Resources & Agriculture

Downturn in final quarter of the year prompted mill curtailments and closures across northern B.C.

CALGARY — Crescent Point Energy Corp. says its $900-million acquisition of Shell Canada's Kaybob Duvernay assets in 2021 has performed so well that the assets will have paid for themselves by the end of the first quarter of 2023.

A long-awaited beef competitiveness study will soon be made public, according to the general manager of Alberta Beef Producers.

Supply chain disruptions, fibre shortages and the closure of P.G. Pulp and Paper pulp line contributed to the loss.

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.