By Amanda Stephenson in Calgary The man hired to turn around the flagging fortunes of Suncor Energy Inc. said Tuesday he believes the company has been too focused in recent years on the energy transition and must get back to an oil-centred business strategy. CEO Rich...
New Democrats in two Western provinces are split over the Liberal government’s goal of a net-zero electricity grid by 2035, with the federal party now saying it supports that timeline. Federal Environment Minister Steven Guilbeault released draft regulations...
Alberta Premier Danielle Smith offered up conflicting explanations Monday for why her government put a temporary ban on large wind and solar energy projects. Smith said the seven-month pause on renewables started because the Alberta Utilities Commission and the...
Suncor Energy Inc. says it earned $1.88 billion in the second quarter of 2023, down from approximately $4 billion in the same period last year when oil prices were higher. The Calgary-based energy giant says it took a $275-million restructuring charge in the quarter...
By Stéphane Blais in Montreal Quebec Energy Minister Pierre Fitzgibbon said Monday he agrees with Hydro-Québec’s decision to study a possible reopening of the province’s only nuclear power plant. Fitzgibbon was reacting to last week’s news that the...
