Perpetual Energy's stock is down more than 99 per cent since it first went public and it played a key role in another company's 2018 bankruptcy — one that left the public on the hook for more than $200 million in reclamation liabilities. So why is its CEO getting feted as a leader?
"They're private sector entities for whom their priority is to do what's best for their business. And that doesn't make them evil, but it does mean they don't belong here.”
More than 50 Alberta CEOs, entrepreneurs and industry leaders are in Ottawa this week in an effort to raise the profile of their province and promote "collaboration" on issues related to energy, climate and the economy.
London-headquartered bank Barclays announced it will stop financing oilsands projects Wednesday in its annual report, marking another win for shareholder activists.
Danielle Smith says she's fighting the "just transition" in order to protect Alberta jobs. So why is she saying and doing things that could end up costing thousands of them?
A string of fatalities at Suncor Energy Inc. has caught the attention of investors who view workplace safety breaches as a warning sign of deeper problems within a company.
Alberta's oilsands are maintaining production levels with critical staff only as operators try to minimize the workforce impact of the highly contagious Omicron variant.
The chief executive of one of Canada's major oilsands producers said he's not opposed to a federal cap on greenhouse gas emissions from the oil and gas sector, as long as the government realizes large-scale emissions reductions will take years to achieve.
Canada's offshore oil and gas regulator has laid three charges against a Cenovus Energy Inc. subsidiary stemming from a huge oil spill off the coast of Newfoundland in 2018.
Vacancies in Calgary's downtown office towers have risen to record levels and there's no landlord relief in sight with almost one in three offices sitting empty and sublets accounting for a quarter of available spaces on the market.