Parkland Corp. reports second-quarter earnings up ahead of Sunoco takeover
CALGARY — Parkland Corp. says its second-quarter net earnings were up as the fuel refiner prepares for a takeover by U.S. company Sunoco LP.
Suncor reports $1.13 billion Q2 net income, revises down spending estimate
CALGARY — Suncor Energy Inc. says its second-quarter earnings were down from last year, largely on lower oil prices, as it also revised down its expected capital spending for the year.
Lithium in SK, Part 36: Arizona Lithium to use Long Creek Rail for product shipment
One of the key considerations for the development of Saskatchewan’s nascent lithium industry is how with the product, produced on the Canadian prairie, make it to market? One piece of that puzzle seems to have been solved by Arizona Lithium, which has drilled three production pads in the Torquay area.
Jim Warren: Elections Have Consequences
The results of the 2025 federal election underlined the critical role electoral politics plays in determining the fortunes of Western Canada’s conventional energy sector.
Nova Scotia designates offshore areas for wind development in “Wind West” scheme
For context, in this release Nova Scotia is talking about up to five gigawatts of nameplate power generation. That’s 5,000 megawatts. The entire SaskPower grid has a nameplate capacity of 5,973 megawatts, although the record it has ever produced was 3,910 megawatts. Nova Scotia is effectively proposing building the equivalent of almost the entire Saskatchewan grid with wind.
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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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Cenovus reports Rush Lake blowout now under control
Cenovus Energy reported on July 31 that it had finally brought its Rush Lake blowout under control. The initial blowout began on May 9.
Capital Power still waiting for Alberta data centre powering opportunity
Capital Power Corp. says it’s holding out for an opportunity to power a large-scale data centre at its Genesee Generating Station, but Alberta’s grid operator is not currently making enough electrical connection capacity available for the size of project it’s chasing.
Precision Drilling boosts capital spending as outlook improves
Precision Drilling Corp. says the outlook for its business is improving enough for it to reverse cuts to its capital spending program it had made amid economic uncertainty earlier this year — and further increase it.
‘Canada will win’ race to bring LNG to Asian markets, B.C. Premier David Eby says
KITAMAAT VILLAGE — British Columbia Premier David Eby says Canadian values will help the country "win this race" to deliver liquefied natural gas to Asian markets, even as U.S. President Donald Trump sets his sights on developing the industry in...
Op-Ed: Dr. Chris Keefer: The fatal flaw of the Westinghouse Electric Company eVinci microreactor isn’t its costly fuel, it’s the back end logistics
It’s the back end of the fuel cycle where the business case collapses.
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Coal Revival: Estevan Mayor Tony Sernick can sleep better now, after expectations city would become a ghost town
When the announcement that coal, Estevan’s primary business, was not going away in 2030, Estevan Mayor Tony Sernick had one of the best sleeps he’d had in a long time.
“I had the best sleep probably in January, when I got introduced to the idea, right? And then, yeah, the other night, I slept like a baby. There’s no doubt about that.”
Brian Zinchuk: What if we could do Energy East Mark 2, but without Quebec or New Brunswick?
The reality is these costly projects are being considered because Quebec refuses to play nice. As Premier Moe recently said on June 17, “I’m done with that conversation.”
As all the pieces start coming into place, one can start to figure out why Moe can finally say that. And that’s why Saskatchewan signed onto the MOU.
Cenovus floated as potential competing bidder for hostile takeover target MEG Energy
Oilsands giant Cenovus Energy Corp. has been cited by industry watchers as one of the potential competing bidders for MEG Energy Corp., which has spurned an unsolicited offer from Strathcona Resources Ltd. and launched a formal review of alternative options.
Coal Revival: A video of Westmoreland’s Poplar River Mine in action
The timing couldn’t be better for this video, put together by Mack Plovie of Earthmovers Media.
Earlier this year he shot a series of videos for Westmoreland Mining at their Estevan and Poplar River mines.
Coal Revival: The spinoffs to local businesses will be felt
For Bernie Bjorndalen and Southern Bolt Supply, the coal-fired power industry accounts for about 20 per cent of his business.
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Digging deep into the talk about shipping oil from Hudson Bay/James Bay and this week’s announcements
If you haven’t been following closely, it would be easy to get confused about the flurry of announcements and projects involving exporting products, including oil, from ports on Hudson Bay. In recent days and weeks there has been discussion of not one, but three possible export ports on Hudson Bay and James Bay (the southernmost appendage of Hudson Bay).
Michael Zwaagstra: Time to scrap the federal EV mandate
I have known Michael Zwaagstra for 33 years. He is one of my closest friends and more importantly among the smartest men I know. He has been writing advanced policy pieces in the education sphere since 1997. He is a senior fellow with not one but two policy think tanks, the Frontier Centre for Public Policy and the Fraser Institute. His first book, What’s Wrong With Our Schools and How Can We Fix Them, is a blueprint for fixing our messed up school system. Indeed, when Bronwyn Eyre was Saskatchewan Minister of Education, she had worked on trying to address those very issues using Zwaagstra’s book for guidance.
Enbridge to invest US$900 million on solar project supporting Meta’s data centres
CALGARY — Enbridge Inc. says it will invest US$900 million on a 600-megawatt solar project that will support Meta Platforms, Inc.’s data centre operations.
Environmental group seeks ethics investigation into Alberta Premier Smith adviser
Environmental lawyers are asking Alberta’s ethics commissioner to investigate an energy regulator board member and adviser to Premier Danielle Smith for conflicts of interest.
B.C. Coastal First Nations issue open letter to Carney opposing suggested pipeline
VANCOUVER — Coastal First Nations in British Columbia have issued an open letter to Prime Minister Mark Carney, asking him to reject any new proposal for a crude oil pipeline to the northwest coast.