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AltaGas and Keyera sign deals to work together at Ridley Island and Fort Saskatchewan

CALGARY — AltaGas Ltd. and Keyera Corp. have signed a deal to work together in a plan they say will see more Canadian energy products reach Asian markets. Under the agreement, Keyera has signed a 15-year tolling contract for 12,500 barrels per day of liquefied...

Quebec open to rekindled GNL Québec gas facility project amid U.S. tariff threats

QUÉBEC — The Quebec government says it would be open to reviving a liquefied natural gas project in the Saguenay region to transport Alberta energy overseas, as a way to reduce the country’s reliance on the United States as an export market. Quebec refused to...

Suncor Energy earns $818 million in fourth quarter, upstream production rises

CALGARY — Suncor Energy Inc. says it earned $818 million in the fourth quarter of 2024, down from $2.82 billion a year earlier, as it saw upstream production rise. The Calgary-based oil giant says the earnings worked out to 65 cents per common share, down from $2.18...

‘No victory dances’ in Alberta’s oil and gas sector, but relief over lower tariffs

EDMONTON — With U.S. tariffs on Canadian goods set to begin Tuesday, business groups say even the reduced tariff on Canadian energy will damage economies on both sides of the border. U.S. President Donald Trump signed an executive order Saturday to put a 25 per cent...

Imperial Oil CEO believes company will be ‘resilient’ to potential tariffs from U.S.

By Sammy Hudes The chief executive of Imperial Oil Ltd. says he hopes Canada can avoid potential tariffs from the U.S. on energy products, but believes his company should be well-positioned to withstand the negative effects. Speaking Friday on the company’s...
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