Meg Energy Corp. says it earned $98 million in its first quarter, up from $81 million during the same quarter last year. Meg Energy CEO Darlene Gates says the additional pipeline capacity from the start-up of the Trans Mountain expansion is expected to narrow...
A major Alberta utility has cancelled a large wind power project in response to new government rules on where such developments can be built. TransAlta CEO John Kousinioris said Friday the 300-megawatt Riplinger project near Cardston in southern Alberta will no longer...
Canadian pipeline operator TC Energy Corp. achieved record deliveries on its natural gas pipeline systems in the first quarter, thanks to booming North American electricity demand. The Calgary-based company said Friday, May 3, its comparable earnings from its Canada,...
CALGARY — Fuel retailer Parkland Corp. said Thursday the 157 Canadian fuel and convenience store locations it has put up for sale are generating a great deal of interest from prospective buyers. The Calgary-based company announced earlier this year that it is aiming...
Canadian Natural Resources Ltd. said it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of synthetic crude oil, a 76 per cent hike from the mine’s current capacity of approximately 255,000 barrels per day. The...