Oil & Gas
Canadian Natural Resources reports Q4 profit down from year ago, raises dividend
Thursday, March 2, 2023, 6:35 AM MST
Canadian Natural Resources Ltd. raised its quarterly dividend as it reported its fourth-quarter profit fell compared with a year earlier.…
Oil and gas investment in Canada to hit $40 billion in 2023, industry group says
Thursday, March 2, 2023, 6:33 AM MST
Investment in oil and gas production in Canada will jump by 11 per cent to hit $40 billion in 2023,…
More LNG supply needed soon: Shell’s latest outlook
Thursday, March 2, 2023, 6 AM MST
The LNG market faces big decisions over the next few years. Shell plc’s latest LNG outlook sees demand reaching 650…
Enbridge earmarks $3.3 billion for Gulf Coast storage plant, other projects
Wednesday, March 1, 2023, 10:19 AM MST
A U.S. Gulf Coast gas storage facility and a stake in a company developing fuel from waste food are among…
Oil well cleanup program listed as 'key objective' in Alberta's pre-election budget
Wednesday, March 1, 2023, 6:12 AM MST
Alberta Premier Danielle Smith's last budget before an expected spring election gives strong support to a proposed tax break for…
Baytex signs agreement to buy Ranger Oil in deal valued at $3.4B including debt
Tuesday, February 28, 2023, 6:55 AM MST
Baytex Energy Corp. has signed a deal to buy U.S. company Ranger Oil Corp. in a deal valued at C$3.4…
TransAlta reports $163M Q4 loss, revenue up 40% from year ago
Friday, February 24, 2023, 6:05 AM MST
TransAlta Corp. reported a loss of $163 million in its latest quarter compared with a loss of $78 million in…
German energy boss warns: Don't let guard down on gas supply
Thursday, February 23, 2023, 6:43 AM MST
The temperature outside Klaus Mueller's office almost resembles spring, exactly the kind of mild weather that helped Germany get through…
Ontario explores possibility of new, large scale nuclear plants
Thursday, February 23, 2023, 6:16 AM MST
Ontario is exploring the possibility of building new, large-scale nuclear plants in order to meet increasing demand for electricity and…
EU gas issues not over and North America has the solution
Thursday, February 23, 2023, 6 AM MST
After a mild winter, the European Union is already starting to think about where its gas will come from later…
Record oil profits 'enough to make you ball up your fists,' says N.L. minister
Friday, February 17, 2023, 6:14 AM MST
After handing oil companies more than $280 million in cash during the COVID-19 pandemic, Newfoundland and Labrador's energy minister says…
