The Canadian Press
Cenovus reports $1.61B Q3 profit, up from $551M a year ago
Wednesday, November 2, 2022, 6:18 AM MDT
Cenovus Energy Inc. reported its third-quarter profit almost tripled compared with a year ago, helped by higher commodity prices. The…
Biden paints oil firms as war profiteers, talks windfall tax
Tuesday, November 1, 2022, 6:22 AM MDT
President Joe Biden on Monday accused oil companies of “war profiteering” as he raised the possibility of imposing a windfall tax on…
Saskatchewan set to introduce bill aimed at seeking more provincial independence
Tuesday, November 1, 2022, 6:18 AM MDT
Premier Scott Moe's Saskatchewan Party government is set to introduce a bill today aimed at seeking more provincial independence, especially…
Saudi Aramco has $42.4B profit in third quarter
Tuesday, November 1, 2022, 6:15 AM MDT
Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, a 39 per…
Imperial ‘striking a balance’ between shareholder returns and capital spending: CEO
Monday, October 31, 2022, 6:37 AM MDT
Imperial Oil Ltd. announced Friday that it is raising its quarterly dividend by nearly 30 per cent and also plans…
Guilbeault slams oilpatch for raking in cash and sitting idle on climate action
Monday, October 31, 2022, 6:14 AM MDT
The federal environment minister is calling out Canada’s oil companies for failing to put cash behind their promises to tackle…
EU approves ban on new combustion engine cars from 2035
Friday, October 28, 2022, 6:28 AM MDT
European Union lawmakers and member countries reached a deal to ban the sale of new gasoline and diesel cars and…
Precision Drilling returns to profitability as oil and gas sector picks up pace
Friday, October 28, 2022, 6 AM MDT
Increased activity in the North American oil and gas sector helped Calgary-based Precision Drilling Corp. return to profitability during the…
Crisis stricken Cuba caught between ally Russia, nearby U.S.
Thursday, October 27, 2022, 1:53 PM MDT
When Hurricane Ian tore through western Cuba in late September, causing an island-wide blackout, it left the government grappling with…
Nord Stream 1 operator sends ship to survey pipeline damage
Thursday, October 27, 2022, 1:18 PM MDT
A ship chartered by the operator of the Nord Stream 1 natural gas pipeline has arrived at the site of last month's…
Shell Q3 earnings double, stir debate on energy profit tax
Thursday, October 27, 2022, 6:25 AM MDT
Shell's earnings more than doubled in the third quarter, fueling the debate over taxes on energy producers' windfall profits as…
Saudi oil giant Aramco unveils $1.5B sustainability fund
Thursday, October 27, 2022, 6:21 AM MDT
Saudi oil and gas company Aramco unveiled a $1.5 billion fund on Wednesday for sustainable investments, part of efforts to…
