Canada News

Doug Shea, drill informant for EnCana, is pictured at an EnCana gas drilling well east of Calgary, Alberta, February 15, 2007. REUTERS/Todd Korol

EnCana to split in two with oil at record highs

Reuters - 2 hours, 2 minutes ago

CALGARY, Alberta (Reuters) - EnCana Corp, Canada's biggest energy company, said on Sunday it plans to split into two separate oil and natural gas firms in an effort to wring out more value with crude prices at record highs.

  • Czech Republic's Ales Kotalik (L) scores the game winning goal on Belarus goalie Vitali Koval during shootouts at the 2008 IIHF World Hockey Championships in Quebec City, May 10, 2008. REUTERS/Mathieu Belanger
    Latvia beat Norway to keep quarter-final hopes alive Reuters - Sun May 11, 2:35 PM ET

    HALIFAX, Nova Scotia (Reuters) - Latvia thumped Norway 4-1 at the ice hockey world championships on Sunday to keep alive their hopes of a place in the quarter-finals.

  • Singer and director Neil Young poses during a photocall to present his Film "Deja Vu" in Berlin February 8, 2008. REUTERS/Johannes Eisele
    Neil Young gets new honor -- his own spider Reuters - Sun May 11, 2:52 PM ET

    LOS ANGELES (Reuters) - Iconic singer and songwriter Neil Young has had an honor bestowed upon him that is not received by many musicians -- his own spider.

  • Tests show no disease outbreak on Canadian train Reuters - Sat May 10, 4:56 PM ET

    TORONTO (Reuters) - Lab exams confirmed on Saturday that there was no infectious disease outbreak on a cross-Canada train that was held in quarantine on Friday in northern Ontario after a passenger aboard died.

  • Canadian one dollar coins, also known as loonies, are displayed in Montreal, September 19, 2007. Canadian shoppers still pay more for many retail goods than U.S. shoppers do, but the wide price gap has narrowed considerably since the Canadian dollar rose to match the U.S. one last year. REUTERS/Christinne Muschi/Files
    Canadian shoppers see some gains as C$ holds firm Reuters - Fri May 9, 11:18 AM ET

    TORONTO (Reuters) - Canadian shoppers still pay more for many retail goods than U.S. shoppers do, but the wide price gap has narrowed considerably since the Canadian dollar rose to match the U.S. one last year.

  • Canadian WW1 vet to become a Canadian citizen Reuters - Fri May 9, 4:58 PM ET

    VANCOUVER, British Columbia (Reuters) - Canada's last known surviving veteran of World War One is becoming a Canadian citizen, the government said on Friday.

  • Canada's Foreign Affairs Minister Maxime Bernier speaks during Question Period in the House of Commons on Parliament Hill in Ottawa April 16, 2008. REUTERS/Chris Wattie
    Bernier faces pressure over ex-girfriend Reuters - Thu May 8, 4:09 PM ET

    OTTAWA (Reuters) - The foreign minister faced pressure to quit on Thursday, as the opposition questioned his judgment and charged he had had a relationship with a woman who once had ties to organized crime.

  • Guantanamo judge threatens to halt Canadian case Reuters - Thu May 8, 3:43 PM ET

    GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) - A Guantanamo war court judge threatened on Thursday to halt the case of a Canadian terrorism suspect captured at age 15 if the U.S. government fails to turn over records of his detention.

  • Japan Petroleum to expand Canadian oil sands project Reuters - Thu May 8, 4:03 PM ET

    CALGARY, Alberta (Reuters) - Japan Canada Oil Sands Ltd, a unit of Japan Petroleum Exploration Co said on Thursday it plans to expand its Canadian oil sands operation to produce up to an additional 35,000 barrels a day by 2014.

  • Problems plague Canada's emissions trading plans Reuters - Thu May 8, 6:55 PM ET

    COLOGNE, Germany (Reuters) - Just as Canada is set to launch a domestic carbon emissions trading scheme in a bid to curb its rising greenhouse gas emissions, a number of issues have surfaced, casting doubt on the country's plans.