Wednesday, 5 February 2025
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Amanda Stephenson

dian Natural Resources Ltd. logo is shown in a handout. The company reported a third-quarter profit of $2.27 billion, down from $2.34 billion in the same quarter last year.THE CANADIAN PRESS/HO
BusinessLiquefied Natural GasNatural GasNewsOil

Canadian Natural Resources reports $2.27-billion third-quarter profit

Product sales totalled $10.40 billion, down from $11.76 billion in the same quarter last year.

Trainees Dan Brook and Bradley Williams are directed by instructor Clint Dyck while training to lay down drill pipe on a rig floor, at Precision Drilling in Nisku, Alta., Jan. 20, 2016. THE CANADIAN PRESS/Jason Frans
BusinessInfrastructureLiquefied Natural GasNewsOilTrade

Precision Drilling expects rig demand growth with LNG Canada startup

Precision Drilling sees record demand from Trans Mountain boost, eyes LNG Canada startup to further lift Canadian drilling.

Silhouette of natural gas equipment against a sunset background.
BusinessLiquefied Natural GasNatural GasNews

Natural gas producers await LNG Canada’s start, but will it be the fix for prices?

Western Canada’s natural gas producers face low prices, hoping LNG Canada's 2024 launch will drive an increase.

mmercial vehicle drivers wait to refuel at a compressed natural gas fuelling station in Calgary, Alta., Tuesday, Oct. 22, 2024. THE CANADIAN PRESS/Jeff McIntosh
BusinessEconomyFuelInfrastructureNatural GasNews

Tourmaline, Clean Energy open two new natural gas fuelling stations in Alberta

The stations in Calgary and Grande Prairie join an Edmonton station that opened last year and together form the start of what is...

Nearly six months after its opening, the Trans Mountain pipeline expansion is boosting Canada's energy sector as promised — but questions still linger about who will pay for the project's massive cost overruns. In this photograph taken with a drone, the Trans Mountain Burnaby Terminal tank farm is seen in Burnaby, B.C., on Thursday, April 4, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessInfrastructureNewsOilPoliticsTrade

Six months on, what has the Trans Mountain pipeline project achieved and what’s next?

The Trans Mountain pipeline carries Alberta's crude oil to the B.C. coast — but questions remain about who will cover its cost overruns.

dian Natural Resources Ltd. logo is shown in a handout. Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

Canadian Natural Resources buys Chevron’s Alberta assets for US$6.5B

Canadian Natural Resources to acquire Chevron's oil sands and shale assets, boosting its stake and cash flow in Alberta.

Steel Reef's Steelman gas plant near Steelman, Sask., is seen in an undated handout photo. THE CANADIAN PRESS/Steel Reef, Ron Garnett, *MANDATORY CREDIT*
ElectricityNatural GasNewsOil

Waste gas from oil drilling sites to help power Canada’s electricity grid

With rising pressure to cut emissions, a Calgary company aims to turn waste gas from oil wells into electricity for 100,000 Canadian homes.

Workers near a pipeline.
ConstructionNatural GasNewsOil

Enbridge to build new oil and natural gas pipelines in Gulf of Mexico

The crude oil pipeline, named the Canyon Oil Pipeline System, will have a capacity of 200,000 barrels per day.

Market experts say the coming boom in artificial intelligence has the potential to spur large-scale investments in clean energy. Wind turbines are seen with the Rocky Mountains in the background near Pincher Creek, Alta., Thursday, June 6, 2024. THE CANADIAN PRESS/Jeff McIntosh
AnalysisBusinessElectricityFinanceGeothermalNatural GasNuclear PowerSolarWind

AI boom could spur large-scale investments in clean energy: experts

Market experts say the coming boom in artificial intelligence has the potential to spur large-scale investments in clean energy.

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company. TC Energy Corp. headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessFinanceHydropowerNatural GasNewsOilStorageTransmissionVoluntary Carbon Markets (VCMs)

TC Energy launches South Bow Corp. as independent crude oil pipeline business

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.

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