Dan Healing
Reporter for The Canadian Press
About Dan Healing
Husky cuts jobs and spending
About 370 jobs have been cut at Husky Energy Inc. this year with most of the reductions coming in a major round of layoffs in October, CEO Rob Peabody revealed on a conference call on Monday, December 2, 2019, to discuss guidance for 2020 and 2021.
Cenovus Energy to add 70,000 barrels per day of oilsands output
Cenovus Energy Inc. says it will add as much as 70,000 barrels per day of oilsands output following the Alberta government's decision to ease production curtailments for producers that add crude-by-rail capacity.
Renewable power developers discover more energy sources make better projects
Third-generation farmer James Praskach has been burned by the oil and gas sector and watched wicked weather pound his crops flat, but he is hoping a new kind of energy — the renewable kind — will pay dividends.
Alberta petrochemical credit program survives cuts
The United Conservative government in Alberta says it will carry on with a program introduced by the former NDP regime to use $1.1 billion in energy royalty credits to encourage new petrochemical projects.
Berkshire Hathaway firm announces launch of $200-million Alberta wind power farm
A company linked to American investment guru Warren Buffett says it will break ground on a $200-million, 117.6-megawatt wind farm in southeastern Alberta next year.
Tourmaline Oil shares rise after it spins off hybrid royalty corporation
Tourmaline Oil Corp.'s creation of a hybrid royalty company to hold some of its energy assets spurred a buying rush for the company's stock on Friday, October 11, 2019, although its share prices remained well below their 52-week highs.
Tidewater shares fall on deal to buy Prince George, B.C., refinery from Husky
Shares in Tidewater Midstream and Infrastructure Ltd. fell sharply on Friday, October 4, 2019, after it announced it would buy a small light oil refinery in Prince George, B.C., from Husky Energy Inc. for $215 million.
Cenovus raises dividend, plans modest growth, as CEO heralds debt reduction
Oilsands producer Cenovus Energy Inc. is rewarding its shareholders with a 25 per cent increase in its dividend while tightening its spending plans and maintaining "modest" production growth expectations over the next five years.
Climate strikers naive but have right to protest, say energy sector leaders
Oil and gas industry insiders say demands by organizers of Friday's, September 27, 2019, Global Climate Strike to transition swiftly away from fossil fuels to 100 per cent renewable energy are naive and unrealistic.
Outspoken Imperial Oil CEO Rich Kruger stepping down later this year
One of the oilpatch's most outspoken critics of Canadian federal and provincial energy policy is retiring at the end of this year.