Parkland Fuel

• Parkland rejects activist investor’s call to sell or spin off Burnaby refinery

  U.S.-based Engine Capital LP has been calling on Parkland to consider selling or spinning off its Burnaby refinery in order to become a pure-play fuel marketer and retailer.

  Canada

  May 4, 2023
  
• Following unaddressed concerns, activist investor puts more pressure on Parkland Fuel

  Parkland, which has not yet publicly responded to Engine's latest tactic, is set to hold its annual general meeting on May 4.

  Economy

  Apr 20, 2023
  
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• Parkland Corp. announces $600-million expansion of B.C. refinery to cut back on emissions

  The $600-million expansion project's renewable fuels will have one-eighth of the carbon intensity of convention fuels, according to Parkland Corp.

  Environment

  May 9, 2022
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• Calgary-based Parkland Fuel sees $79 million loss in first quarter on higher revenues

  Parkland Fuel Corp. says it saw a $79-million loss in the first quarter.

  Canada

  May 7, 2020
• Calgary-based Parkland Fuel cuts $300M from budget to deal with COVID 19 impact

  Parkland Fuel is cutting its 2020 capital spending budget by 52 per cent and trimming executive salaries in response to the uncertain economic impact of the novel coronavirus.

  Canada

  Mar 30, 2020
• WorkSafeBC issues $116K fine for 2017 fatal gasoline explosion in West Kelowna

  The report said a man died from his injuries when flammable vapours ignited, with the ignition source likely being an electrostatic discharge.

  Mar 7, 2020
• Parkland Fuel CEO links Alberta oil curtailments to lower refinery margins

  His comments echo complaints by major producers with refining assets which have all said the Alberta curtailment program is an unwanted intervention in the marketplace.

  Canada

  Mar 1, 2019
• Energy shippers trepidatious about Alberta plan to control oil and gas exports

  Parkland Fuel spokeswoman Annie Cuerrier says that any action that restricts the supply of oil to British Columbia would be negative for the economies of both B.C. and Alberta. 

  Canada

  Apr 16, 2018
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• Number of gas stations in Canada grew in 2016

  The number of gasoline stations in Canada grew for the second consecutive year in 2016 after a 10-year decline that resulted in the loss of one in five outlets.

  Economy

  May 16, 2017