Suncor agrees to begin operating Syncrude by end of 2021
By Staff The Canadian Press Posted November 23, 2020 8:07 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Suncor Energy Inc. says it …
Osum Oil Sands rejects Waterous Energy Fund share offer as inadequate
Private junior oilsands producer Osum Oil Sands Corp. says shareholders should reject a $126-million bid by Calgary investment firm Waterous Energy Fund to nearly double its ownership stake. The Calgary …
Suncor Energy misses expectations with $302M loss on lower production, prices
Suncor Energy Inc. is reporting a third-quarter operating loss of $302 million or 20 cents per share as revenue fell 34 per cent to $6.5 billion due to lower production …
MEG Energy CEO deflects takeover speculation as oilsands firm reports Q3 loss
It’s business as usual for oilsands producer MEG Energy Corp., its CEO says, despite speculation it could be a takeover target in the wake of the $3.8-billion buyout of Husky …
Calgary’s mayor worries mega-merger by energy giants will mean lost jobs and revenue
Concerns are being voiced over a mega-merger between two energy giants this past weekend. Calgary-based Cenovus Energy Inc. announced on Sunday it intended to buy Husky Energy Inc. for about …
Edmonton company receives federal funds to develop COVID-19 vaccine
Entos Pharmaceuticals has been awarded federal money to conduct the phase 1 clinical trial of Covigenix, its COVID-19 DNA vaccine. Entos is led by Dr. John Lewis, a University of …
Minnesota ruling gives boost to Enbridge’s Line 3 replacement project
Minnesota pollution regulators properly considered the construction impacts of Enbridge’s plan to replace the 542-kilometre segment of its aging Line 3 crude oil pipeline that crosses the state, an administrative …
Canadian home sales up nearly 46% in September: CREA
Canadian home sales climbed 0.9% in September from August, raising them to a new all-time monthly record for the third month in a row, the Canadian Real Estate Association (CREA) …
Cooler weather brings more concern for some Calgary restaurant owners
It may not be officially over, but many Calgary restaurants have decided to pull the plug on patio season. The City of Calgary allowed restaurants to expand their patios onto …
Developers to ask Calgary council to add 11 new suburb neighbourhoods
A consortium of Calgary developers is seeking city council’s approval to build 11 new communities on the outer edges of the city — a request that has one councillor sounding …