Lauren Krugel

Latest from Lauren Krugel

3-month outage begins at Fort McMurray upgrader as aging coke drums replaced

Oilsands giant Suncor in the midst of a multi-year project to replace eight original coke drums, dating back to 1967, at its Base Mine, with the goal of extending the upgrader's life by 30 years.

Veren shareholders approve $15B combination with Whitecap

Whitecap Resources is on track to join forces with Veren next week after shareholders of both companies gave their blessing for the $15-billion deal.

Dissident to fight board vote delay in court after Parkland, Sunoco ink $9.1B US deal

U.S. energy company Sunoco LP has signed an agreement to buy Parkland Corp. in a cash-and-stock deal valued at $9.1 billion US, including assumed debt.

Activist investor hasn't cleared bar to take control of Parkland board, says advisory firm

Activist investor Simpson Oil owns just under 20 per cent of Parkland Corp. shares and wants nine of its directors added to the organization's board at its May 6 shareholder meeting in Calgary.

Global crude prices plunge, dragging down Canadian energy stocks

Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector's outlook should the weakness persist.

Conservatives' energy corridor proposal has 'missing pieces,' says energy expert

The federal party's election promise to speed along infrastructure projects by designating a corridor where they'd be pre-approved could make building them more complicated.

Western Canadian business groups outline wish list ahead of federal election call

Business councils in B.C., Alberta, Saskatchewan and Manitoba jointly released a policy paper Friday titled 'Untapped Potential — Driving Canadian Prosperity Through Natural Resources.'

Energy sector CEOs call on Ottawa to use emergency powers to speed up key projects

In an open letter, the CEOs of 10 of the largest oil and natural gas companies and the four largest pipeline companies outlined their plan to strengthen Canadian economic sovereignty.

Canadian farmland values up 9%, but growth rate slowing

Average Canadian farmland values continued their more than 30-year streak of increases last year, but Farm Credit Canada says the rate of growth is slowing and trade disruptions could further dent them.

Parkland names two new directors as activist investor demands board shakeup

The Calgary-based fuel refiner and retailer, which is considering putting itself up for sale, has named Felipe Bayon and Sue Gove to its board of directors.