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...
By Amanda Stephenson in Calgary Canadian Natural Resources Ltd.’s profits more than doubled from a year ago in the first quarter, as surging oil prices pushed the Calgary-based energy company closer to reaching its debt reduction target. On Thursday, CNRL said...
WASHINGTON — Natural Resources Minister Jonathan Wilkinson is doubling down on Canada’s assertion that the continuing operation of the Line 5 pipeline is “non-negotiable.” Wilkinson made the comments in the House of Commons today following media...
OTTAWA — Canada is still working on defining an “inefficient” fossil fuel subsidy, some 13 years after it signed an international agreement to eliminate them and four years since launching a peer review with Argentina to identify what subsidies exist. In...
By Mia Rabson in Ottawa Canada’s big oil companies are making record profits this year and should be using some of that extra cash to invest in things that curb their greenhouse gas emissions, Environment Minister Steven Guilbeault said Thursday. His remarks...
