CALGARY — Canadian Natural Resources Ltd. (CNRL) says it has reached a deal to acquire Calgary-based oil and gas explorer Storm Resources Ltd. for $6.28 per share, a price that pegs Storm’s enterprise value at $960 million. The purchase price represents an...
OTTAWA — Canada’s environment minister fended off accusations Friday that UN climate negotiators are resorting to “weasel words” on addressing fossil fuel subsidies. As United Nations negotiators wrestled over a final text in the closing hours of the...
CALGARY — Shell Canada and its North American solar platform Silicon Ranch have announced plans to build a 58-megawatt solar farm adjacent to Shell’s Scotford refinery and chemicals park near Edmonton. The solar farm will be the first in Canada to be built, owned and...
CALGARY — Vermilion Energy Inc. says it plans to reinstate its dividend in the first quarter of 2022 even though its net loss more than doubled in its latest quarter despite a big increase in revenues. The oil and gas producer says the payout, subject to final board...
WASHINGTON — Planning is “well underway” for bilateral treaty talks between Canada and the United States in the dispute over the Line 5 pipeline, with formal negotiations expected to begin “shortly,” the federal government says in new court documents. A proposed...
