CALGARY — Enbridge Inc. raised its quarterly dividend as it announced the approval of $1.1 billion in new capital projects. The pipeline company said Tuesday it will now pay a quarterly dividend of 86 cents per share, up from 83.5 cents. Enbridge also said it plans to...
The Trans Mountain pipeline has restarted following a three-week precautionary shutdown during a series of storms that battered southern British Columbia, causing extensive flooding and landslides. Trans Mountain Corp. says in a statement the pipeline was safely...
CALGARY — Canadian oil and gas companies have been hesitant to loosen the purse strings in spite of this fall’s commodity price boom, and the arrival of the new Omicron COVID−19 variant may help to explain why. Benchmark West Texas Intermediate crude closed at...
CALGARY — The restart of the Trans Mountain pipeline is “only a few days away,” according to the company working to get the critical piece of infrastructure back up and running ever since a precautionary shutdown on Nov. 14 due to flooding and extreme...
CALGARY — Alberta’s oil and gas regulator has rolled out new rules aimed at addressing the growing problem of inactive and abandoned wells in the province, but critics say the industry should be forced to do even more to clean up after itself. The Alberta Energy...
