The Canadian Press
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
