Canadian Natural Resources Ltd. saw its profits in the first quarter decline 41 per cent year-over-year as oil prices weakened. The Calgary-based company, which is Canada’s largest oil and gas producer by market capitalization and a darling of the...
CALGARY — Parkland Fuel Corp. said Thursday its Burnaby, B.C. refinery is not for sale, even in the face of pressure from an activist investor. The Calgary-based fuel retailer and convenience store operator has been the subject of a campaign by U.S.-based Engine...
TORONTO — Loblaw Companies Ltd. says it has reached a deal with TC Energy that will see the grocer’s operations in Alberta powered entirely by wind, sun and water. The retailer says the arrangement is a first of its kind in Canada, providing its 280 supermarket...
Enbridge Inc. says it has reached a deal with shippers for tolling on its Mainline pipeline system, which moves over three million barrels a day of crude oil and liquids from Western Canada. The announcement Thursday is a major milestone for the Calgary-based...
By Amanda Stephenson in Calgary The approvals process for major projects in Canada continues to be slow and cumbersome under revamped environmental assessment legislation, according to a new report. The report, released Monday by the Canada West Foundation — a...
