The federal government has released proposed guidelines on what investments should be considered worthy in the fight against climate change. Clarity around what’s considered eligible is meant to increase investment in these areas to help close a climate spending...
CALGARY — Parkland Corp. says it will not go ahead with its plan to build a stand-alone renewable diesel complex at its refinery in Burnaby, B.C. The company says it made the decision as it faced rising project costs, a lack of market certainty around emerging...
CALGARY — Suncor Energy Inc. has signed a deal to sell its offshore assets in the North Sea to Equinor UK Ltd. in an agreement valued at about $1.2 billion. Suncor interim chief executive Kris Smith says the decision to sell the U.K. exploration and production...
CALGARY — Crescent Point Energy Corp. announced a special dividend as it reported a loss in its latest quarter, weighed down by a one-time impairment charge. The company says it will pay a special cash dividend, based on its fourth-quarter results, of 3.2 cents per...
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...
