Focus on Fuel
Athabasca, Cenovus close creation of new Duvernay Energy Corp. joint venture
CALGARY — Athabasca Oil Corp. and Cenovus Energy Inc. have closed a previously announced deal creating a new joint venture stand-alone company called...
Precision Drilling reports $146.7M Q4 profit, revenue edged lower
CALGARY — Precision Drilling Corp. says it earned $146.7 million in its latest quarter, up from a profit of $3.5 million a year...
Appeals court weighs whether to let stand Biden’s approval of Willow oil project in Alaska
JUNEAU, Alaska (AP) — An appeals court panel is deciding whether to let stand the Biden administration’s approval of the massive Willow oil...
Colorado fines Suncor US$10.5 million for air pollution violations
DENVER — The state of Colorado is fining Suncor Energy Inc. US$10.5 million for air pollution violations. In a news release, the Colorado...
‘Not be tolerated’: Alberta files formal response to proposed oilsands emissions cap
Alberta says a federal emissions cap on greenhouse gases “will not be tolerated” as the province’s environment minister meets today with her federal...
Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Smith in Ottawa Alberta Premier Danielle Smith...
Trans Mountain mulling how to remove ‘obstruction’ causing newest construction delay
CALGARY — The company building the Trans Mountain pipeline expansion continues to work to find a solution for its latest unexpected construction challenge...
Bill to update impact assessment law coming in spring: Wilkinson
OTTAWA — The federal government will introduce legislation this spring to fix the constitutional problems the Supreme Court of Canada has with the...
AIMCo sets up $1B fund to invest in energy transition opportunities
EDMONTON — The Alberta Investment Management Corp. has set up a new $1-billion fund dedicated to investing in the global energy transition and...
