By Amanda Stephenson in Calgary Indigenous-led groups remain committed to pursuing ownership of the Trans Mountain pipeline, even as cost overruns for the pipeline expansion project soar. Last month, the federal Crown corporation that owns the pipeline revealed...
CALGARY – Vermilion Energy Inc. reported a fourth-quarter profit of $344.6 million compared with a loss of $57.7 million a year earlier, helped by higher oil and natural gas prices. The energy company, which suspended its dividend at the start of the COVID-19...
ST JOHN’S – Newfoundland and Labrador will have to wait another 40 days for a federal decision on the fate of a proposed offshore oil project led by Norwegian oil giant Equinor. Ottawa said Friday in a news release that federal Environment Minister...
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...
