CALGARY — Imperial Oil Ltd. says it expects its capital spending to total $1.4 billion next year. The company says the plan includes the ramp-up of an in-pit tailings project at the Kearl oilsands facility and completion and commissioning of a products pipeline in...
CALGARY — Cenovus Energy Inc. says it has reached a deal to sell its Tucker thermal oilsands project in northeast Alberta for $800 million. The Calgary-based company did not immediately disclose the name of the buyer. Cenovus says the sale will reduce net debt and...
CALGARY — Parkland Corp. says it is ramping up processing at its B.C. refinery following the restart of the Trans Mountain pipeline. Calgary-based Parkland paused processing operations at its Burnaby refinery from Nov. 22 to Dec. 10 due to a lack of crude oil supply...
Trans Mountain’s chief operating officer says the pipeline will likely return to full capacity in late January at “the earliest” as work continues after flood fallout that will cost tens of millions of dollars. The January estimate falls more than a month after the...
VICTORIA — The British Columbia government is lifting a restriction on gasoline for the general public that was put in place after flooding and landslides cut off supply. Public Safety Minister Mike Farnworth said the 30-litre limit per visit to the pumps proved...
