G20 ministers reach agreement on most, but not all, climate issues
“We couldn’t get a consensus but we agreed on a lot,” said Canada’s climate minister Steven Guilbeault at a virtual press conference after the meeting.
Cenovus reports second quarter profits down, lowers upstream production guidance
Cenovus Energy has been able to restore almost all of its output in northwest Alberta it temporarily curtailed due to wildfires in May and June, but the company has still had to lower its overall production guidance for the year because of the blazes.
Precision Drilling reports $26.9 million profit in Q2 as company reduces debt
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.
Imperial Oil profits decline in Q2 driven by lower refining margins, maintenance work
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.
Enbridge, Bad River Indigenous band both appealing Line 5 court ruling in Wisconsin
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...
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