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The corporate logo of Pembina Pipeline Corp. is shown in this undated handout photo.  THE CANADIAN PRESS/HO, Pembina Pipeline Corp. *MANDATORY CREDIT*
BusinessFinanceFuelInfrastructureNewsOilTransmission

Pembina Pipeline earns $479 million in Q2, ups full-year forecast

Pembina Pipeline reports a 32% Q2 profit surge, boosted by higher revenue and pipeline volumes following recent acquisitions.

Ontario is selling itself as the nuclear North Star to guide the direction of American power as the United States looks to de-carbonize amid ever-increasing demand for energy.Stephen Lecce delivers remarks at Lakeshore Collegiate Institute in Toronto, on Thursday, Aug. 31, 2023. THE CANADIAN PRESS/Spencer Colby
AnalysisElectricityNuclear PowerSmall Modular ReactorsUtilities

Building the blueprint: Ontario moves to shape Canada’s nuclear energy future

Ontario positions itself as a leader in nuclear energy, aiming to partner with the U.S. to drive clean energy and decarbonization.

News

Cenovus reports second quarter earnings of $1bn, debt target hit

Calgary-based energy company Cenovus second quarter earnings rise to a billion with shareholders in line for payout.

rude oil tankers SFL Sabine, back left, and Tarbet Spirit are seen docked at the Trans Mountain Westridge Marine Terminal, where crude oil from the expanded Trans Mountain Pipeline is loaded onto tankers, in Burnaby, B.C., Monday, June 10, 2024. Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company's board Sept. 1. THE CANADIAN PRESS/Darryl Dyck
BusinessFuelInfrastructureNewsOilTransmission

Trans Mountain Corp. to have new CEO as Farrell moves to board chair role

Trans Mountain says it is undertaking a CEO succession plan to replace Farrell, who has served as CEO since 2022.

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

MEG Energy sees earnings rise in second quarter, announces dividend

MEG Energy boosts quarterly earnings to $234M and declares a 10-cent dividend per share, aided by the Trans Mountain pipeline expansion success.

N rail trains are shown at the CN MacMillan Yard in Vaughan, Ont., on June 20, 2022. THE CANADIAN PRESS/Nathan Denette
CourtsEnvironmentLegislationNewsOilPoliticsPublic TransitRailRegulations

CN Rail fined $8M for crude oil spills related to 2015 train derailments

CN Railway fined $8M for 2015 derailments releasing 3.6M liters of oil into Ontario’s environment, violating the federal Fisheries Act.

Steven Guilbeault, Minister of Environment and Climate Change is photographed following a press conference announcing a conservation campaign at Whytecliff Park in West Vancouver, on Thursday, July 18, 2024. THE CANADIAN PRESS/ Tijana Mar
BiodiversityClimateEnvironmentIndigenousNewsPoliticsRegulationsResiliency

Federal govt announces $89 million for conservation projects across Canada

Canada's environment minister announced $89M for 10 GHG reduction projects, aiming to conserve 30% of land and water by 2030, with major initiatives...

A new study published by the Food and Agriculture organization of the United Nations says new projections show a possible steep decline in global fish biomass by the end of the century under high greenhouse gas emissions, with several areas of Atlantic Canadian fishing areas affected. In this April 23, 2016, file photo, cod fill a box on a trawler off the coast of Hampton Beach, N.H. THE CANADIAN PRESS/AP/Robert F. Bukaty
BiodiversityClimateEmissionsEnvironmentIn-Depth

Fish biomass loss possible in Atlantic Canada amid rising emissions: researcher

Unchecked emissions could cause a steep decline in global fish populations, including in Atlantic Canada, by the end of the century.

Wildfires burning near Labrador City, N.L. have prompted mining companies in the area to temporarily halt operations. Smoke from a wildfire is shown in Labrador City, N.L. in a Friday, July 12, 2024 handout photo. THE CANADIAN PRESS/HO-Janelle Nippard **MANDATORY CREDIT**
ClimateMineralsMiningNewsWeather

Newfoundland wildfires force temporary shutdown of iron ore mines

Wildfires near Labrador City, N.L., have led to evacuation orders and forced mining companies Champion Iron Ltd. and Iron Ore Co. of Canada...

Forestry officials have asked everyone in Labrador City to leave as a nearby wildfire creeps closer. A Quebec water bomber, shown here in a handout photo from June 20, sits at the Happy Valley-Goose Bay airport, ready to help battle wildfires in central Labrador. THE CANADIAN PRESS/HO-Hunter Wilson *MANDATORY CREDIT*
ClimateEnvironmentNewsWeather

‘Extreme fire behaviour’: Labrador City ordered evacuated as wildfire approaches

Forestry officials ordered residents to evacuate due to a nearby wildfire, with residents urged to head east to Happy Valley-Goose Bay.