Crescent Point Energy Corp. raised its quarterly base dividend by 15 per cent as it reported fourth-quarter net income of $951.2 million compared with a loss of $498.1 million a year earlier. The company said Thursday it will now pay a quarterly base dividend of 11.5...
CALGARY — A hearing panel for Alberta’s energy regulator has upheld two orders against a company that had thousands of inactive oil and gas wells seized last year. The regulator transferred control of more than 6,000 wells, pipeline segments and other facilities...
The company building the Trans Mountain pipeline expansion now estimates the project’s costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. That’s according to a regulatory filing Trans Mountain Corp. provided to the Canada...
Justin Trudeau may not have taken a “walk in the snow,” like his father did 40 years ago on this day, but Dustin Duncan took a walk in rain in front of Parliament Premier Scott Moe posted on X and other social media the morning of Feb. 29, “40...
And reclamation is going to be taken care of from the get-go from now on EDMONTON – Last August, Alberta Premier Danielle Smith shocked the renewable energy industry by imposing a seven-month pause on final approvals for new major renewable energy projects. That...
On Feb. 29, the Alberta government is expected to lift its pause on wind and solar project approvals. For most of Wednesday, Feb. 27, wind power generation in Alberta had flatlined. Out of an installed nameplate capacity of 4,481 megawatts, total...
