CALGARY — Tourmaline Oil Corp. reported record cash flow and net earnings of $361.1 million in the third quarter of 2021. The Calgary-based company says it earned $1.10 per diluted share in the quarter, compared with $4.8 million or two cents per diluted share in the...
EDMONTON — The province with Canada’s largest oil and gas industry has sent one of the country’s smallest delegations to the international climate conference, where emissions from that industry are under scrutiny. A preliminary list of the Canadian...
CALGARY — Calfrac Well Services Ltd. reported a loss in its latest quarter as its revenue more than doubled compared with a year ago. The oilfield services company says it lost $1.5 million or four cents per diluted share for the quarter ended Sept. 30, compared with...
EDMONTON — Alberta politicians are warning the federal Liberal government that caps on greenhouse gas emissions from oil and gas will have to be set in consultation with the province. Both Premier Jason Kenney and New Democrat Opposition Leader Rachel Notley say...
CALGARY — The chief executive of a Calgary-based energy company says a federally imposed cap on emissions from the oil and gas sector is reckless and dangerous. At the UN climate conference in Scotland on Monday, Prime Minister Justin Trudeau formally committed to...