Who killed Encana?: Inside the mess that crushed Canada s energy icon theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
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CALGARY As Canada and the United States set new, more aggressive climate targets Thursday, oilsands producer Cenovus Energy Inc. said it was working to set new emissions goals this year.
Cenovus is among the Canadian companies expected to be impacted by the new U.S. climate targets, as it has stakes in refineries in Ohio and Texas, and also recently acquired more U.S. refineries as part of its blockbuster $9-billion deal to buy Husky Energy Inc.
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CALGARY â Rising oil prices will provide much-needed relief to balance sheets in both the private and public sector in Alberta, but even skyrocketing crude wonât rescue the provinceâs budget problems or direct investment in the province.
Crude oil prices have climbed steadily since Nov. 2020 and are now trading in a range that will lift the Canadian dollar, help alleviate some of the strain on Albertaâs budget and allow the countryâs largest oil producers to generate additional billions in cash this year.
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Why skyrocketing oil prices won t usher in boom times in Alberta s oilpatch — just yet countyweeklynews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from countyweeklynews.ca Daily Mail and Mail on Sunday newspapers.