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Resources & Agriculture

Cenovus says extreme winter weather affected refinery production

Cenovus says extreme winter weather affected refinery production

CALGARY — Cenovus Energy Inc. says its refinery throughput for the fourth quarter of 2022 and the first quarter of 2023 will be weaker than expected.
Energy price volatility to continue in 2023 amid geopolitical uncertainty: Deloitte

Energy price volatility to continue in 2023 amid geopolitical uncertainty: Deloitte

TORONTO — Deloitte says energy prices will likely be volatile in the first quarter of 2023 as geopolitical uncertainty continues.
NorthWest Copper's economic assessment proposes $567.9M copper/gold mine

NorthWest Copper's economic assessment proposes $567.9M copper/gold mine

Twelve-year lifespan predicted for combined open-pit/underground operation, 290 km northwest of Prince George
Vermilion Energy raises quarterly dividend, plans $570M capital budget for 2023

Vermilion Energy raises quarterly dividend, plans $570M capital budget for 2023

CALGARY — Vermilion Energy Inc. raised its dividend by 25 per cent as it announced a $570 million capital budget for 2023.
Was jet fuel from China made from Russian oil?

Was jet fuel from China made from Russian oil?

Delivery of jet fuel from China raises questions about loopholes in sanctions
Site C dam more than 70% complete

Site C dam more than 70% complete

Dam on schedule for first power in 2024, completion in 2025 after 'busiest construction season yet', says BC Hydro
Coastal GasLink pipeline more than 80% complete

Coastal GasLink pipeline more than 80% complete

Construction of the 670-km natural gas pipeline across northern B.C. is expected to be completed this year.
Canfor extending temporary sawmill curtailments in B.C.

Canfor extending temporary sawmill curtailments in B.C.

VANCOUVER — Canfor Corp. is extending sawmill curtailments in B.C. due to what it says are ongoing weak market conditions and a lack of available economic fibre.
Aurora Cannabis closes sale of Aurora Polaris facility for $15M in gross proceeds

Aurora Cannabis closes sale of Aurora Polaris facility for $15M in gross proceeds

EDMONTON — Aurora Cannabis Inc. says it has closed the sale of its Aurora Polaris facility. The company says gross proceeds from the sale totalled about $15 million.
Domtar-Resolute Forest Products merger gets green light

Domtar-Resolute Forest Products merger gets green light

The Canadian Competition Bureau has cleared the way for a $3.7 billion acquisition that will make Richmond-headquartered Paper Excellence Group one of the largest forestry companies in North America.