Cenovus Q4 Earnings Beat Expectations on MEG Acquisition
Cenovus Energy Inc. reported a sharp rise in fourth-quarter profit, driven by increased oilsands production from its MEG Energy acquisition, beating analyst forecasts.
Category : Energy Sector
Teck's Earnings Jump on Copper Price Surge
Teck Resources Ltd. reported a significant increase in quarterly earnings, driven by soaring copper prices and higher revenue from byproducts. The company reaffirmed production guidance for its Quebrada Blanca mine.
Alberta's Pipeline Dream: Political Charade Masks Industry Disinterest
Despite a federal-provincial agreement, industry shows little interest in new oil pipelines, with political posturing potentially fueling Alberta separatist sentiment ahead of a critical referendum.
Hydro-Quebec Proposes 13¢/kWh Rate for Data Centres
Hydro-Quebec has unveiled a new electricity rate proposal specifically targeting data centres, setting it at 13 cents per kilowatt-hour. This strategic move aims to attract tech investments while managing Quebec's energy resources effectively.
Nuclear Power in Alberta: Overcoming Hurdles for Energy Security
Alberta explores nuclear energy to meet booming electricity demand, facing financial and regulatory challenges in its private utility model.
Cenovus Energy Q4 Profit Rises on Higher Production
Cenovus Energy announced a significant increase in fourth-quarter profit, attributed to higher production levels. The Canadian oil sands producer's performance highlights ongoing strength in the energy sector.
ENWIN Developing Outage Map for E.L.K. Energy Customers
ENWIN Utilities is creating a new outage map for customers of E.L.K. Energy, enhancing transparency and service reliability in the Windsor region.
SaskPower to Buy Power from K+S Bethune Potash Mine
SaskPower and K+S Potash Canada have entered a power purchase agreement for electricity generated at the Bethune mine, marking a significant development in Saskatchewan's energy sector.
SaskPower to Buy Power from K+S Potash Facility
SaskPower has signed a power purchasing agreement with K+S Potash Canada to acquire up to 62 megawatts of electricity from a natural gas facility at the Bethune mine, starting in late 2026.
Kinross Gold Reports Record 2025 Results and 2026 Outlook
Kinross Gold Corporation announced its 2025 fourth-quarter and full-year results, achieving record free cash flow and returning significant capital to shareholders while maintaining stable production guidance.
Congo State Miner Strikes Copper Deal with Glencore's KCC
Gecamines, the Democratic Republic of Congo's state mining company, has negotiated rights to market significant copper output from Glencore's Kamoto Copper Co. mine, expanding its role in global copper trading amid booming production.
Trump-Backed Japanese Gas Plant in Ohio Would Be Largest in U.S.
A massive natural gas facility in Ohio, backed by former President Donald Trump and funded by Japan, would become the largest in the United States, with capacity to power millions of homes amid rising construction costs.
Japan to Invest in U.S. Energy, Industrial Projects
Former President Donald Trump reveals Japan's commitment to fund significant energy and industrial initiatives across Ohio, Texas, and Georgia, boosting domestic economic growth.
P.E.I. Diesel Prices Drop 12 Cents in Unscheduled Adjustment
Prince Edward Island sees a significant 12-cent per liter drop in diesel fuel prices in an unscheduled market adjustment, providing relief for consumers and businesses.
Novo Resources Releases Updated Corporate Presentation
Novo Resources Corp. has released an updated corporate presentation detailing strategic priorities, exploration results, and project advancements across its gold and copper portfolio in Australia.
B.C. Budget: LNG Growth vs. Business Tax Concerns
British Columbia's 2026 budget highlights LNG exports as a revenue driver, but business groups criticize rising taxes and ballooning deficits. Finance Minister Brenda Bailey emphasizes economic growth measures.
Innergex CEO Michel Letellier Steps Down, Jean Trudel Named Successor
Michel Letellier, CEO of renewable energy producer Innergex, will step down on March 13, 2026. Jean Trudel has been appointed as his successor, while Investissement Québec invests $500 million in the company.
Brewery Unions Urge PM Carney to Cancel Beer Tax Hike
Thirteen unions representing brewery workers have written an open letter to Prime Minister Mark Carney, calling for the cancellation of the federal alcohol escalator tax increase set for April 1, 2026.
Pipeline Investment Stalled by Alberta Separatism Uncertainty
Alberta's search for private pipeline investment faces delays due to uncertainty surrounding a potential separatism referendum this fall, drawing comparisons to Quebec's economic history.
MAX Power Accelerates Natural Hydrogen Development in Saskatchewan
MAX Power Mining Corp. is advancing Canada's first confirmed natural hydrogen system at the Lawson Discovery while identifying over 80 additional structures across the 475-km Genesis Trend in Saskatchewan.
Upgrading Provincial Interties for Efficient Electricity Sharing
As Ottawa prepares to unveil its strategy for doubling Canada's electricity grid, experts suggest focusing on enhancing existing interprovincial connections rather than massive new projects to enable efficient energy sharing.
Chevron-Led Group Wins Greek Gas Exploration Deals
A consortium led by Chevron has signed significant contracts for gas exploration in Greek waters, marking a major development in Europe's energy sector.
Energy-Saving Tips from BC Hydro at Home and Garden Show
BC Hydro offers practical energy efficiency advice at the BC Home + Garden Show, focusing on thermostat management, home insulation, and ENERGY STAR products to combat extreme weather impacts.
Keystone Pipeline Crack Grew Over 15 Years, Causing Spill
A third-party investigation reveals a crack in the Keystone pipeline expanded over 15 years, leading to a significant oil spill in North Dakota, highlighting infrastructure risks.
Hodgson's Calgary Talk on Energy Future, Pipeline Deadlines
Tim Hodgson emphasized Canada's energy transition and pipeline timelines at a Financial Post event in Calgary, highlighting economic and environmental challenges.
Kinew Thanks Ontario for $23M Crown Royal Deal at LCBO
Manitoba Premier Wab Kinew has expressed gratitude to Ontario Premier Doug Ford for securing a $23 million agreement with Diageo, ensuring Crown Royal whisky remains available in LCBO stores across the province.
Energy Minister Urges 'Prairie Pragmatism' in Federal Policy
Federal Energy Minister Tim Hodgson emphasized the need for Ottawa to adopt 'Prairie pragmatism' in energy policy, linking cooperation with Alberta to national unity amid separatist tensions.
TC Energy Targets U.S. Data Centre Expansion
Calgary-based TC Energy is strategically pivoting to capitalize on the booming U.S. data centre market, aiming to leverage its infrastructure expertise for growth in the digital economy.
Canada in 'Period of Reckoning' on Energy, Climate: Minister
Federal Energy Minister Tim Hodgson told a Calgary audience that Canada faces volatile energy markets, cautious capital, and real climate disruption, urging action to maintain the country's quality of life.
Canada's Energy Minister Outlines Superpower Ambitions in Calgary
Energy Minister Tim Hodgson sat down with the Financial Post in Calgary to discuss Canada's energy strategy, emphasizing India as a key market for achieving superpower status.
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