Markets & Investment

Chesapeake seeks to sell south Texas shale assets for $2 billion

Friday, April 30, 2021, 6:46 AM MDT

Chesapeake Energy Corp., the once mighty shale explorer that exited bankruptcy earlier this year, is seeking to sell oil-producing assets…

Read Article

Exxon rebounds to first profit since 2019 on crude surge

Friday, April 30, 2021, 6:35 AM MDT

Exxon Mobil Corp. snapped a record streak of losses as rising oil and natural gas prices bolstered one of the…

Read Article

Oil drops with recent global markets rally taking a breather

Friday, April 30, 2021, 6:25 AM MDT

Futures in New York dropped 1.1 per cent on Friday as raw materials cooled from a scorching rally, while the…

Read Article

Whitecap touts carbon capture growth opportunities, reports Q1 record production

Friday, April 30, 2021, 6:09 AM MDT

The CEO of Whitecap Resources Inc. says his company is working to expand its ability to capture, store and use…

Read Article

Baytex Energy raises spending budget, production guidance, as oil prices strengthen

Friday, April 30, 2021, 6:05 AM MDT

Baytex Energy Corp. is increasing its 2021 capital budget and production guidance as it reports a smaller first-quarter net loss…

Read Article

Shell pays down debt as profit surges by more than expected

Thursday, April 29, 2021, 6:31 AM MDT

Royal Dutch Shell plc took the opportunity to pay down its heavy debt burden as profit surged by more than…

Read Article

Oil rises from 6-week high with demand optimism spurring gains

Thursday, April 29, 2021, 6:27 AM MDT

Oil extended gains after closing at a six-week high as signs of strengthening demand in key markets offset concerns a…

Read Article

Vermilion Energy's Q1 production and net earnings rise with oil and gas prices

Thursday, April 29, 2021, 6:16 AM MDT

Vermilion Energy Inc. says it beat its own guidance for production in the first quarter as net income jumped to…

Read Article

Brookfield Infrastructure says takeover target Inter Pipeline denying data access

Wednesday, April 28, 2021, 10:52 AM MDT

In the latest shot fired in the battle for Inter Pipeline Ltd., Brookfield Infrastructure Partners LP charges it hasn’t been…

Read Article

$19 billion in upstream deals worldwide in Q1 2021

Wednesday, April 28, 2021, 10:51 AM MDT

Evaluate Energy’s latest report shows that global upstream M&A deal spending totalled $19 billion during Q1. Deal counts show an…

Read Article

Oil gains a second day with OPEC+ signaling confidence in demand

Wednesday, April 28, 2021, 6:18 AM MDT

Oil rose after OPEC+ confirmed it would proceed with its plan to add more barrels to the market, despite a…

Read Article

Tanker spills oil into sea off China’s key refining port

Tuesday, April 27, 2021, 6:56 AM MDT

A Liberia-flagged tanker has spilled oil into the Yellow Sea, causing potential environmental damage and disruption off China’s largest crude-receiving…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.