Focus on Business
Financial, technology risks likely delayed Alberta carbon capture project: analysts
An analyst says a corporate decision by Capital Power to mothball Canada's largest carbon capture and storage project is likely the result of...
Parkland: Lots of buyer interest in fuel, convenience store locations
Fuel retailer Parkland Corp. said Thursday the 157 Canadian fuel and convenience store locations it has put up for sale are generating a...
Record loss for Russia’s Gazprom as European market closed
Exports to Europe have long been Gazprom's top earnings source, but following the start of the conflict in Ukraine European nations sought to...
Shell not looking at New York relisting at the moment, CEO says
Share buyback scheme is top of energy giant's agenda, claims CEO, as he denies Shell relisting on New York stock exchange.
Canadian Natural Resources sees path to hike Horizon oilsands output by 76%
Canadian Natural Resources Ltd. said it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of...
Banks slow to limit coal financing: NGO
Environmental group Urgewald's coal report shows banks continue to lend billions to the fossil fuel industry, jeopardising Paris Agreement goals.
Aptiv to lower equity interest in self-driving joint Hyundai venture
Aptiv's move comes as legacy automakers cut down or back away from their push towards autonomous technology, following technological hurdles and growing safety...
Exxon-Pioneer deal greenlit by US FTC, Pioneer exec barred from board
Pioneer CEO Scott Sheffield prevented from taking a seat on the board of Exxon Mobil by FTC order.
Quanta Services lifts annual forecasts on strong power demand
Construction engineers Quanta Services revenue grows as US pushes for better infrastructure to cope with EVs and data centers.
BorgWarner raises full-year 2024 adjusted profit outlook
BorgWarner develops and manufactures products to improve fuel economy, EV powertrains, chargers and battery systems.
