Markets & Investment

Oil surges to one-year high in New York as rally powers on

Tuesday, February 2, 2021, 6:46 AM MST

Oil surged again, rising above $55 a barrel in New York to its highest level in a year as the…

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ESG slowly seeping into oil and gas corporate structures

Tuesday, February 2, 2021, 6:35 AM MST

Canada’s energy industry is making progress in integrating environmental, social and governance (ESG) factors into its corporate structures, management systems…

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Top 10 producers ranked by Q3 capex – new data

Tuesday, February 2, 2021, 6:14 AM MST

Among producers focused solely on a North American asset base, Ovintiv Inc. recorded the highest capital spend in Q3 2020…

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Oil climbs with supply curbs and strong equities lifting market

Monday, February 1, 2021, 6:48 AM MST

Oil rose, following back-to-back weekly declines, as broader markets rallied. With headline prices largely range-bound over the past couple of…

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Oil holds steady amid economic data boost, fears over demand

Friday, January 29, 2021, 7:06 AM MST

Oil steadied amid surprisingly robust economic data from Europe, while the spread of a new COVID-19 variant and lockdowns raised…

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Petronas CEO touts LNG Canada's emissions benefits, warns delays could be costly

Friday, January 29, 2021, 6:13 AM MST

The president and group CEO of oil giant Petronas says the LNG Canada liquefied natural gas export facility now under…

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B.C. Hydro to offer 'clean' industries reduced rate as province aims to cut emissions

Friday, January 29, 2021, 6:06 AM MST

B.C. is partnering with the province's hydroelectric utility to offer a lower rate for some industries and public transportation agencies…

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Oil slips with broader slide overshadowing U.S. stockpile drop

Thursday, January 28, 2021, 6:43 AM MST

Oil declined as a slide across financial markets overshadowed the positive signal from the biggest draw in U.S. crude stockpiles…

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Cautious optimism rules oilpatch as fourth quarter reporting season dawns

Thursday, January 28, 2021, 6:24 AM MST

Canada’s oil and gas producers are expected to maintain spending discipline in 2021 as optimism from stronger oil prices is…

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Oil steady with market structure pointing to tight global supply

Wednesday, January 27, 2021, 6:14 AM MST

Oil steadied near $53 a barrel as signs of tightening supplies around the world offset concerns over the pandemic’s latest…

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Calgary-based Enerplus raises its bets on North Dakota oil play with US$465M takeover

Wednesday, January 27, 2021, 6:07 AM MST

Enerplus Corp. is increasing its bets on the Bakken light oil region in North Dakota through the purchase of a…

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Oil steady near $53 as demand fears mingle with tighter supply

Tuesday, January 26, 2021, 6:32 AM MST

Oil traded near $53 a barrel in New York as concerns over the pandemic’s latest hit to demand were tempered…

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