CALGARY — TC Energy Corp. raised its dividend as it reported a fourth-quarter profit of $1.1 billion. The pipeline company says it will now pay a quarterly dividend of 90 cents per share, up from 87 cents per share. The increased payment to shareholders came as TC...
CALGARY — Enbridge Inc. expects to settle on a new tolling plan for its Mainline pipeline system this summer, the Calgary−based company said Friday. The pipeline giant said it is consulting with industry about two potential options after its proposal to fill Canada’s...
CALGARY — Precision Drilling Corp. says it lost $27.3 million in the fourth quarter of 2021 compared with a loss of $37.5 million a year earlier as its revenue rose 46 per cent. The company says the loss for the quarter ended Dec. 31 was $2.05 per diluted share...
The proposed Keystone XL pipeline had been the subject of a decade-plus battle that pitted the energy industry against environmentalists. Biden revoked the permit for Keystone XL shortly after his inauguration last year. Calgary-based TC Energy, the company behind the...
CALGARY — Cenovus Energy Inc. will continue to keep a tight rein on capital spending even as crude prices surge to eight−year highs, the CEO of the Calgary−based oil producer said Tuesday. In a conference call with analysts, chief executive Alex Pourbaix said the...
