Cenovus encouraged by talks with Carney government but says regulatory hurdles remain
Cenovus Energy Inc. says it is “cautiously optimistic” about the federal government’s commitment to building new projects that aim to spearhead economic growth, but the company hopes to see Ottawa clear obstacles that lie in the way for the energy sector.
Imperial Oil optimistic about major project talks with federal government
Imperial Oil Ltd. says its net income came in at $949 million during the second quarter, down from $1.13 billion a year earlier.
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.
MEG Energy reports $67M in Q2 profit, down from last year
Oilsands producer MEG Energy Corp. says its profits fell during the second quarter compared with a year earlier.
BREAKING: SaskPower buys land on Rafferty Reservoir for possible nuclear reactors
While SaskPower has not yet chosen a site for a prospective nuclear power plant, it has purchased land along the north shore of Rafferty Reservoir, also known as McDonald Lake, just in case it is needed.
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