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...
LAVAL — Several candidates for the leadership of the Quebec Liberal Party say they’re open to fossil-fuel projects in the province as a means to boost Canada’s energy independence. In Laval, Que. on Saturday, energy development played a central role in a...
