By Marie Woolf in Ottawa Global Affairs Canada considered the impact on Canadian jobs and global inflation when making a decision to return a turbine being repaired in Montreal to a Russian energy giant, a newly released document shows. The “memorandum for action”...
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,...