CALGARY — Scotiabank is warning that the Alberta government’s plan to give oil companies a royalty credit for cleaning up their old wells could damage the reputation of Canada’s oil and gas industry. Scotiabank said in a report Thursday that companies such...
The estimated cost of the Coastal GasLink pipeline has increased by 29 per cent to $14.5 billion, as the company behind the project continues to be dogged by unexpected construction issues and rising labour costs. Calgary-based TC Energy Corp. released the new price...
By Amanda Stephenson in Calgary Once bitten, twice shy. It’s an old adage that explains why Jason Schneider, the elected reeve of Vulcan County, Alta., is jittery about the renewable energy boom under way in his province. Like many in rural Alberta, Schneider is...
SURREY, B.C. — FortisBC Holdings Inc. says it has signed a deal with a First Nation in British Columbia over the Tilbury liquefied natural gas expansion projects. The subsidiary of utilities company FortisInc. says it will collaborate with the Snuneymuxw First Nation...
By Amanda Stephenson in Calgary Imperial Oil Ltd. is going ahead with a $720-million project to build a renewable diesel facility at its Strathcona refinery near Edmonton. The project, first announced in August 2021, is expected to produce 20,000 barrels per...
