Imperial Oil Ltd. says it and ExxonMobil Canada have closed the $1.9-billion sale of their oil and gas-producing assets in the Montney and Duvernay areas to Whitecap Resources Inc. The two companies each owned 50 per cent of XTO Energy Canada, which held the assets,...
Alberta’s finance minister says the government is going to use this year’s projected windfall budget surplus to pay down debt and put some cash in its piggy bank. Jason Nixon says the plan is to make a $13.4-billion repayment on the provincial debt and add almost $3...
By James McCarten in Washington For the second time in a year, the federal government is invoking a little-known 1977 energy treaty between Canada and the United States in an effort to prevent a federal court from shutting down the Line 5 pipeline. This time,...
The chairman of the company behind one of the biggest proposed green hydrogen projects in Atlantic Canada says a three-year time frame to start shipping the fuel to Germany is feasible if everyone moves quickly. John Risley is the chair of World Energy G2, a...
The man behind a pitch to build a wind-powered hydrogen facility in western Newfoundland says a recent visit to the region from Canadian and German leaders signalled a big start for Atlantic Canada’s hydrogen industry. Atlantic Canadian seafood mogul John Risley...
