Enbridge says federal support for oil and gas not yet clear

The head of Enbridge Inc. says he’s encouraged by conversations in both Canada and the U.S. on building more energy infrastructure, but that it remains to be seen what concrete action will result at home. “I’m optimistic about our ongoing...

MEG Energy reports $67M in Q2 profit, down from last year

CALGARY — Oilsands producer MEG Energy Corp. says its profits fell during the second quarter compared with a year earlier. Net earnings for the quarter came in at $67 million, or 26 cents per diluted share, compared with $136 million, or 50 cents per diluted share,...