Markets & Investment
Throne speech to talk short, and long-term plans as cases rise, prompting PM address
Wednesday, September 23, 2020, 7:02 AM MDT
The federal Liberals' throne speech Wednesday is to lay out plans for child care, health care, affordable housing and navigating the…
Oil rises with equities advancing and citi staying bullish
Wednesday, September 23, 2020, 6:36 AM MDT
Oil edged higher as positive European manufacturing data and rising equity markets gave some respite to recent demand worries. Futures…
Canadian crude-by-rail exports fall to another eight-year low in July
Wednesday, September 23, 2020, 6:13 AM MDT
Canadian exports of crude oil-by-rail fell to another eight-year low in July despite the gradual recovery of North American fuel…
Inter Pipeline signs deal to sell majority of European storage business
Wednesday, September 23, 2020, 6:10 AM MDT
A year after putting its European bulk liquid storage business on the block, Inter Pipeline Limited has signed a deal…
Obsidian Energy formalizes share swap bid for Calgary rival Bonterra Energy
Tuesday, September 22, 2020, 6:24 AM MDT
Obsidian Energy Ltd. is formalizing its hostile takeover bid for rival Bonterra Energy Corp. It says it will offer two…
Oil declines on signs of Libya restart with virus cases growing
Monday, September 21, 2020, 7:01 AM MDT
Oil declined as Libya signaled the resumption of some crude exports, while surging coronavirus cases clouded the outlook for demand…
TC Energy’s Girling to retire at year end, New CEO named
Monday, September 21, 2020, 6:45 AM MDT
TC Energy Corporation’s chief executive officer and president Russ Girling is stepping down after 10 years at the helm. Girling…
North American upstream asset impairments exceed $100 billion in first half of 2020
Monday, September 21, 2020, 6:23 AM MDT
The value of asset impairments recorded by under-pressure North American upstream producers exceeded $100 billion during the first half of…
Court orders recalculation of $1.4 billion in damages, supports Dow in Nova lawsuit
Friday, September 18, 2020, 6:35 AM MDT
Both sides are welcoming an Alberta Court of Appeal ruling that supports a trial judge decision in favour of Dow…
Oil falls after Libyan warlord says exports can resume
Friday, September 18, 2020, 6:28 AM MDT
Oil fell on Friday, paring its biggest weekly gain since June, as Libyan military commander Khalifa Haftar said he will…
Oil steadies before OPEC+ review meeting on tackling oversupply
Thursday, September 17, 2020, 6:42 AM MDT
Oil steadied after its biggest surge since June as the OPEC cartel and its partners prepared to assess a downbeat…
An oil giant’s case for peak demand, even without climate heroics
Thursday, September 17, 2020, 6:30 AM MDT
One of the biggest international oil companies has concluded that oil consumption will peak this decade. That’s the main takeaway…
