Heavy spring flooding has made Line 5 an “imminent threat” to Lake Superior and a key Indigenous watershed, lawyers argued Tuesday in an emergency motion to shut down the controversial cross-border pipeline. Lawyers for the Bad River Band of the Lake...
By Amanda Stephenson in Calgary The new top boss at Suncor Energy Inc. says he will be sharply focused on cost-cutting as he embarks on the task of improving performance at the oilsands giant. Rich Kruger, who took over as Suncor’s new CEO on April 3, pledged...
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...
