By Mia Rabson in Ottawa Canada’s big oil companies are making record profits this year and should be using some of that extra cash to invest in things that curb their greenhouse gas emissions, Environment Minister Steven Guilbeault said Thursday. His remarks...
By Amanda Stephenson in Calgary The head of Canadian pipeline giant TC Energy Corp. says the company sees a future opportunity to get involved in providing small-scale nuclear power for Alberta’s oilsands. Chief executive François Poirier told analysts on a...
CALGARY — TC Energy Corp. says it earned $358 million in its first quarter compared with a loss of $1.06 billion in the same quarter last year when it took a charge related to the cancellation of its controversial Keystone XL project. The pipeline company says the...
CALGARY — Imperial Oil Ltd. says it posted its highest first-quarter profit in over 30 years as it earned $1.17 billion, boosted by higher oil prices. The company also announced plans to buy back up to $2.5 billion of its common shares. Imperial says the profit...
ST.-LAZARE, MANITOBA – Canadian National says it has implemented safety measures after one of its trains derailed in western Manitoba in 2019, resulting in a large crude oil spill. A Transportation Safety Board investigation has determined the train was on track...
