Markets & Investment
Oil steady near $70 with dollar rising and demand outlook mixed
Friday, March 12, 2021, 6:54 AM MST
Oil steadied with the market facing a mixed demand outlook after a recent rally and the dollar climbing. Futures in…
Manitoba premier says public will have say on future megaprojects
Friday, March 12, 2021, 6:25 AM MST
Manitoba Premier Brian Pallister promised Thursday to ensure that any large capital projects in the future will be put to…
Tourmaline Oil CEO says oilpatch acquisition environment still 'positive'
Friday, March 12, 2021, 6:15 AM MST
The CEO of Tourmaline Oil Corp. says there are still plenty of potential acquisition targets in Western Canada but that…
Shell names ex-mining boss as chair, offers 50% female board
Thursday, March 11, 2021, 6:25 AM MST
Royal Dutch Shell plc appointed former BHP Group executive Andrew Mackenzie as chairman, and said its board would have as…
Oil climbs above $65 on signs of rising U.S. fuel demand
Thursday, March 11, 2021, 6:18 AM MST
Oil rose as the dollar declined and a fall in U.S. gasoline inventories offered a signal of recovering consumption. Futures…
Just Energy granted court protection from creditors after Texas storm losses
Thursday, March 11, 2021, 6:12 AM MST
Canadian natural gas and electricity retailer Just Energy Group Inc. says it has received court protection from creditors in Canada…
Tourmaline Oil reports Q4 earnings of $629 million and 12 per cent production rise
Thursday, March 11, 2021, 6:06 AM MST
Tourmaline Oil Corp. is reporting higher fourth-quarter earnings and production along with a 14 per cent increase in its dividend…
Oil fluctuates near $64 ahead of U.S. stockpile figures
Wednesday, March 10, 2021, 6:25 AM MST
Oil bounced between gains and losses before data on U.S. oil stockpiles due later. Futures in New York crept higher…
Inter Pipeline board unanimously rejects Brookfield Infrastructure hostile offer
Wednesday, March 10, 2021, 6 AM MST
The board of directors at Inter Pipeline Ltd. has unanimously rejected a hostile takeover offer by Brookfield Infrastructure Partners LP.…
Modernizing SAP for the post-pandemic future of energy
Tuesday, March 9, 2021, 2:10 PM MST
Canada’s oil and gas industry faced a number of major disruptions in 2020. The COVID-19 pandemic and commodity price crash…
SNC Lavalin reports Q4 loss deepens from year ago, revenue down
Tuesday, March 9, 2021, 6:51 AM MST
SNC-Lavalin Group Inc. reported its loss for its fourth quarter deepened compared with a year earlier as its revenue fell.…
Oil trades above $65 with sliding dollar aiding prices
Tuesday, March 9, 2021, 6:25 AM MST
Oil reversed an earlier decline to trade above $65 as the dollar slipped. Futures in New York bounced between gains…
