While Cenovus benefited in the third quarter from higher commodity prices, it also saw its upstream production in the quarter increase by nine per cent from the second quarter.
Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and ongoing efforts to optimize its Burnaby refinery.
The group behind a proposed carbon capture and storage network for Alberta's oilsands is watching the Trans Mountain pipeline expansion's latest regulatory hurdles with dismay.