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...
VANCOUVER — The discovery of a woodpecker’s nest has halted construction of the Trans Mountain pipeline along a 400-metre stretch near Chilliwack, B.C. A statement from Trans Mountain Corp. says buffer zones around trees and vegetation have been marked with rope...
OTTAWA — The Parliamentary Budget Officer says the federal government now stands to lose money from its investment in the Trans Mountain pipeline. The latest analysis shows the net present value of the pipeline is negative $600 million, leaving it worth about $1.2...
CALGARY — There’s a famous saying that ‘the cure for high prices is high prices,’ but when it comes to gasoline, that may not necessarily be the case. Experts are torn on when or even if drivers might see significant “demand destruction”...
CALGARY — The clash between the world’s thirst for energy and the need to reduce emissions to mitigate climate change is the single biggest issue facing Cenovus Energy Inc. right now, the chief executive of the Calgary-based company said Tuesday. Alex Pourbaix...
