Markets & Investment


Shell mulls sale of U.S.’s largest oil field during climate push

Monday, June 14, 2021, 6:24 AM MDT

Royal Dutch Shell plc is reviewing its holdings in the largest oil field in the U.S., a possible sale that…

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Oil rises as confidence fades over quick return of Iran supply

Monday, June 14, 2021, 6:19 AM MDT

Oil hit a 32-month high as the rollout of coronavirus vaccines boosted demand expectations for Europe and the U.S., and…

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Brookfield challenges $289 million breakup fee on Inter Pipeline deal

Friday, June 11, 2021, 7:20 AM MDT

Brookfield Infrastructure Partners LP urged regulators to nullify a C$350 million ($289 million) termination fee attached to Pembina Pipeline Corp.’s…

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Global oil demand to hit pre-virus level next year, IEA says

Friday, June 11, 2021, 7:14 AM MDT

Global oil demand will recover to pre-pandemic levels late next year, the International Energy Agency predicted, urging OPEC and its…

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Oil poised for third weekly gain as IEA sees need for more crude

Friday, June 11, 2021, 6:44 AM MDT

Oil headed for a third straight weekly gain on signs of an improving demand outlook, with the International Energy Agency…

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Oil holds steady after U.S. build as focus turns to inflation

Thursday, June 10, 2021, 6:38 AM MDT

Oil erased losses as traders awaited inflation data, after an increase in U.S. fuel stockpiles brought crude’s rally to a…

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Low clean-energy spending in poor countries puts climate goals in peril

Wednesday, June 9, 2021, 6:32 AM MDT

As the world’s richest economies invest in new and cleaner power supplies, it’s vital for everyone that poorer nations don’t…

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Oil extends gains with Iran sanctions unresolved, better demand

Wednesday, June 9, 2021, 6:09 AM MDT

  Crude extended gains after an industry report showed another draw in U.S. crude inventories, while Iran said a deal…

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Oil extends decline as rally falters after hitting 2018 high

Tuesday, June 8, 2021, 6:31 AM MDT

Oil fell for a second session after a rally that saw prices hit $70 a barrel in New York for…

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Caisse company to own natural gas distributor Energir after $1.14B deal with Enbridge

Tuesday, June 8, 2021, 6:07 AM MDT

A company controlled by the Caisse de depot et placement du Quebec will fully own Quebec's main natural gas distributor…

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Morgan Stanley shuts Calgary office as Canadian energy struggles

Monday, June 7, 2021, 6:43 AM MDT

Morgan Stanley has closed its Calgary investment banking office, according to people familiar with the matter, as Canada’s energy industry…

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Rosneft warns of ‘severe’ oil shortage amid hasty energy shift

Monday, June 7, 2021, 6:37 AM MDT

Russian oil giant Rosneft PJSC warned of an impending shortfall in supply as global producers increasingly channel funds into a…

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