Higher oilsands volumes drives strong results as Inter Pipeline reports $100M Q4 income

By Staff The Canadian Press Posted February 20, 2020 6:39 pm Updated February 20, 2020 6:40 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Inter Pipeline Ltd. is crediting strong results from its…

Feds to avoid selling Trans Mountain pipeline so long as risks remain

The federal government is studying the best options for Indigenous communities to reap economic benefits from the Trans Mountain pipeline but Ottawa is not planning to sell the project while legal and political risks remain. The Supreme Court of Canada…

Oilpatch buyers expected to stay on the sidelines in 2020: analysts

A mindset of “hunkering down” in the face of persistent headwinds means mergers and acquisitions activity in Canada’s oilpatch will likely remain at low ebb in 2020, analysts say. A recent spate of consolidation of producers in prolific Texas oilfields…

Lawyer says Indigenous groups didn’t approach Trans Mountain pipeline consultation in good faith

A lawyer for Trans Mountain Corp. is defending the government’s consultation with Indigenous groups over the Crown corporation’s operation and construction of its pipeline project. Maureen Killoran said Wednesday that the $10 billion project has twice been declared in the…

Review of Canadian fossil fuel subsidies appears to be behind schedule: environmental advocate

Canada’s promise to produce an inventory of its fossil fuel subsidies as part of a joint peer review with Argentina appears to be off schedule and may not deliver results until 2021, an environmental advocate says. The peer review, which…