CALGARY — TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company. The new company, which will be headquartered in Calgary with an office in Houston, will be led by Bevin Wirzba, formerly the executive...
CALGARY — Tourmaline Oil Corp. says it has signed a $278.2-million deal with Topaz Energy Corp. giving Topaz a gross overriding royalty interest in recently acquired lands in Alberta and B.C. The deal will see Topaz acquire royalty interests over approximately three...
COCHRANE, Alta. — An explosion at an energy site northwest of Calgary has injured five workers, and RCMP say the resulting fire could burn for days. Cpl. Gina Slaney said the five were part of a crew that was drilling on a lease site at a field north of Cochrane,...
The Manitoba government is extending the provincial fuel-tax holiday until the end of the year. It’s the second time the government has extended the temporary tax break since introducing it in January. The suspension of the 14-cents-a-litre tax was set to...
Suncor Energy has been fined $90,000 after pleading guilty to two charges stemming from a worker injury in 2019 aboard its production vessel in an oilfield off the coast of Newfoundland. In a news release Thursday, the province’s offshore oil regular said...
