Oil & Gas
Crescent Point reports $1.18B Q1 profit, raises quarterly dividend
Thursday, May 12, 2022, 1:38 PM MDT
Crescent Point Energy Corp. hiked its quarterly dividend by more than 40 per cent Thursday and said it will soon…
N.L. oil regulator releases call for offshore exploration bids after federal delay
Thursday, May 12, 2022, 6:19 AM MDT
Newfoundland and Labrador's oil industry regulator is releasing its 2022 call for bids on new offshore exploration licences. The Canada-Newfoundland…
Alberta Appeal Court says federal environmental impact law not OK
Wednesday, May 11, 2022, 6:03 AM MDT
Alberta's top court said Tuesday that the federal government's environmental impact law is unconstitutional and Ottawa almost immediately announced its…
Pembina raises 2022 guidance after posting record first quarter results
Friday, May 6, 2022, 6:10 AM MDT
Pembina Pipeline Corp. is raising its 2022 guidance after posting record quarterly results due to higher natural gas and crude…
Record profits for oil companies should be invested in climate action: Guilbeault
Thursday, May 5, 2022, 2:49 PM MDT
Canada's big oil companies are making record profits this year and should be using some of that extra cash to…
Updated: Canadian Natural Resources posts higher Q1 profits from year ago
Thursday, May 5, 2022, 6:51 AM MDT
Canadian Natural Resources Ltd.'s profits more than doubled from a year ago in the first quarter, as surging oil prices…
TC Energy reports $358M first quarter profit compared with loss a year ago
Friday, April 29, 2022, 6:20 AM MDT
TC Energy Corp. says it earned $358 million in its first quarter compared with a loss of $1.06 billion in…
Whitecap Resources plans more gas drilling in late 2022 as prices surge
Thursday, April 28, 2022, 6:42 AM MDT
Whitecap Resources Inc. plans to increase natural gas activity in the second half of the year to capitalize on a…
CAPP names new president and CEO
Thursday, April 28, 2022, 6:16 AM MDT
The Canadian Association of Petroleum Producers has named Lisa Baiton as its new president and CEO. Baiton replaces outgoing president…
Big Oil’s huge Russia writedowns eased by cash from $100 oil
Tuesday, April 26, 2022, 6:52 AM MDT
Big Oil is walking away from tens of billions of dollars of Russian assets, but $100 crude is easing the…
Long-term gas deals become pricey as world moves to quit Russia
Thursday, April 21, 2022, 6:24 AM MDT
Liquefied natural gas suppliers are asking clients to pay much higher rates for new long-term contracts, as a global effort…
Alberta introduces bill for electricity bill rebates, possible natural gas rebates
Thursday, April 21, 2022, 6:13 AM MDT
The Alberta government has introduced legislation that would fulfil a promise to provide $150 in electricity rebates. Dale Nally, associate…
