Category: Oil & Gas

Oct 3

Enbridge to spend $700 million building new oil and natural gas pipelines in Gulf of Mexico

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 […]
Sep 10

TC Energy says sale of minority stake in pipeline to Indigenous groups is delayed

Article content CALGARY — TC Energy Corp. says a deal to sell a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities has been delayed. The $1-billion agreement, announced in July, is meant to enable 72 Indigenous communities to take a 5.34 per cent stake in its Nova Gas […]
Jul 29

Canada’s biggest oil producers start releasing their earnings — Here’s what to expect

Breadcrumb Trail Links Commodities Energy Oil & Gas The companies will be expected to elaborate on the effect of TMX, which officially opened on May 1 Get the latest from Naimul Karim straight to your inbox Sign Up Published Jul 29, 2024  •  Last updated 0 minutes ago  •  4 minute read Almost all the big […]
Mar 11

Alberta updates electricity rules to help lower utility bills

Breadcrumb Trail Links Oil & Gas Energy Commodities Institutes two temporary measures around practice of ‘economic withholding’ Author of the article: The Canadian Press Amanda Stephenson Published Mar 11, 2024  •  Last updated 9 minutes ago  •  3 minute read Join the conversation Alberta Utilities Minister Nathan Neudorf. Photo by David Bloom/Postmedia files Article content EDMONTON […]
Mar 9

Trans Mountain pipeline extension insurance against Canadian oil price blowout, says analyst

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Jul 14

Ottawa expected to unveil guidelines next week aimed at curbing fossil fuel tax breaks

Breadcrumb Trail Links Oil & Gas News Energy Commodities Similar to policy that ended most of Canada’s public financing for international projects Author of the article: The Canadian Press Mia Rabson Published Jul 14, 2023  •  3 minute read Join the conversation Environment Minister Steven Guilbeault speaks at a press conference, in Ottawa, Monday, June […]
Feb 2

‘Truly stunning’: Shell hikes dividend 15% as profit doubles to record $40 billion for 2022

Breadcrumb Trail Links Oil & Gas News Energy Commodities Latest of the Big Oil companies to report bumper profits Author of the article: The Associated Press Kelvin Chan Published Feb 02, 2023  •  3 minute read Join the conversation Global energy giant Shell reported on Feb. 2 that its annual profits doubled to a record […]
Jan 16

Activist investor Elliott poised to get fourth Suncor board seat as company continues to underperform

Breadcrumb Trail Links Oil & Gas Energy Commodities Oilsands major underperformed its peers in second half of 2022, triggering a clause in last year’s peace agreement The Suncor Energy Edmonton Refinery. Photo by David Bloom/Postmedia files Article content Activist investor Elliott Investment Management LP appears poised to add a fourth member to Suncor Energy Inc.’s […]
Dec 30

Why Whitecap Resources’ CEO is making deals and hoping Alberta’s Sovereignty Act can heal

Breadcrumb Trail Links Oil & Gas Energy Commodities ‘It’s not pitting ourselves against any other province,’ says Grant Fagerheim of controversial bill Grant Fagerheim is the chief executive of Whitecap Resources. “We love making ourselves non-competitive,” said Fagerheim of Ottawa’s oil-and-gas emissions cap policy, which is expected to be released in 2023. Photo by Todd […]