Category : Energy Sector


Enbridge misses Q3 profit estimates due to higher costs

Canadian energy giant Enbridge reported lower-than-expected third-quarter profits as increased operational expenses impacted financial performance. Discover how rising costs affected one of Canada's largest pipeline operators.

TransAlta Posts Q3 Loss, Shares Drop 13%

Calgary-based TransAlta reports surprising Q3 loss of $8 million, sending shares tumbling over 13% as lower power prices and unfavourable hedging contracts squeeze profitability.

LNG Canada Begins Production at Second Unit

Canada's landmark LNG project reaches critical production milestone, boosting export capacity and positioning the country as a key global energy supplier while creating economic opportunities nationwide.

MEG Energy Shareholders Approve Cenovus Takeover Deal

MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.

TC Energy Q3 Profit Dips to $841M, Revenue Rises

Canadian energy giant TC Energy reports mixed Q3 2023 results with profit declining to $841 million while revenue surges to $3.94 billion. Discover how major projects and strategic moves are shaping the company's future.

Alberta Fires Back Over BC Oil Tanker Ban Demands

Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.

Alberta's Pipeline Deadline: Budget Meets Grey Cup

As Alberta awaits critical details from Ottawa's federal budget, the province faces a high-stakes deadline tied to the Grey Cup festival that could determine the fate of major pipeline projects and energy investment.

Federal Budget Pivots on Oil and Gas Policy

Canada's latest federal budget signals a significant shift in oil and gas policy, but industry experts warn key implementation details remain uncertain. Explore the implications for carbon capture incentives and clean electricity investments.

Budget shifts oil and gas tone, details unclear

Canada's latest federal budget signals a significant change in tone toward the oil and gas industry, but critical details about investment tax credits and clean energy requirements remain uncertain, leaving industry experts watching closely.

NB Legislation Advances Mactaquac Dam Refurbishment

New Brunswick's government has introduced groundbreaking legislation to secure the future of the Mactaquac Dam, setting the stage for a massive refurbishment project that will power the province for decades to come.

Suncor Hikes Dividend, Beats Earnings Expectations

Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.

Canada May Soften Oil & Gas Emissions Cap Rules

The Canadian government shows willingness to adjust its controversial oil and gas emissions cap policy, raising questions about environmental commitment versus economic pragmatism in Canada's energy sector.

Alberta, Ottawa Close to Major Energy Projects Deal

Alberta Premier Danielle Smith reveals significant progress in federal-provincial negotiations on major energy projects, potentially unlocking billions in investment and reshaping Canada's energy future.

Carney's Green Vision: Canada's 2025 Energy Budget

Former Bank of Canada governor Mark Carney takes center stage in shaping Canada's ambitious clean energy agenda through the 2025 federal budget, signaling a major shift toward sustainable economic growth.

Nova Scotia Courts Calgary for Offshore Wind Development

Nova Scotia's Premier Tim Houston makes strategic Calgary visit to attract oil and gas expertise for massive offshore wind and green hydrogen development, positioning the province as Canada's next clean energy frontier.

Oil & Gas Reality: What Companies Are Actually Doing

While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.

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