The Canadian Press
Enbridge reports $1.9 billion first quarter profit compared with a loss a year ago
Friday, May 7, 2021, 6:29 AM MDT
Enbridge Inc. reported a first-quarter profit of $1.9 billion compared with a loss of $1.4 billion in the same quarter…
Cenovus Energy reports $220M first quarter profit compared with a loss a year ago
Friday, May 7, 2021, 6:24 AM MDT
Cenovus Energy Inc. reported a profit of $220 million in its latest quarter compared with a loss of $1.8 billion…
Alberta eases security payment burden for oilsands companies
Friday, May 7, 2021, 6:21 AM MDT
Last year's dive in oil prices has caused Alberta to change how it calculates the payments oilsands mines make to…
Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility's capacity
Friday, May 7, 2021, 6:14 AM MDT
The company proposing the Woodfibre LNG export project near Squamish, B.C., says it has struck a second sales contract with…
Canadian Natural reports $1.38 billion Q1 profit, record quarterly production
Thursday, May 6, 2021, 6:35 AM MDT
Canadian Natural Resources Limited reported a first-quarter profit of nearly $1.38 billion compared with a loss a year ago. The oilsands…
Germany aims for net zero emissions by 2045, 5 years earlier
Thursday, May 6, 2021, 6:18 AM MDT
German officials proposed Wednesday that the country could bring forward the date for reducing its greenhouse gas emissions to “net zero'' to…
Tourmaline Oil posts $248 million Q1 profit on higher oil and gas prices, volume boost
Thursday, May 6, 2021, 6:14 AM MDT
Tourmaline Oil Corp. is reporting positive net income in the first quarter thanks to higher oil and gas prices and…
Line 3 and Line 5 pipelines in U.S. 'absolutely critical,' says Enbridge CEO
Thursday, May 6, 2021, 6:09 AM MDT
The CEO of Enbridge Inc. says the company's Line 3 and Line 5 pipelines in the United States are “absolutely…
Suncor delays maintenance project as COVID-19 cases plague Fort McMurray area
Wednesday, May 5, 2021, 6:06 AM MDT
Suncor Energy Inc. is delaying a planned maintenance shutdown at its Base Plant oilsands mine upgrader in view of surging…
Suncor posts $821 million first quarter profit on higher output, better oil prices
Tuesday, May 4, 2021, 6:49 AM MDT
Suncor Energy Inc. is reporting positive first-quarter net earnings on higher production, lower costs and stronger oil and gas prices, reversing a big net…
Parkland aiming to about double adjusted EBITDA in less than five years
Tuesday, May 4, 2021, 6:20 AM MDT
Parkland Corp. is aiming to about double its earnings in less than five years after swinging to a profit in…
Saudi oil firm Aramco's first quarter profits up by 30%
Tuesday, May 4, 2021, 6:17 AM MDT
Saudi Aramco said Tuesday its profits soared by 30 per cent in the first-quarter of the year, compared to last…
