Mineral rights doubles petroleum rights in December Crown land sales

On Dec. 16, the Ministry of Energy and Resources announced its Dec. 13 mineral rights sale came in at a record $3.2 million, which more than doubled the petroleum land sale a week earlier, on Dec. 7. That petroleum and natural gas rights sale came in at $1.4 million....

NEWS: Imperial Oil expects $1.4 billion in capital spending next year

CALGARY — Imperial Oil Ltd. says it expects its capital spending to total $1.4 billion next year. The company says the plan includes the ramp-up of an in-pit tailings project at the Kearl oilsands facility and completion and commissioning of a products pipeline in...

FCL posts $9.1 billion in revenue for 2021 fiscal year

SASKATOON — Coming off a string of big-money announcements, Federated Co-operatives Limited (FCL) posted nearly $9.1 billion in revenue and $495 million in earnings for the financial year ending Oct. 31, 2021, up from $7.9 billion in revenue and $177 million in...