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Energy & Resources News

SNC’s Candu poised to be world player

SNC’s Candu poised to be world player

SNC-Lavalin Group Inc.’s Candu Energy signed an agreement Thursday with Chinese General Nuclear Power Group to build two reactors in Romania, in a deal that could lead to a host of global...

Posted on 7-25-2014 at 2:27 PM

Potash raises profit forecast as fertilizer buyers return

Potash Corp. of Saskatchewan Inc., the world’s largest fertilizer producer by market value, raised its full-year earnings forecast and said Chinese demand for its namesake crop nutrient...

Posted on 7-24-2014 at 9:33 AM

Energy Watch: Alberta finances lag energy-focused neighbours, report says

Alberta might be the economic engine of Canada, but a new report says the province sputters when stalked up against North America’s other oil and gas-rich regions.

Posted on 7-24-2014 at 8:45 AM

Encana's operating profit misses estimates as gas output falls

Encana Corp., Canada's largest natural-gas producer, posted a steeper-than-expected 31 percent fall in quarterly operating profit, hurt by lower gas production and prices.

Posted on 7-24-2014 at 7:58 AM

Teck profit falls 44% as coal prices remain weak

Canadian diversified miner Teck Resources Ltd reported a 44 percent drop in quarterly earnings, mainly due to “significantly” lower coal prices.

Posted on 7-24-2014 at 7:37 AM

Small oil and gas companies could become takeover targets after tax pool crackdown

The Canada Revenue Agency has increased its scrutiny of tax pools that Canadian energy companies are using to reduce their income. According to Canaccord Genuity, the CRA crackdown has made...

Posted on 7-23-2014 at 2:48 PM

Talisman shares spike on overture from Repsol

Spain’s Repsol SA has approached Talisman Energy Inc. about potential deals, the Calgary-based oil producer said on Wednesday in response to a published report that it could be the target...

Posted on 7-23-2014 at 11:06 AM

Alberta regulator says CNRL steam extraction caused bitumen leaks

Canadian Natural Resources Ltd.’s method of injecting large volumes of high-pressure steam in closely spaced wells was a “fundamental cause” of the long-running bitumen surface leaks that...

Posted on 7-23-2014 at 8:14 AM

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