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...
Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company’s board Sept. 1. The Crown corporation, which operates Canada’s only crude oil pipeline system from Alberta to the West Coast, says current board chair Bill Downe is retiring after...
By Amanda Stephenson With the sale of its coal business now firmly in the rear-view mirror, Canadian miner Teck Resources Ltd. marked its transition to a pure-play metals company by achieving record copper production in its second quarter. The Vancouver-based...
