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Energy transition stocks get lots of love from investors, TSX Venture list shows

CALGARY — Canadian-based mining companies that are betting on the global energy transition saw a surge of investor interest in 2023, according to the latest edition of the TSX Venture 50 list. The annual ranking of top performers on Canada’s main venture...

Offshore oil off BC? Forget about it! All oil and gas permits in B.C. waters are relinquished, say feds

VICTORIA — The federal government says the final offshore oil and gas permits for Canada’s West Coast have been relinquished. A news release from the office of Energy and Natural Resources Minister Jonathan Wilkinson says the relinquishment came from Chevron...

Suncor breaks oilsands record, but adjusted earnings fall on weaker oil prices

CALGARY — Suncor Energy Inc. says it earned $2.82 billion in the fourth quarter of 2023, up from $2.74 billion in the same period of 2022. The Calgary-based oil company says its net earnings for the three months ended Dec. 31 work out to $2.18 per common share, and...

Suncor reverses workplace injury trend, reports 2023 was company’s safest year ever

CALGARY — Oilsands giant Suncor Energy Inc., which has been heavily criticized in recent years for an abnormally high number of workplace deaths at its sites, reported that 2023 was its best year ever in terms of worker safety. CEO Rich Kruger told analysts on a...

Chord Energy signs stock-and-cash deal worth about US$3.8B to buy Enerplus

CALGARY — Enerplus Corp. has signed a deal to be acquired by U.S. company Chord Energy Corp. in a stock-and-cash deal worth about US$3.8 billion. Chord Energy chief executive Danny Brown says the deal strengthens the company’s Williston Basin position and...
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