Athabasca Oil Corp. and Cenovus Energy Inc. say they will create a new joint venture stand-alone company called Duvernay Energy Corp. The two companies say Athabasca will own a 70 per cent equity interest in Duvernay Energy with Cenovus owning the remaining 30 per...
The zeal of the virtuous is a mighty thing. It cannot be bruised by rank hypocrisy or the large-scale squandering of public funds. Then again, maybe Jet travel and 24-hour a day air conditioning are but a small price to pay for saving us from mass extinction....
An agreement at the United Nations-led climate conference to transition away from fossil fuels brought a measure of relief for climate activists, even as many said it doesn’t go far enough. They also saw something to like in what the agreement said about...
CALGARY – Saskatchewan’s largest oil producer, Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced its 2024 budget on Dec. 14. Continuing with the growth plan embarked on in 2023, Cenovus expects to invest capital of between $4.5 billion and $5.0 billion in...
CALGARY – In 1999-2000, the Alliance Pipeline was built from Fort St. John to the outskirts of Chicago, cutting right across Saskatchewan along the way. It was to be a game-changer for natural gas from northeast Alberta and northwest British Columbia, allowing...