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...
By Amanda Stephenson in Calgary TC Energy Corp. expects to be able to indicate this summer whether it will complete the Coastal GasLink pipeline by its end-of-year target or not. The Calgary-based pipeline company, which has been dogged by unexpected construction...
By Bob Weber Imperial Oil Ltd. has filed a plan for the interim cleanup of one of the largest oilpatch spills in Alberta history but hasn’t released any details on the plan or the two toxic releases at its Kearl oilsands mine. “(The plan) was submitted on...
