ST. JOHNS – As Newfoundland and Labrador Premier Andrew Furey prepares for energy talks this week with Quebec Premier François Legault, an expert panel is recommending the two strike a new Churchill Falls hydroelectric energy deal. The existing agreement between...
CALGARY — Suncor Energy Inc. has announced Rich Kruger as the company’s new president and CEO. The Calgary-based oil producer and refiner says Kruger will replace interim CEO Kris Smith starting April 3. Kruger worked for Exxon Mobil Corp. for 39 years, leading...
CALGARY — TransAlta Corp. says it will acquire a 50 per cent interest in an early-stage pumped hydro energy storage development project in southwest Alberta. The Calgary company says Montem Resources Limited currently owns the Tent Mountain Renewable Energy Complex...
CALGARY — Suncor Energy Inc. did not announce the name of its new CEO on its fourth-quarter earnings call Wednesday, though interim chief executive Kris Smith said a decision is expected “very soon.” The Calgary-based oil producer and refiner has been on...
CALGARY — Suncor Energy Inc. says it earned $2.74 billion in the fourth quarter of 2022, a 76 per cent increase from the $1.55 billion it earned in the same three months of 2021. The Calgary-based company says its increased profit was due to the higher price of crude...
