd. and Korean steelmaker Posco were among the biggest drags on the MSCI Asia Pacific Index on Thursday.

The International Energy Agency estimates global demand for petroleum products won’t be back to pre-pandemic levels until 2023 and may never return to “normal.”

A cyberattack halted 2.5 million barrels per day of shipments of gasoline, diesel and jet fuel last Friday after the most disruptive cyberattack ever on US energy infrastructure.