Driven by continued strong market conditions, Imperial Oil Limited’s first quarter earnings soared to $1.17 billion, the highest first quarter in over 30 years and up from $392 million during the same period in 2021.
April 29, 2022, 11:28 AM MDT
April 29, 2022, 7:49 AM MDT
With its balance sheet improving, strong financial metrics as commodity prices hold strong and operations performing well, Cenovus Energy Inc. isn’t ruling out dipping its toe into an increasingly tight North American merger and acquisition (M&A) and disposition market.
April 28, 2022, 12 AM MDT
Suncor Energy Inc.’s management and board says it will “carefully assess” recommendations made by Elliott Investment Management L.P.
April 28, 2022, 1:57 PM MDT
Elliott Investment Management L.P., which manages funds that have made an investment representing approximately a 3.4 per cent economic interest in Suncor Energy Inc., has sent a letter and presentation to the board of directors of Suncor.
April 28, 2022, 7:51 AM MDT
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April 28, 2022, 2:13 PM MDT
Cenovus Energy Inc. is hiking 2022 capital expenditures by $300 million to an updated range of $2.9-$3.3 billion, the company announced this morning.
April 27, 2022, 12:33 PM MDT
April 27, 2022, 11:14 AM MDT
Most scenarios for reaching the Paris Accord’s climate targets foresee the need for large-scale carbon negative technologies to reverse the overshoot in greenhouse gas emissions accumulated in the atmosphere.
April 26, 2022, 12:33 PM MDT
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April 13, 2022, 12 AM MDT
Cenovus Energy Inc. will spend the next five years hunting down operational efficiencies and pumping up margins from its existing upstream and downstream assets, company president and chief executive officer Alex Pourbaix told the 2022 Scotiabank CAPP Energy Symposium.
April 12, 2022, 6 AM MDT
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The fallout from the Russian invasion of Ukraine has changed the conversation around energy in North America, with security, reliability and affordability now joining climate change as major issues needing to be addressed, Al Monaco, president and chief executive officer, Enbridge Inc., told the 2022 Scotiabank CAPP Energy Symposium on Wednesday.
April 7, 2022, 12:32 PM MDT
Enerkem Inc. closed a new financing totaling $255 million.
April 6, 2022, 10:21 AM MDT
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