Dan Healing
Reporter for The Canadian Press
About Dan Healing
TransCanada profit and revenue rise as oil and gas pipeline flows strengthen
Higher volumes from its growing stable of oil and gas pipelines in the United States and Canada drove improvements in fourth-quarter earnings, TransCanada Corp. reported on Thursday, February 14, 2019.
Precision Drilling soars on strong U.S. revenue, considers more rig moves
Shares in Precision Drilling Corp. closed up almost 15 per cent on Thursday, February 14, 2019, on the Toronto Stock Exchange after it reported strong operational results from its U.S. branch in the fourth quarter.
Suncor cites crude-by-rail woes as it calls for early end to Alberta oil cuts
Suncor Energy Inc. is calling on the Alberta government to make an earlier-than-planned exit from the oil curtailment program it enacted on Jan. 1 because of its "unintended consequences."
Mexico, Iraq expected to fill Venezuelan oil gap ahead of Canada, analysts say
A lack of export pipeline capacity means Canada will not be able to boost shipments to take advantage of U.S. sanctions against Venezuela's national oil company, analysts say.
Petrochemical growth spurt expected despite rising desire for fewer plastics
Canada's slow-growing petrochemical industry is headed for its biggest surge of expansion spending in five years in 2019, thanks in large part to incentive programs by federal and provincial governments.
Husky shares rise and MEG stock plunges after oilsands takeover offer withdrawn
Shares in MEG Energy Corp. plunged Thursday morning after Husky Energy Inc. abandoned its hostile takeover bid for the company.
TransCanada name change 'de-emphasizes' Canada for leery investors: analyst
A planned move by TransCanada Corp. to change its name to TC Energy will help it attract investors who are "leery" of putting money in anything Canadian given the country's recent difficulty in building energy projects, a U.S.-based financial analyst said on Wednesday, January 9, 2019.
Western Canada oil prices remain strong as Alberta production cutbacks kick in
Crude oil prices in Western Canada remained elevated on Wednesday, January 2, 2019, the day after provincially mandated oil production curtailments came into force, but a government spokesman says it's too early to say how long the program will remain in place.
Environmental and economic development choices split First Nations in Canada
A Vancouver-area First Nation's decision to support the Woodfibre LNG project may have come as a surprise to some, considering the nation's role in helping to derail the Trans Mountain pipeline expansion earlier this year.
Suncor warns forced provincial oil cutbacks pose safety, operational risks
Forced Alberta government crude oil production cuts next year will result in "unintended consequences" that could include increased safety hazards for its employees, Suncor Energy Inc. warned Friday.