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International Business

  • Planned Enbridge Line 5 shut down causes job loss worries for Sarnia, Ont.

    Workers in Sarnia, Ont., are raising concerns about the job losses that could occur if a U.S.
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  • Suncor Energy announces project restarts

    Carbon emission projects to start amid significant austeritySuncor Energy Inc.
  • Jeff Bezos, Amazon's founder, will step down as CEO

    Jeff Bezos, who founded Amazon and turned into an online shopping behemoth, is stepping down as the company's CEO, a role he's had for nearly 30 years.
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  • GM goes all in for EV

    Company sees no room for fossil fuels in cars and light trucks beyond 2035 General Motors is the latest among major automakers to announce they will cease production of petroleum burning vehicles.
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  • Shell buys European electric car charging firm ubitricity

    Oil and gas giant Shell is buying ubitricity, a major provider of electric vehicle charging points in Europe.Shell said Monday that it would buy a 100% stake in the Berlin-based startup, without disclosing the price."The move represents a further step in Shell's efforts to support drivers as they switch to lower-carbon transport,'' the company said.The deal, which is subject to regulatory approval, will give Shell ownership of the biggest public EV charging network in Britain with more than 2,700 charge points.Ubitricity also has smaller public networks in Germany and France, and has installed over 1,500 charge points for fleet customers across Europe.The company's focus has been to integrate charge points into existing street infrastructure such as lamp posts, to reduce the cost of laying new power lines down streets.Experts say easier access to charging facilities is key to the successful rollout of electric vehicles.Shell has said it wants to achieve net zero emissions by 2050 or sooner. 
  • Q&A with Bob Larocque, new president & CEO at the Canadian Fuels Association

      OCTANE:  You have been on the job for a few months now - what are your first impressions of Canada’s transportation fuels sector?
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  • 'It can no longer be free to pollute:' Updated climate plan includes carbon tax hikes

    The federal government has released a $15-billion plan to meet its climate change commitments that includes steady increases to its carbon tax in each of the next 10 years.
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  • Nestlé Canada joins global initiative to reduce carbon footprint

    Nestlé, the world's biggest food company, is laying out a global roadmap to achieve net zero greenhouse gas (GHG) emissions and plans to spend US$3.6 billion to achieve its goals.
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