Article content CALGARY — After four years and more than $34 billion in costs, the Trans Mountain oil pipeline expansion will go into commercial service on May 1. The Crown corporation behind the massive project provided the start date in an update posted to its website Wednesday. Article content “The commencement date for commercial operation […]
Article content CALGARY — TC Energy Corp.’s plan to shore up its balance sheet with $3 billion or more in asset sales took a step forward Monday after a deal to sell a U.S. pipeline. The Calgary-based company and its partner said they are selling the Portland Natural Gas Transmission System for US$1.14 billion to […]
Breadcrumb Trail Links PMN Energy PMN Business Author of the article: The Canadian Press Amanda Stephenson Published Jul 27, 2023 • 3 minute read Join the conversation Pedestrians walk past a sculpture outside the TC Energy head office in downtown Calgary, Alta., Friday, Sept. 16, 2022.THE CANADIAN PRESS/Jeff McIntosh Photo by Jeff McIntosh /The Canadian […]
Breadcrumb Trail Links PMN Energy PMN Business Author of the article: The Canadian Press Amanda Stephenson Published Jun 28, 2023 • 3 minute read Join the conversation Gas prices are displayed at an Esso station in Oakville, Ont., Saturday, Feb.25, 2023. Canadians heading out on the road for the July 1 long weekend will find […]
Share this Story: Canada’s oil output would plummet by 2050 in a net-zero world, new modelling shows (0621 Canada-Energy-Future, CP, 611 words, Business, National, Oil&Gas, Environment, B, G, 06/20/23 02:20 PM) Breadcrumb Trail Links PMN Energy PMN Business Author of the article: The Canadian Press Amanda Stephenson Published Jun 20, 2023 • 3 minute read […]
Breadcrumb Trail Links PMN Energy PMN Business Author of the article: The Canadian Press Amanda Stephenson Published Jun 20, 2023 • Last updated 4 minutes ago • 3 minute read Join the conversation A pumpjack draws out oil and gas from a well head as a rainbow shines down on it near Calgary, Alta., Sunday, May […]
Article content Shares of Chevron climbed Thursday after the oil company announced that it would repurchase $75 billion of its stock, one of the largest-ever stock buyback plans. Article content The company’s board also approved an increase of about 6% in its quarterly dividend, to $1.51 per share. Article content Chevron Corp. said the buyback […]
Article content TORONTO — Energy prices will likely be volatile in the first quarter of 2023 as geopolitical uncertainty continues, Deloitte said. Article content Global factors including the war in Ukraine and China’s rocky COVID reopening will continue to contribute to tension between supply and demand, according to the firm’s energy, oil and gas price […]