Crescent Point Energy Corp. reported its second-quarter profit fell by 36 per cent year-over-year as global oil prices declined from 2022’s dramatic peaks. The Calgary-based company said Wednesday it earned $212.3 million in the three-month period ended June 30,...
A coalition of grassroots groups says Canada won’t meet the Sustainable Development Goals it is trying to attain by 2030 as part of a United Nations initiative to bridge inequities around the world. “Various issues continue to hinder progress toward a...
New research using the latest figures for Canada’s methane emissions concludes it would be much cheaper for the energy industry to meet reduction targets for the potent greenhouse gas than it would be to pay carbon taxes on it. “The federal...
Canada must build more electricity generation in the next 25 years than it has over the last century in order to support a net-zero emissions economy by 2050, according to a new report from the Public Policy Forum. Reducing our reliance on fossil fuels and shifting to...
PrairieSky Royalty Ltd. says its net earnings for the second quarter were $48 million, down from $110.1 million a year earlier. The Calgary-based company says it saw record quarterly average oil royalty production of 12,607 barrels per day. PrairieSky’s revenues...
