Alberta has reached a deal with the federal government to establish its own rules to restrict a potent form of carbon pollution, saying Thursday the move would save the oil and gas industry money.
Surging production from its Kearl oil sands mine after an unplanned two-week outage, along with a better-than-targeted drop in capital and operational spending, helped Imperial Oil Ltd.
Market volatility behind the location change Suncor Energy has announced it will move its Petro-Canada head office from two sites in Ontario to Calgary next year.
25% decrease in combined employee levels expected The Cenovus Energy/Husky Energy merger will result in a much smaller workforce when the two companies combine.