CALGARY — Precision Drilling Corp. reported a second-quarter profit of $26.9 million, reversing a $24.6 million loss from a year earlier as the company says it has reduced its total debt by $100 million since the beginning of the year. The Calgary-based contract...
CALGARY — Imperial Oil Ltd. reported it earned $675 million in its second quarter, down from $2.41 billion in the same quarter a year earlier, driven by lower refining margins and planned maintenance work. The company says its profit amounted to $1.15 per diluted...
The two sides in an enduring dispute over the cross-border Line 5 pipeline in Wisconsin are girding for battle again, this time in the U.S. Court of Appeals. The Bad River Band of the Lake Superior Chippewa filed a notice of appeal Friday indicating they are...
CALGARY — TC Energy Corp. remains on track to complete the Coastal GasLink pipeline by the end of this year without another escalation in construction costs, the Calgary-based company said Friday. The update is welcome one for TC Energy, which has been under...
Oilsands giant Suncor says reopening the debate over mining an ecologically valuable wetland would play into the hands of industry opponents and upset Alberta’s energy development. In April, the Alberta Energy Regulator decided to reconsider approvals it granted...
CALGARY – TC Energy is spinning off its liquids pipelines, principally its Keystone/Marketlink system, into a separate, yet to be named company. The move comes 18 years after the natural gas pipeline giant decided to get into oil pipelines, and this spinoff...
