Oil & Gas and Mining News

CALGARY — The CEO of Pembina Pipeline Corp. says the company needs more certainty over timing, regulations and costs related to the Trans Mountain expansion project before deciding whether to make an offer for an equity stake in the pipeline.

CALGARY — Canadian pipeline giant Enbridge Inc. has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2 billion.

CALGARY — The company building the Trans Mountain pipeline expansion has been issued a temporary stop-work order due to environmental non-compliance related to a wetland near Abbotsford, B.C.

CALGARY — Pembina Pipeline Corp. says it earned $346 million in the third quarter of 2023, down from $1.8 billion in the same three-month period of 2022.

CALGARY — Crescent Point Energy Corp. said Thursday it is pleased with the results it has obtained so far from oilfield assets the company purchased earlier this year in a $1.7-billion deal.

CALGARY — Cenovus Energy Inc. saw its profits surge in the third quarter as the Calgary based oil company overcame a number of challenges that had plagued it earlier in the year. Cenovus said Thursday it earned a third-quarter profit of $1.

BISMARCK, N.D. (AP) — Opponents of the Dakota Access oil pipeline are taking issue with the format of private oral testimony in meetings for public comment on a draft environmental review of the controversial pipeline. The U.S.

CALGARY — Canadian Natural Resources Ltd. president Tim McKay will retire next year after a five-year leadership stint that coincided with the Calgary-based company surpassing $100 billion in market value.

CALGARY — Less than 12 months after an activist investor critiqued its performance, fuel retailer Parkland Corp. has doubled its third quarter profit and announced it will exceed its previously announced earnings guidance for 2023.

CALGARY — Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and the company's ongoing efforts to optimize its Burnaby refinery.