Dan Healing
Reporter for The Canadian Press
About Dan Healing
Energy dividends chopped as oil prices drop below US$30 per barrel
More energy industry dividends are being slashed as investors turn their backs on companies whose payouts are now unaffordable with oil prices plunging to less than US$30 per barrel.
Cenovus slashes oil production, other companies expected to follow
Analysts expect to see lower Canadian oil production this year as producers follow the example of Cenovus Energy Inc. in slashing capital spending budgets amid tumbling oil prices.
Kenney says cancelling of major energy projects harming Indigenous prosperity
A $1-billion fund established last year to support Indigenous participation in major projects won't have any projects to back if the circumstances that led to the cancelling of the Frontier oilsands mining project this week continue, Alberta Premier Jason Kenney warned on Wednesday, February 27, 2020.
Now it's not easy to push fossil fuel projects in Canada, say analysts
Long pipeline routes that cross provincial and Indigenous territorial boundaries are part of the reason that Canada is a more difficult place than the U.S. to build major energy projects, according to American analysts.
TC Energy CEO disappointed Coast GasLink protests require police involvement
The CEO of pipeline and power company TC Energy Corp. says he's "extremely disappointed" that police have had to be called in to allow the company to go ahead with construction of its Coastal GasLink pipeline.
Oilsands producer Cenovus to give $50 million for Indigenous housing
Indigenous leaders say they hope other companies will follow the lead of Cenovus Energy Inc. after it pledged to give $10 million per year over the next five years to support housing in six northern Alberta communities near its oilsands operations.
Chevron cutting funding to Kitimat LNG project
The decision by Chevron Corp. to try to sell its 50 per cent stake in the Kitimat LNG project on the B.C. coast throws a symbolic dash of "long-dated cold water" on growth in the Canadian natural gas industry, an analysis says.
Climate change, aging population big factors in Canada's economy
A new economic report says the next decade in Canada will increasingly be shaped by the twin forces of climate change and demographic disruption from an aging population.
Helium could be the new hot product in Canadian oilpatch
A veteran of Canada's ailing oilpatch is hoping a new product drawn from deep under Prairie grain fields will provide a natural resource boom for Western Canada.
New marine fuel rules could hit oilsands hard
A new wave of cold water is about to hit Canada's much-buffeted oilsands industry but whether it will be a perfect storm or a tempest in a teapot is yet to be seen.