Markets & Investment
PSAC STARS & Spurs Safe@Home Raises $450,000
Tuesday, March 2, 2021, 9:49 AM MST
The 2021 PSAC STARS & Spurs campaign has nearly reached the halfway point of its $1 million donation goal raising…
Exxon board adds activist after attacks on returns, climate
Tuesday, March 2, 2021, 6:43 AM MST
Exxon Mobil Corp. appointed climate-minded activist investor Jeff Ubben and former Comcast Corp. executive Michael Angelakis to its board following…
OPEC production plunges as Saudis deliver extra oil cutbacks
Tuesday, March 2, 2021, 6:18 AM MST
OPEC’s crude production plunged last month as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global…
Oil sinks toward $60 before OPEC+ meets to decide on supplies
Tuesday, March 2, 2021, 6:10 AM MST
Oil held steady just days before many of the world’s largest producer nations meet to discuss how much crude they…
Oil powers ahead as critical OPEC+ meeting looms, markets rally
Monday, March 1, 2021, 6:22 AM MST
Oil rebounded from its biggest slump since November ahead of a key OPEC+ meeting that may see some supply returned…
Alberta budget holds out hope for Keystone XL with no provisions
Friday, February 26, 2021, 6:55 AM MST
Alberta’s budget came with no provisions for investments that the Canadian province made in the Keystone XL pipeline, even after…
Oil slumps with wider markets, denting record start to 2021
Friday, February 26, 2021, 6:47 AM MST
Oil’s record start to 2021 was under pressure from a firming dollar and a selloff in bond markets that spooked…
Alberta’s budget promises more help for COVID 19 with a hard deficit
Friday, February 26, 2021, 6:32 AM MST
Alberta's COVID-19-era budget made a hard landing Thursday with an $18.2-billion deficit but also a promise that good times will…
Oil advances from one-year high with global market tightening
Thursday, February 25, 2021, 6:43 AM MST
Oil extended gains from its highest close in more than a year on a slump in U.S. oil inventories and…
Crescent Point vows to pay down debt from Shell acquisition with rising oil profits
Thursday, February 25, 2021, 5:56 AM MST
The CEO of Crescent Point Energy Corp. says the company is poised to benefit from rising oil prices after two…
Oil rally extends with traders eyeing further price gains
Wednesday, February 24, 2021, 6:38 AM MST
Oil climbed again, with mixed news on global inventories offset by expectations of a prolonged market rally into the summer.…
ExxonMobil selling some assets for more than $1B
Wednesday, February 24, 2021, 6:21 AM MST
Exxon Mobil is selling most of its upstream assets in the United Kingdom central and northern North Sea to HitecVision…
