Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs. Chief executive Kevin Neveu says Precision expects to spend $200 million this year, a...
Manitoba’s energy regulator has approved higher natural gas prices. The Public Utilities Board says rates for a typical residential customer will rise 12.4 per cent, or about $73 a year, starting May 1. The board says the increase is due to...
Whitecap Resources Inc., weeks away from closing a $15-billion combination with fellow western Canadian oil and gas producer Veren Inc., has reported a jump in first-quarter profits, revenues and production. Chief executive Grant Fagerheim told analysts Thursday that...
An ongoing trade war and U.S. President Donald Trump’s hunger for critical minerals have brought Canada’s rich mineral deposits into the spotlight, with federal and provincial politicians promising to accelerate natural resource projects. Interest in the...
The University of Toronto is launching a new climate institute with the help of a $60-million gift. The interdisciplinary Lawson Climate Institute is expected to focus on sustainable technologies, climate policy and efforts to turn the campuses into “living...
