CALGARY — Parkland Corp. says its second-quarter net earnings were up as the fuel refiner prepares for a takeover by U.S. company Sunoco LP. The Calgary-based company says net earnings for the period ending June 30 were $172 million, up from $70 million a year ago....
CALGARY — Suncor Energy Inc. says its second-quarter earnings were down from last year, largely on lower oil prices, as it also revised down its expected capital spending for the year. The oilsands producer says it had a net income of $1.13 billion for the quarter...
By Sammy Hudes Cenovus Energy Inc. says it is “cautiously optimistic” about the federal government’s commitment to building new projects that aim to spearhead economic growth, but the company hopes to see Ottawa clear obstacles that lie in the...
By Daniel Johnson CALGARY — The chief executive of Imperial Oil Ltd. says he is encouraged by discussions with the federal government regarding support for industry projects, as the company reported second-quarter results. “When I think broadly about the...
The head of Enbridge Inc. says he’s encouraged by conversations in both Canada and the U.S. on building more energy infrastructure, but that it remains to be seen what concrete action will result at home. “I’m optimistic about our ongoing...