CALGARY — Suncor Energy Inc. has signed a deal to sell its offshore assets in the North Sea to Equinor UK Ltd. in an agreement valued at about $1.2 billion. Suncor interim chief executive Kris Smith says the decision to sell the U.K. exploration and production...
CALGARY — Crescent Point Energy Corp. announced a special dividend as it reported a loss in its latest quarter, weighed down by a one-time impairment charge. The company says it will pay a special cash dividend, based on its fourth-quarter results, of 3.2 cents per...
CALGARY — A U.S. Gulf Coast gas storage facility and a stake in a company developing fuel from waste food are among a string of new investments announced by Canadian energy giant Enbridge Inc. on Wednesday. At its annual investor day event, the Calgary-based company...
By Dean Bennett in Edmonton, Alberta, Canada Alberta is predicting a $2.4-billion budget surplus for its petro-powered economy this year, with plans to take a big bite out of its debt and put up guardrails to prevent eye-popping deficits when oil booms go bust....
By Bob Weber in Edmonton Alberta Premier Danielle Smith’s last budget before an expected spring election gives strong support to a proposed tax break for energy companies to fulfil their legal cleanup duties but doesn’t tell voters how much would be spent...
