By Mia Rabson in Ottawa Canada’s new emissions standards for gasoline and diesel will allow oil companies that get a federal tax break for installing carbon capture and storage systems to also generate credits based on those systems, which they can then sell to...
CALGARY — Imperial Oil Ltd. says it and ExxonMobil Canada have entered into an agreement to sell the Montney and Duvernay oil and gas-producing areas of central Alberta to Whitecap Resources Inc. for $1.9 billion. Imperial and ExxonMobil Canada each own 50 per cent of...
By Sarah Smellie in St. John’s A former executive with Newfoundland and Labrador’s Crown-owned oil corporation is suing her former employer, alleging she was paid far less than her male counterparts. A lawsuit filed June 14 in provincial Supreme Court...
WASHINGTON — The “over-the-top hypocrisy” outspoken Formula One driver Sebastian Vettel displayed on his T-shirt and helmet last weekend in Montreal is just the sort of thing Premier Jason Kenney says he needs to disprove and discredit the critics of...
By Amanda Stephenson in Calgary Imperial Oil Ltd. has signed a deal to help advance a lithium project in Alberta’s historic Leduc oilfield. The agreement will see Imperial invest $6.35 million in E3 Lithium, a Calgary-based junior resource company that has...
