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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…