CALGARY — Pembina Pipeline Corp. says its subsidiary Pembina Gas Infrastructure Inc. (PGI) has completed its previously announced acquisition of a 50 per cent stake in Whitecap Resources Inc.’s Kaybob complex natural gas processing facility. The $420 million...
The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen. The new rules drew cautious praise from environmental groups, who said they would likely reduce planet-warming...
CALGARY — Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion. The Calgary-based company says the transaction marks a “significant step forward” in increasing operational scale in...
By Steve Lambert, The Canadian Press WINNIPEG — The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate. The government temporarily suspended the 14-cents-a-litre tax on gasoline and diesel at the beginning of 2024 as...
CALGARY — Vermilion Energy Inc. raised its dividend as it outlined a capital spending plan of $600 million to $625 million for 2025. The company says it will pay a quarterly dividend of 13 cents per share, up a penny from 12 cents per share. Vermilion says its capital...
