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...
CALGARY — Baytex Energy Corp. has signed a deal to buy U.S. company Ranger Oil Corp. in a deal valued at C$3.4 billion, including assumed debt. Ranger Oil operates in the Eagle Ford shale region in south Texas, an area where Baytex also has assets. Under the terms of...
By Dean Bennett in Edmonton, Alberta, Canada EDMONTON — Alberta is scheduled to introduce its budget Tuesday — the last before a spring provincial election — with political observers wondering what the province will do with all its billions of extra petrodollars. “Any...
