CALGARY — Imperial Oil Ltd. raised its quarterly dividend as it reported a fourth-quarter profit of $1.23 billion, down from $1.37 billion in the same quarter last year. The company says the profit amounted to $2.37 per diluted share for the quarter ended Dec. 31,...
By Kelly Geraldine Malone WASHINGTON — Experts say U.S. President Donald Trump’s push for the OPEC+ alliance of oil exporting countries to bring down the cost of oil conflicts with the Republican leader’s own plans to make America energy-dominant. Trump...
ST. JOHN’S, N.L. — Norwegian energy giant Equinor has contracted two companies to do preliminary work for the stalled Bay du Nord offshore oil project in Newfoundland and Labrador. BW Offshore, an international company headquartered in Norway, says Equinor hired...
By Michael Tutton Nova Scotia seafood industry representatives voiced concerned Thursday over comments from the premier that he’s open to ending a moratorium on fossil fuel drilling in the rich Georges Bank fishing grounds. Premier Tim Houston said Wednesday the...
WINNIPEG — Manitobans are going to pay a bit more for natural gas as well as propane used for home heating. The province’s Public Utilities Board has approved an increase for natural gas by Centra Gas as of Feb. 1. The board says the annual bill for a typical...
