Alberta Appeal Court says federal environmental impact law not OK

By Colette Derworiz CALGARY – The Alberta Court of Appeal says the federal government’s environmental impact law is unconstitutional. The Alberta government, calling it a Trojan Horse, had challenged the Impact Assessment Act over what the province argued...

Suncor Energy reports earnings of $2.95B as oil prices surge

CALGARY – Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period of 2021, as the war in Ukraine and energy supply fears drove oil prices higher. The Calgary-based oil producer and refiner reported after...

Parkland Corp. to build renewable diesel plant at Burnaby refinery

CALGARY — Parkland Corp. says it plans to spend $600 million to increase renewable fuel production at its Burnaby refinery in British Columbia. The Calgary-based fuel retailer says it will ramp up the amount of renewable material it currently refines alongside...

Ensign Energy Services reports first-quarter revenue up more than 50%

CALGARY — Ensign Energy Services Inc. reported a profit in its latest quarter compared with a loss a year ago as its revenue grew more than 50 per cent. The Calgary-based company says it earned a profit attributable to common shareholders of $6.6 million or four cents...