Cenovus Energy Inc. says its cash-and-stock bid for MEG Energy Corp. offers a premium valuation and certainty over a rival all-stock offer by Strathcona Resources Ltd. “Cenovus brings scale, industry-leading experience, tier-1 assets, near-term growth,...
OTTAWA — Canada’s short-term targets for reducing its emissions are now out of reach after emission levels remained unchanged last year, and recent federal policies have set back Canada’s progress, Canada’s leading climate policy research...
CALGARY — Tamarack Valley Energy Ltd. has signed a deal to sell a group of non-core assets in eastern Alberta to a private company for $112 million. The assets in the Veteran Consort and Eyehill areas produce approximately 4,000 barrels of oil equivalent per day or...
A group representing the energy adviser profession says it’s deeply concerned about the sudden closure of applications for the federal Canada Greener Homes Loan program. Homeowners had been able to borrow up to $40,000 interest-free for certain renovations that...
TORONTO — A new report says Canada’s big banks financed about US$145 billion in fossil fuel investments last year, compared with about US$75 billion to low-carbon energy. The report by energy transition research firm BloombergNEF focuses on the ratio of global...
