CALGARY — Vermilion Energy Inc. says it has completed its acquisition of Leucrotta Exploration Inc. Calgary-based Vermilion said in March that it would acquire the junior energy company in a deal worth $477 million. Leucrotta is a Montney-focused oil and natural gas...
ST. JOHN’S, N.L. — Cenovus Energy announced Tuesday it will restart work on the West White Rose oil project in Newfoundland, ending nearly two years of uncertainty in the local energy sector. The company said in a news release that work to complete the project...
By Amanda Stephenson in Calgary The officially disclosed carbon footprints of Canada’s largest oil companies could balloon in size if tough new climate rules proposed earlier this year by a U.S. regulator come into effect. The U.S. Securities and Exchange...
By Amanda Stephenson in Calgary The rising price of oil may grab most of the headlines, but another commodity — natural gas — is on an even wilder ride and expected to hit fresh heights this summer. The war in Ukraine and resulting concerns about global energy...
By Marie Woolf and Mia Rabson in Ottawa Canada could ship clean hydrogen to Europe in the future to help wean it from its dependency on Russian oil and gas, say federal ministers. At meetings with G7 counterparts in Berlin this week, Natural Resources Minster Jonathan...