By Amanda Stephenson in Calgary With oil and gas companies under increased scrutiny for how they choose to use their record-breaking profits in 2022, the chief executive of Cenovus Energy Inc. took aim at critics Wednesday by highlighting the billions of dollars the...
EDMONTON — Critics fear Alberta’s new United Conservative premier is preparing to bring in a program that would use billions of dollars in taxpayer-funded royalty breaks to subsidize energy companies to fulfil their legal duty and clean up old wells. The...
By Amanda Stephenson in Calgary Imperial Oil Ltd. announced Friday that it is raising its quarterly dividend by nearly 30 per cent and also plans to buy back up to $1.5 billion worth of shares — further evidence that shareholders of Canadian oil and gas stocks are...
OTTAWA — The federal environment minister is calling out Canada’s oil companies for failing to put cash behind their promises to tackle climate change. Steven Guilbeault says the country’s major oil players have promised to do something about greenhouse...
HALIFAX – Environment and Climate Change Canada says it’s still waiting for draft proposals from most provinces on administering a $250-million home heating assistance program announced six weeks ago. The four-year program that includes about $120 million for...
