CALGARY — Oil shipper South Bow Corp. is lowering the upper end of its 2025 earnings forecast due to market uncertainty and ongoing pressure restrictions on its Keystone pipeline. A segment of the Alberta-to-Texas system ruptured and spilled crude onto North Dakota...
CALGARY — Strathcona Resources Ltd. is making a takeover stock-and-cash offer for oilsands producer MEG Energy Corp. that values the company at about $5.9 billion. The offer comes after Strathcona, which already owns about a 9.2 per cent stake in MEG, says it sent a...
CALGARY — For more than 65 years, Enbridge Inc.’s Westcoast pipeline has been pumping natural gas through First Nations territories across British Columbia. Under a deal announced Thursday, three dozen of those communities are to see long-term financial benefits...
AFN National Chief Cindy Woodhouse takes part in a panel during the Assembly of First Nations Special Chiefs Assembly in Ottawa on Thursday, Dec. 5, 2024. THE CANADIAN PRESS/Sean Kilpatrick The national chief of the Assembly of First Nations is calling for a...
Drier, warmer weather in much of British Columbia last month has contributed to an early melt, raising concern for widespread drought this summer, the province’s latest snowpack and water supply bulletin says. The drought, in turn, is...