Tag: Oil & Gas

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 […]