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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.