Wednesday, 5 February 2025
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Amanda Stephenson

Solar panels in a field.
ElectricityInfrastructureNewsSolar

Alberta’s rooftop solar boom driving shady sales tactics, advocates warn

Advocates for renewable energy boom worry Alberta solar panel sales could be affected by bad actors and fraudulent salespeople.

Enbridge Inc. saw its second-quarter profit hit $1.84 billion, where it roughly also sat a year ago. An Enbridge worker loads pipe just west of Morden, Man., on Thursday, Aug. 16, 2018. THE CANADIAN PRESS/John Woods
BusinessFinanceFuelInfrastructureLiquefied Natural GasNatural GasNewsTransmissionUtilities

Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge raises 2024 earnings forecast after acquiring U.S. gas utilities, aiming to become North America's largest gas utility.

An Imperial Oil logo is shown at the company's annual meeting in Calgary on April 28, 2017.THE CANADIAN PRESS/Jeff McIntosh
BusinessNewsOil

Imperial Oil takes $1.13bn in net income, up from $675m a year ago

Income nearly doubles in Imperial Oil Q2 results, with production up.

TC Energy Corp. says it had a net income of $963 million in the second quarter, up from $250 million in the same quarter last year. TC Energy headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessNewsUtilities

TC Energy eyes data centre growth as potential opportunity

Adjusted earnings for TC Energy in Q2 came in at $978 million, down slightly from last year.

The corporate logo of  Precision Drilling (TSX:PD) is shown. THE CANADIAN PRESS/HO
BusinessFuelInfrastructureNewsOilTransmission

Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

Precision Drilling sees 18% surge in Canadian activity post-Trans Mountain pipeline expansion, signaling renewed confidence.

MEG Energy Corp. says it has started bringing workers back to its Christina Lake oilsands site after evacuating all non-essential personnel last week due to wildfires in northern Alberta.The MEG Energy Corp. logo is seen in an undated handout photo. THE CANADIAN PRESS/HO, MEG Energy *MANDATORY CREDIT*
BusinessFuelNewsOil

MEG Energy workers returning to Alberta oilsands site after wildfire evacuation

MEG Energy resumes operations at Christina Lake after wildfires; CEO Gates cites effective firebreaks and worker safety assurances amidst ongoing regional fires.

Veren Inc. logo is shown in a handout. The company reported its profit rose in its latest quarter to $261 million from $212.3 million a year ago. THE CANADIAN PRESS/HO
BusinessFinanceFuelInfrastructureNatural GasNewsOilTransmission

Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter

Veren Inc., post-buying spree, shifts focus to reducing its $3.0 billion debt, targeting a further drop to $2.2 billion by year-end.

The oil and gas sector, like all industries, is exposed to climate risk from events like fires and extreme weather. Trees line Suncor's oilsands operation near Fort McMurray, Alta. on Friday, Sep. 1, 2023. THE CANADIAN PRESS/AP/Victor R. Caiv
BusinessClimateEnvironmentFuelNatural GasNewsOilResiliencyWeather

Climate-related extreme weather puts oil and gas assets, production at risk

The oil and gas sector, like all industries, is exposed to climate risk from events like fires and extreme weather

A free trade arbitration tribunal has tossed out TC Energy Corp.'s claim that it is owed US$15 billion in damages as a result of President Joe Biden's cancellation of the Keystone XL pipeline permit. Pipes intended for construction of the Keystone XL pipeline are shown in Gascoyne, N.D. on Wednesday April 22, 2015. THE CANADIAN PRESS/Alex Pane
CourtsIndigenousNewsOilPoliticsTradeTransmission

TC Energy’s US$15B Keystone XL claim thrown out by trade tribunal

TC Energy launched the claim in 2021 under rules tied to the North American Free Trade Agreement.

Natural Resources Minister Jonathan Wilkinson speaks during a press conference in Ottawa, Tuesday, May 7, 2024. Wilkinson says he expects between 20 and 25 commercial-scale carbon capture and storage projects to break ground in Canada within the next decade.THE CANADIAN PRESS/Sean Kilpatrick
Carbon ManagementClimateEmissionsInfrastructureNewsPoliticsStorage

More carbon capture projects to be green-lit soon: Canada’s Natural Resources Minister

Minister Wilkinson says he expects between 20 and 25 commercial-scale carbon capture and storage projects to break ground in Canada within the next...

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