Oil sector
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Suncor’s strong earnings may not be enough to fend off shareholder pressure: expertsSuncor now has strong first quarter earnings in its arsenal and a publicized plan to improve worker safety, but some say it won't be enough to fend off an activist investor.MoneyMay 10
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Suncor’s safety record in spotlight as activist investor calls for changeA string of fatalities at Suncor Energy Inc. has caught the attention of investors who view workplace safety breaches as a warning sign of deeper problems within a company.CanadaMay 2
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Husky Oil fined $600K for releasing harmful substance into Saskatchewan waterwayHusky Oil has been fined $600,000 for releasing a harmful substance into a river in Saskatchewan.EnvironmentApr 29
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Crescent Point Energy reports $121M Q4 profit on strong Kaybob Duvernay resultCrescent Point Energy Corp. reported strong results from its recently acquired Kaybob Duvernay assets in Alberta, along with soaring profits helped by higher oil and gas prices.MoneyMar 3
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Canadian Natural Resources reports Q4 profit up, raises quarterly dividendCanadian Natural Resources Ltd. is not betting the bank on a sustained oil price boom, even as Russia's invasion of Ukraine has sent benchmark crude soaring this week.MoneyMar 3
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Town of Drayton Valley busy with energy work once againThe western Alberta town of Drayton Valley had to endure a few brutal years, confronted with the double whammy of slumping oil prices and the COVID-19 pandemic.EconomyFeb 23
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Enbridge to settle on new Mainline tolling plan by summer: CEOEnbridge Inc. expects to settle on a new tolling plan for its Mainline pipeline system this summer, the Calgary-based company said Friday.MoneyFeb 11
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Cenovus Energy CEO says current high oil prices can’t be banked on moving forwardCenovus Energy Inc. will continue to keep a tight rein on capital spending even as crude prices surge to eight-year highs, the CEO of the Calgary-based oil producer said Tuesday.EconomyFeb 9
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Imperial Oil to market Montney, Duvernay assets in AlbertaImperial Oil Ltd. says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay oil and gas-producing areas of central Alberta.MoneyJan 12
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Canadian Natural Resources expects to increase capital spending for 2022Canadian Natural Resources Ltd. says it expects about $4.3 billion in capital spending this year, up from nearly $3.5 billion in 2021.MoneyJan 11
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