Constellation is buying power natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country’s biggest power companies. The transaction includes 50 million shares of Constellation stock, $4.5 billion in cash and the...
CALGARY — Total Energy Services Inc. says it is planning $61.9 million in capital spending for 2025. The company says the plan comprises $34.3 million of expansion capital and $27.6 million for equipment maintenance and recertifications. The expansion spending...
ST. JOHN’S, N.L. — Newfoundland and Labrador politicians are digging into the details of the province’s draft energy deal with Quebec as four days of debate begin today in St. John’s, N.L. The province’s Liberal government opened the...
Prime Minister Justin Trudeau announces his resignation as Liberal leader and prime minister outside Rideau Cottage in Ottawa on Monday, Jan.6, 2025. THE CANADIAN PRESS/Sean Kilpatrick CALGARY — Canadian oil and gas stocks climbed Monday on the news of Prime Minister...
The Canadian oilpatch, whom Prime Minister Justin Trudeau made clear he wanted to phase out, collectively let out cries of rejoicing as the announcement came from Ottawa that Trudeau the Younger was resigning. Standing on the steps of Rideau Cottage, where he once led...
Yet again on Jan. 5, wind power in Alberta flatlined, with just 27 megawatts being produced out of a maximum capacity of 5,688 megawatts. That was at 11:53 a.m., according to minute-by-minute data published by the Alberta Electric System Operator (AESO, which can be...
