By Amanda Stephenson CALGARY — Cenovus Energy Inc.’s West White Rose project off the coast of Newfoundland has reached a major milestone with the completed refurbishment of the massive vessel that will operate in the expanded offshore oilfield. The...
The federal government says Alberta Premier Danielle Smith’s application for a judicial review of Ottawa’s carbon levy is nothing more than political posturing. Environment Minister Steven Guilbeault and Justice Minister Arif Virani say it’s disappointing,...
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...