CALGARY — Enbridge Inc. has signed a deal to buy a large underground natural gas storage facility in B.C. for $400 million. Under the agreement with FortisBC Holdings Inc., Enbridge will acquire the company’s interest in FortisBC Midstream Inc., which holds a...
By Amanda Stephenson in Calgary TC Energy Corp. said it’s on track to complete its previously announced plan to sell off $5 billion in assets by the end of the year, though the Calgary-based pipeline company declined to provide specifics on which assets are on...
French company TotalEnergies says it has signed a deal to sell its Canadian operations to Suncor Energy Inc. in an agreement worth up to $6.1 billion. Under the deal, Suncor will pay $5.5 billion in cash, plus up to an additional $600 million that is conditional on...
CALGARY — Precision Drilling Corp. reported a first-quarter profit compared with a loss a year ago as its revenue rose nearly 60 per cent, helped by stronger drilling activity and price increases in the U.S. and Canada. The oilfield services company says it earned...
By Dylan Robertson in Ottawa Democracies like Canada can be “reliable suppliers” of goods that espouse both environmental sustainability and the rule of law, Prime Minister Justin Trudeau said Monday. Trudeau spent the day at various events...
