TC Energy Corp. is eyeing the rapid proliferation of data centres in North America as a business opportunity. The Calgary-based pipeline company said Thursday it is uniquely poised to capitalize on the rapid expansion of electricity-hungry data centres, which are...
The CEO of Cenovus Energy Inc. said the company’s recent debt repayment milestone will not mean changes to its near-term strategy. Jon McKenzie said on a conference call Thursday that market-watchers should not expect the Calgary-based oil company to embark on a...
Canada’s largest oil and gas producer is postponing the start of production from some of its planned new natural gas wells due to persistent low prices. Canadian Natural Resources Ltd. said Thursday about 20 of its remaining planned 2024 natural gas wells will...
CALGARY — Canada’s largest drilling rig contracting company has seen such surprising growth in customer demand after the opening of the Trans Mountain pipeline expansion that its CEO believes a rig shortage could be possible by next year. Precision Drilling...
Six clean electrical energy projects in Nova Scotia are receiving more than $192 million in federal funding as the province pushes to get off coal by 2030. Federal Energy Minister Jonathan Wilkinson announced the investment on Tuesday at the Halifax headquarters...
