By Zeke Miller And Seung Min Kim in Washington WASHINGTON (AP) — President Joe Biden on Monday accused oil companies of “war profiteering” as he raised the possibility of imposing a windfall tax on energy companies if they don’t boost domestic production. Biden...
EDMONTON — Critics fear Alberta’s new United Conservative premier is preparing to bring in a program that would use billions of dollars in taxpayer-funded royalty breaks to subsidize energy companies to fulfil their legal duty and clean up old wells. The...
ESTEVAN – SaskPower held a two day open-house regarding at proposed 100 megawatt solar facility on Oct-26-27 at the Estevan Legion Hall. In actuality, it’s not just a single project of 100 megawatts, but two projects – a 100 megawatt solar facility and a secondary, up...
By Cathy Bussewitz Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income. The Irving, Texas...
By Amanda Stephenson in Calgary Imperial Oil Ltd. announced Friday that it is raising its quarterly dividend by nearly 30 per cent and also plans to buy back up to $1.5 billion worth of shares — further evidence that shareholders of Canadian oil and gas stocks are...
