Wednesday, 5 February 2025
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Amanda Stephenson

A home in Sherwood Park, Alta., heated by pure hydrogen, is the first of its kind in Canada and is shown in a handout photo. THE CANADIAN PRESS/HO
EmissionsHydrogenNatural GasNews

Canada’s first hydrogen-heated home lays groundwork for low-carbon alternatives

Canada’s first hydrogen-heated home in Sherwood Park tests hydrogen’s feasibility as an alternative to natural gas for residential heating.

TC Energy headquarters in Calgary on July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessCoalElectionsNatural GasNewsOilPolitics

TC Energy CEO sees opportunity in Trump win as company refocuses on natural gas

As a company, TC Energy has already seen first-hand how business can flourish or be derailed by political winds south of the border.

Aerial view of Brucejack Mine in British Columbia, showing residential and commercial buildings near a large blue lake and snow-topped black mountains.
BusinessEconomyIndigenousMiningNews

New Indigenous-owned mining royalty company a first in Canada

Backed by billionaire Canadian Frank Giustra, Nations Royalty offers investors access to Indigenous-owned royalties.

TC Energy headquarters in Calgary, Alta., Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessFuelNatural GasNewsTransmission

TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico

The project involves the construction of a 715-kilometre offshore natural gas pipeline in southeast Mexico.

The corporate logo of Pembina Pipeline Corp. is shown in this undated handout photo. Pembina Pipeline Corp. says it has seen an uptick in interest from potential long-term contracted natural gas suppliers since making a firm decision to go ahead with the Cedar LNG project. THE CANADIAN PRESS/HO, Pembina Pipeline Corp. *MANDATORY CREDIT*
BusinessInfrastructureNatural GasNewsOilTransmission

Pembina Pipeline seeing increased interest from potential Cedar LNG suppliers: CEO

Pembina Pipeline's Cedar LNG project gains momentum as increased supplier interest follows a $4B green-light decision.

The MEG Energy Corp. logo is seen in an undated handout. THE CANADIAN PRESS/HO, MEG Energy *MANDATORY CREDIT*
BusinessNewsOilWeather

MEG says 2024 production to come in at low end of forecast due to wildfires

MEG Energy anticipates 2024 production at the low end of its forecast due to wildfires and cold weather impacts earlier this year.

A flare stack lights the sky along refinery row in Edmonton on December 28, 2018. THE CANADIAN PRESS/Jason Frans
News

Canada’s oil and gas producers warn of challenges in meeting methane emission targets

Canada’s oil and gas sector faces challenges in meeting stricter methane reduction targets, despite past progress.

A flare stack lights the sky from the Imperial Oil refinery in Edmonton, Dec. 28, 2018. THE CANADIAN PRESS/Jason Frans
BusinessNewsOil

Imperial Oil reports $1.24B third-quarter profit, down from $1.60B a year ago

Imperial Oil Ltd. reported a third-quarter profit of $1.24 billion, down from $1.60 billion in the same quarter last year.

Cenovus Energy Inc. reported its third-quarter profit fell compared with a year as its revenue edged lower.The Cenovus Christina Lake oilsands facility steam-assisted gravity drainage pad southeast of Fort McMurray, Alta., is shown on Wednesday, April 24, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessFuelNewsOil

Cenovus Energy reports $820M Q3 profit, down from $1.86B a year ago

The Canadian oil and gas company's profits took a $1 billion hit year-on-year.

Veren Inc. logo is shown in a handout. The company
reported a profit of $277.2 million in its latest quarter compared with a loss a year earlier. THE CANADIAN PRESS/HO
BusinessFuelNewsOil

Veren reports $277.2-million third-quarter profit, trims 2024 production guidance

CALGARY — Oil producer Veren Inc. saw its share price plunge by more than 14 per cent on Thursday, on news that the...

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