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CALGARY — Canadian Natural Resources Ltd.'s profits took a hit in the fourth quarter of 2022 as extreme winter weather forced the oilsands giant to reduce production. The Calgary-based company reported Thursday that it earned $1.52 billion or $1.

World Gold Council chairman expects rise in gold price in 2023

CALGARY — Enbridge Inc. is hoping to see more incentives for carbon capture and storage announced in the upcoming federal budget, the CEO of the energy infrastructure giant said Wednesday.

CALGARY — A U.S. Gulf Coast gas storage facility and a stake in a company developing fuel from waste food are among a string of new investments announced by Canadian energy giant Enbridge Inc. on Wednesday.

Canfor Corp. says it is does not see a path forward to restarting its pulp mill operations in Taylor, and has begun exploring alternative uses for the site.

CALGARY — The Canadian Association of Petroleum Producers says it expects investment in oil and natural gas production in this country to hit $40 billion this year.

CALGARY — Baytex Energy Corp. has signed a deal to buy U.S. company Ranger Oil Corp. in a deal valued at C$3.4 billion, including assumed debt. Ranger Oil operates in the Eagle Ford shale region in south Texas, an area where Baytex also has assets.

ANALYSIS | Commitment, focus needed to tap billions in clean-energy market potential

Some pulp mill employees affected by pending closure have already left Canfor