Husky Energy Inc. announced late Wednesday that president and chief executive Asim Ghosh, 68, will retire in December. Mr. Ghosh has led the Canadian heavy oil and processing company since June 2010, when he took over from then-CEO John Lau.
Suncor reported a $392 million net profit in the third quarter of the year, well exceeding some analyst expectations of a loss. Canada's largest energy company says that it pulled cash operating costs per barrel of oil down by 18 per cent over the past ...
Canadian oil producer Cenovus Energy Inc reported a quarterly loss, compared with profit in the year-ago period, when it recorded a $1.9-billion after-tax gain.
Saskatoon voters have elected Charlie Clark as the city's mayor-elect. Clark defeated incumbent Don Atchison who was seeking a fifth term.
The fight over the Muskrat Falls hydroelectric project in Labrador appears to have stopped short of reaching a crisis point - including fears around the fate of three protesters staging a hunger strike - for now.