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...
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...
