The Canadian Press

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Oil heads for weekly gain as tighter supplies offset virus fears

Friday, July 30, 2021, 6:21 AM MDT

Oil headed for a second weekly gain as signs of tighter supplies helped assuage fears over the resurgent pandemic’s threat…

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N.L. oil refinery with uncertain future has new buyer interested in renewable fuels

Friday, July 30, 2021, 6:11 AM MDT

An idled oil refinery in the Newfoundland and Labrador town of Come By Chance has found a buyer. A spokesperson for the…

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TC Energy in dispute with LNG Canada; could delay construction of Coastal GasLink

Thursday, July 29, 2021, 4 PM MDT

The completion of the Coastal GasLink pipeline could be delayed if TC Energy cannot resolve an ongoing dispute with LNG…

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Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

Thursday, July 29, 2021, 3:54 PM MDT

Cenovus Energy Inc. retired nearly $1 billion in debt in the second quarter as the easing of COVID-19 restrictions and…

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Climate bid faces tricky path over money for electric cars

Thursday, July 29, 2021, 3:50 PM MDT

The bipartisan compromise on infrastructure cuts in half President Joe Biden's call for $15 billion to build 500,000 electric vehicle…

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Cenovus swings to $224 million profit in Q2 on improved conditions, Husky takeover

Thursday, July 29, 2021, 7:12 AM MDT

Cenovus Energy Inc. swung to a $224-million net profit in its latest quarter on a large recovery in sales due…

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Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

Wednesday, July 28, 2021, 6:10 AM MDT

Crescent Point Energy Corp. raised its 2021 production guidance stemming from higher energy prices after swinging to a $2.14-billion profit…

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Pembina to pocket $350 million after terminating acquisition of Inter Pipeline

Tuesday, July 27, 2021, 7:03 AM MDT

Pembina Pipeline Corp. will pocket a $350-million break fee after terminating its acquisition of Inter Pipeline Ltd. The move comes…

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Brookfield confident in offer for Inter Pipeline after Pembina terminates rival bid

Tuesday, July 27, 2021, 6:12 AM MDT

Brookfield Infrastructure Partners LLP said it's confident its hostile bid for Calgary-based Inter Pipeline will be successful now that Pembina…

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MEG boosts 2021 production guidance on strong six months and Q2 profits

Monday, July 26, 2021, 6:02 AM MDT

MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on…

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Mercedes sketches out all electric scenario by decade's end

Friday, July 23, 2021, 6:43 AM MDT

Daimler AG’s luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of…

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Germany's Merkel says pipeline deal with U.S. good for Ukraine

Friday, July 23, 2021, 6:16 AM MDT

German Chancellor Angela Merkel said Thursday that a compromise deal that will allow the completion of a Russian gas pipeline to Europe…

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