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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
