By Christopher Reynolds in Montreal The price of gasoline has topped $2 a litre in British Columbia as Canadians continue to see eye-popping numbers at the pump this week, spurred upward by Russia’s invasion of Ukraine. The retail price of gas across the...
Canadian Natural Resources Ltd. raised its quarterly dividend by 28 per cent Thursday, as it reported surging fourth-quarter profits against the backdrop of a commodity boom. In a conference call with analysts, CNRL management acknowledged the company is in an...
The war in Ukraine is being used as a case study by those on either side of the debate over fossil fuel production in Canada. Russia’s invasion of a sovereign European nation has had wide-ranging energy implications, and is now being used as ammunition...
VANCOUVER – Teck Resources Ltd. says it remains committed to rebalancing its portfolio toward less carbon-intensive resources even though soaring prices for steelmaking coal helped push the miner to a record fourth-quarter profit. Surging global commodity prices...
CALGARY — Baytex Energy Corp. says it earned $563 million and continued to pay down debt in the fourth quarter of 2021 against the backdrop of surging oil and gas prices. The Calgary-based company says its earnings increased to $1 per share, up from $32.7 million or...
