By Dylan Robertson in Ottawa Japanese Prime Minister Fumio Kishida’s first official visit to Canada will take place next week, as Tokyo looks to Canada to provide much-needed liquefied natural gas. Japan takes over the rotating presidency of the Group of Seven...
ST. JOHN’S, N.L. — The company that operates the Hibernia offshore oil platform has pleaded not guilty to three charges related to a 2019 oil spill off the east coast of Newfoundland. Court documents confirm the Hibernia Management and Development Company...
CALGARY — Vermilion Energy Inc. raised its dividend by 25 per cent as it announced a $570 million capital budget for 2023. The company says it will now pay a quarterly dividend of 10 cents per share, up from eight cents per share, and resume share buybacks. Vermilion...
BRUSSELS (AP) — Natural gas storage levels in the European Union stand at nearly 84% and were higher in December than the average amount in reserve 4-6 years ago, the EU’s executive branch said Wednesday, despite Russian attempts to choke off supplies amid its war on...
CALGARY — Canadian oil and gas companies are expected to increase spending in 2023, but analysts say it will be another year of modest growth and not a return to boom times. For Canada’s energy industry, 2022 was the year that finally snapped a decade of weak...
