CALGARY — Suncor Energy Inc. says its second-quarter earnings were down from last year, largely on lower oil prices, as it also revised down its expected capital spending for the year. The oilsands producer says it had a net income of $1.13 billion for the quarter...
By Sammy Hudes Cenovus Energy Inc. says it is “cautiously optimistic” about the federal government’s commitment to building new projects that aim to spearhead economic growth, but the company hopes to see Ottawa clear obstacles that lie in the...
By Daniel Johnson CALGARY — The chief executive of Imperial Oil Ltd. says he is encouraged by discussions with the federal government regarding support for industry projects, as the company reported second-quarter results. “When I think broadly about the...
The head of Enbridge Inc. says he’s encouraged by conversations in both Canada and the U.S. on building more energy infrastructure, but that it remains to be seen what concrete action will result at home. “I’m optimistic about our ongoing...
CALGARY — Oilsands producer MEG Energy Corp. says its profits fell during the second quarter compared with a year earlier. Net earnings for the quarter came in at $67 million, or 26 cents per diluted share, compared with $136 million, or 50 cents per diluted share,...
