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...
CALGARY — The Canadian Association of Petroleum Producers has named Lisa Baiton as its new president and CEO. Baiton replaces outgoing president and CEO Tim McMillan, who has led the oil and gas lobby group for the last eight years. Baiton was most recently a member...
CALGARY — TC Energy Corp. says it will partner with GreenGasUSA to explore development of a network of renewable natural gas (RNG) transportation hubs. TC Energy says it will build, own and operate the RNG transportation hubs in several U.S. states along its...
EDMONTON — Regulated utility ATCO Electric has agreed to pay a $31 million administrative penalty after an Alberta Utilities Commission investigation found it deliberately overpaid a First Nation group for work on a new transmission line, and then failed to disclose...
