Ensign Energy Services Inc. reported a profit in its latest quarter compared with a loss a year ago as its revenue edged up. The oilfield services company says its net income attributable to common shareholders amounted to $3.7 million or two cents per diluted share...
By Gabe Levin in Dubai DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s multi-trillion-dollar...
CALGARY — The chief executive of Pembina Pipeline Corp. says he believes there will be enough demand to support an expansion to the Cedar LNG project on the B.C. coast as it looks to sign on more shippers for the first phase now in early construction. Pembina has...
By Lauren Krugel A judge has declined to hear a challenge to Parkland Corp.’s last-minute decision to delay its shareholder meeting by more than a month so investors can vote on a US$9.1-billion takeover by Sunoco LP at the same time they elect a board of...
By Lauren Krugel CALGARY — Shares in oil producer Cenovus Energy Inc. jumped more than nine per cent Thursday after it reported quarterly profits that beat market expectations, upped its shareholder payout and sought to reassure investors it can withstand oil prices...
