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Pipeline operator TC Energy sees natural gas deliveries rise as power demand booms

Canadian pipeline operator TC Energy Corp. achieved record deliveries on its natural gas pipeline systems in the first quarter, thanks to booming North American electricity demand. The Calgary-based company said Friday, May 3, its comparable earnings from its Canada,...

Parkland says lots of buyer interest in its fuel, convenience store locations

CALGARY — Fuel retailer Parkland Corp. said Thursday the 157 Canadian fuel and convenience store locations it has put up for sale are generating a great deal of interest from prospective buyers. The Calgary-based company announced earlier this year that it is aiming...

Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per cent

Canadian Natural Resources Ltd. said it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of synthetic crude oil, a 76 per cent hike from the mine’s current capacity of approximately 255,000 barrels per day. The...

Capital Power pulls plug on proposed $2.4B carbon capture and storage project

Edmonton-based Capital Power Corp. says it is no longer pursuing its proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant. The company says it has decided the project is technically viable but not economically feasible....

Parkland Corp. posts first-quarter loss due to Burnaby refinery outage

CALGARY — Fuel retailer Parkland Corp. says it posted a net loss of $5 million in its first quarter as its financial results took a hit due to an unplanned shutdown at its Burnaby refinery. The Calgary-headquartered company says that compares to earnings of $77...
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