Precision Drilling Corp. said it will be closely watching the startup of this country’s first liquefied natural gas export facility after being caught off guard by the dramatic increase in drilling following the opening of the Trans Mountain pipeline...
The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here’s what you need to know. What’s happening with the Canadian dollar? ...
Alberta Premier Danielle Smith says a potential budget deficit next year is not off the table as oil prices sit below what was projected. Smith told reporters Tuesday that although the government’s 2024 budget initially projected a surplus of $367 million when...
Precision Drilling Corp. says it earned $39 million in the third quarter of 2024, nearly double what it earned in the same time period last year. Canada’s largest oil-and-gas drilling rig company says the profit works out to $2.77 per share, compared to the $20...
Premier Danielle Smith says Alberta has applied for a judicial review of Ottawa’s exemption of the carbon levy on home heating oil. At a Tuesday announcement, Smith said it is “blatantly” unfair to Albertans who rely on natural gas to heat their...
