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Energy security issues come to forefront for oil and gas sector amid war in Ukraine

  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...

NEWS: Teck Resources reports nearly $1.49B Q4 profit compared with loss a year ago

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...

NEWS: Baytex earns $563 million in fourth quarter, announces share buyback program

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...

NEWS: Airlines, industry join together to spur sustainable jet fuel growth in Canada

The group’s members also include airports, research institutions, and jet fuel producers and refiners. Geoff Tauvette, executive director of C-SAF, said the organization’s mission is to develop targets and a strategy for a made-in-Canada sustainable...

NEWS: Alberta aiming to double private surgeries in public health-care system

  EDMONTON — Alberta Premier Jason Kenney says the spring sitting of the legislature will focus on health care and a plan to double the number of surgeries done in private facilities. Kenney says the aim is to boost the number of private operations to 30 per cent...
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