The Canadian Press

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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