By Lauren Krugel A judge has declined to hear a challenge to Parkland Corp.’s last-minute decision to delay its shareholder meeting by more than a month so investors can vote on a US$9.1-billion takeover by Sunoco LP at the same time they elect a board of...
By Lauren Krugel CALGARY — Shares in oil producer Cenovus Energy Inc. jumped more than nine per cent Thursday after it reported quarterly profits that beat market expectations, upped its shareholder payout and sought to reassure investors it can withstand oil prices...
CALGARY — Oil and gas giant Canadian Natural Resources Ltd. says it can weather a crude price much lower than where it’s been trading over the past month. West Texas Intermediate, a U.S. benchmark for light oil, has been hovering around the US$60-per-barrel mark...
OTTAWA — The Supreme Court of Canada has dismissed an appeal request that sought to halt construction of a massive rail-and-truck hub in the Greater Toronto Area, paving the way for the project to proceed. The justices gave no reasons for their decision, as is typical...
CALGARY — Pembina Pipeline Corp. has reported higher profits and revenues for the first quarter. Earnings were $502 million for the three months ended March 31, up from $438 million during the same period of 2024. That amounted to 80 cents per diluted share versus 73...
