HALIFAX – Environment and Climate Change Canada says it’s still waiting for draft proposals from most provinces on administering a $250-million home heating assistance program announced six weeks ago. The four-year program that includes about $120 million for...
By Amanda Stephenson in Calgary Increased activity in the North American oil and gas sector helped Calgary-based Precision Drilling Corp. return to profitability during the third quarter of 2022, even as the drilling and service sector as a whole struggles with...
CALGARY – If you were to ask someone what two technologies resulted in Saskatchewan’s “Bakken Boom,” the answers would surely be horizontal drilling and multi-stage fracking. Occasionally more legs, but especially more frac stages, were key. It now appears that...
CALGARY — Suncor Energy Inc. will buy out Teck Resources Ltd.’s 21.3 per cent stake in the Fort Hills oilsands project for approximately $1 billion, the two companies announced late Wednesday. The 194,000 barrel-per-day capacity oilsands mine north of Fort...
By Amanda Stephenson in Calgary Crescent Point Energy Corp. announced a special dividend for shareholders Wednesday, as continued high oil prices helped the Calgary-based oil and gas company deliver a five-fold increase in profits in its third quarter. Crescent Point,...
Carbon offset credits from farming to be implemented, reducing other sectors carbon burden REGINA – The Saskatchewan First Act, a made-in Saskatchewan carbon offset credit program, continuing work on small modular reactors and development of substantially more...
