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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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.…

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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…

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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.…

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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…

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