Oil & Gas and Mining News

CALGARY — Pembina Pipeline Corp. says it earned $479 million in its second quarter of this year, a 32-per-cent increase over the same period in 2023.

TORONTO — CIBC is adding TC Energy Corp. chief executive François Poirier to its board of directors. The major Canadian bank says Poirier will join its board effective Sept. 1.

OTTAWA — More than three decades after Indigenous leaders in northern Alberta began asking for funding to better understand if pollution from the oilsands was making their people sick, the federal government is funding a study to do just that.

CALGARY — Oil and gas production at Suncor Energy Inc. is tracking ahead of its forecast so far this year, though the company said Wednesday it is refraining from making changes to its full-year guidance.

CALGARY — Suncor Energy Inc. says it earned $1.57 billion in its second quarter, down from $1.88 billion in the second quarter of 2023. The Calgary-based oil giant says on an adjusted basis, it earned $1.63 billion, up from $1.

CALGARY — TC Energy Corp. is eyeing the rapid proliferation of data centres in North America as a business opportunity.

Shipments of Russian liquified natural gas to France more than doubled the first half of this year, according to new analyses of trade data, at a time when Europe has tried to pull back from energy purchases that help finance the Kremlin's invasion o

CALGARY — Imperial Oil Ltd. provided an update on what will be Canada's largest renewable diesel facility, saying construction of the complex near Edmonton is going well and should be completed sometime next spring.

CALGARY — Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities.

WASHINGTON — 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. "It really underscores both Canada and the U.S.