CALGARY — TC Energy Corp. says it has closed a $1.8-billion bought deal offering of common shares. The Calgary-based company says it will use the proceeds to fund costs associated with the construction of the Southeast Gateway Pipeline, a US$4.5-billion offshore...
By Amanda Stephenson in Calgary Cenovus Energy Inc. has signed a US$300-million deal that it says marks another step forward in its long-term strategy to integrate its heavy oil production with refining capability. The Calgary-based oil company announced Monday it has...
CALGARY — Canadian Natural Resources Ltd. reported a second-quarter profit that was more than double what it made in the same period last year. The company said it earned $3.5 billion or $3 per diluted share for the quarter ended June 30, up from $1.6 billion or $1.30...
HALIFAX — A coalition of environmental groups is calling on Ottawa to reject any proposals to build export facilities for liquefied natural gas on Canada’s East Coast, saying such projects will produce “climate-wrecking emissions.” The coalition,...
CALGARY — The new interim CEO of Suncor Energy Inc. says the oil and gas giant is ready to stop studying its workplace safety problem and start implementing solutions instead. Kris Smith, who took the helm of the Canadian oil and gas producer in the wake of the...
