Edmonton-based Capital Power Corp. says it is no longer pursuing its proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant. The company says it has decided the project is technically viable but not economically feasible....
CALGARY — Fuel retailer Parkland Corp. says it posted a net loss of $5 million in its first quarter as its financial results took a hit due to an unplanned shutdown at its Burnaby refinery. The Calgary-headquartered company says that compares to earnings of $77...
CALGARY — Cenovus Energy Inc. raised its dividend as it reported a first-quarter profit of $1.18 billion, up from $636 million a year ago. The company says it will now pay a quarterly base dividend of 18 cents per share, up from 14 cents per share. Cenovus also...
Canada’s energy sector as well as the country’s main oil-producing province celebrated Wednesday as the long-awaited $34-billion Trans Mountain pipeline expansion officially came online. Crown corporation Trans Mountain Corp. issued a statement Wednesday...
The long-awaited Trans Mountain pipeline expansion is complete and the Canada Energy Regulator has given the go-ahead for the project to open. The regulator said Tuesday it has approved the last remaining “leave to open” applications submitted...
