CALGARY — Cenovus Energy Inc. reported a fourth-quarter loss of $408 million as it took a $1.9-billion one-time non-cash impairment charge related to its U.S. refinery business. The company, which completed its takeover of Husky Energy at the start of last year, says...
WASHINGTON — The federal government is once again urging a Michigan judge to keep Line 5 operating while it works with the United States on negotiating an end to the impasse over the controversial cross−border pipeline. Gordon Giffin, the former U.S. ambassador...
CALGARY — Gasoline prices across Canada shattered an all−time record high on Friday, as crude prices soared above US$90 per barrel and North American refineries worked full throttle to keep up with demand. The national average retail fuel price sat at 151.6 cents per...
CALGARY — The chief executive of Suncor Energy Inc. says the company is adopting mining safety technology for the first time in the oilsands following a recent death and several incidents. The change is among a series of efforts to improve safety at its sites, Mark...
CALGARY — Suncor Energy Inc. says it earned $1.53 billion in the fourth quarter and achieved record adjusted funds fromoperations against the backdrop of soaring oil prices. The Calgary-based oil producer and refiner reported after markets closed on Wednesday that it...
