By Adena Ali Suncor Energy Inc. said Monday that it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its Petro-Canada gas station chain with the goal of “unlocking shareholder...
OTTAWA — The federal government is proposing to use an industry-specific cap-and-trade system or a modified carbon pricing system to set a ceiling for emissions from the oil and gas sector and drive them down almost 40 per cent by the end of this decade. The two...
CALGARY — The pressing global need to slash emissions in the face of a growing climate crisis is driving renewed interest in nuclear power — and few places more so than in Canada’s oilsands. While the idea of using nuclear power to replace the fossil fuels...
By Mia Rabson in Kingston Prime Minister Justin Trudeau is defending Canada’s decision to return six turbines for a pipeline that carries natural gas from Russia to Europe, even as the Ukrainian World Congress looks to stop the shipment in Federal Court. The...
CALGARY — Suncor Energy Inc. has cancelled its planned investor update about oilsands operations and safety in the wake of last week’s resignation of chief executive Mark Little. The Calgary-based energy giant had scheduled the update, which was to take place...
