CALGARY — Suncor Energy Inc. says it earned a net profit of $877 million in its latest quarter as it continued to pay down debt and ramp up production in the wake of higher oil prices. The Calgary-based oil producer and refiner reported after markets closed on...
TORONTO — The University of Toronto says it will sell off all fossil fuel investments in its $4 billion endowment fund by the end of 2030 and target a net-zero portfolio by 2050 to help fight climate change. The commitment includes divesting from all direct...
VICTORIA — British Columbia has introduced a plan to reach its legislated target to reduce greenhouse gas emissions by 2030 with initiatives like slashing the number of kilometres driven and boosting the carbon tax. The new plan sets a target of 10,000 public electric...
CALGARY — The Alberta Energy Regulator has laid charges against Tidewater Midstream and Infrastructure Ltd. for a release of acidic water in west-central Alberta. The regulator says the release occurred in Oct. 2019 at Tidewater’s Ram River sour gas processing...
HALIFAX — An Alberta energy company has abandoned its plan to create huge salt caverns north of Halifax to store natural gas. AltaGas announced today it will decommission the Alton Natural Gas Storage Project near Stewiacke, N.S., because the company has shifted its...
