Markets & Investment

Higher oil prices boosting Alberta's bottom line as budget looms Thursday: Kenney

Wednesday, February 24, 2021, 6:15 AM MST

Premier Jason Kenney says a recent bump in energy prices in the third quarter of the current budget is helping…

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Inter Pipeline urges shareholders to ignore Brookfield bid, wait for review results

Wednesday, February 24, 2021, 6:04 AM MST

A formalized takeover bid for Inter Pipeline Ltd. that matches an informal offer made about two weeks ago suggests that…

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Texas refiners rush to fix leaks, burst pipes plaguing restarts

Tuesday, February 23, 2021, 6:33 AM MST

Refineries in Texas are finding a return to normal after last week’s Arctic blast and widespread power outages is a…

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Oil climbs near $62 with tightening market boosting outlook

Tuesday, February 23, 2021, 6:11 AM MST

Oil rose near $62 a barrel with investment banks and traders predicting the market’s rally can go further. Futures in…

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Top 10 wind power deals – free download

Tuesday, February 23, 2021, 5:52 AM MST

New data from Evaluate Energy shows that 74 GW in existing and future wind power generation capacity have changed hands…

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Exxon pushed for net-zero goal by activist shareholder

Monday, February 22, 2021, 6:40 AM MST

Exxon Mobil Corp. has already upped its climate plans, only three months into an activist investor’s campaign to force change…

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Brent oil climbs back above $63 with Goldman seeing more gains

Monday, February 22, 2021, 6:30 AM MST

Brent oil resumed gains, with Goldman Sachs Group Inc. predicting prices will advance into the $70s in the coming months.…

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Sale of Heartland Petrochemical Complex one option under review: Inter Pipeline CEO

Monday, February 22, 2021, 6:17 AM MST

The CEO of Inter Pipeline Ltd. says the Calgary-based company's review of strategic alternatives announced Thursday could include the sale…

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Oil giving up big-freeze gains with wells slowly restarting

Friday, February 19, 2021, 6:59 AM MST

Oil fell for a second day as production slowly restarted in Texas and the White House said it would be willing…

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Inter Pipeline reviews options in response to hostile Brookfield takeover bid

Friday, February 19, 2021, 6:33 AM MST

Inter Pipeline Ltd. says it has initiated a review of strategic alternatives in response to a hostile takeover bid launched…

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Unpaid Alberta oilpatch property taxes triple in two years: rural municipalities

Friday, February 19, 2021, 6:18 AM MST

The exponential growth of unpaid property taxes from Alberta’s struggling oilpatch is threatening small communities and they need new ways…

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Oil briefly tops $65 in London amid shockwaves from U.S. freeze

Thursday, February 18, 2021, 6:22 AM MST

Brent crude briefly surpassed $65 a barrel for the first time in a year as a cold blast that’s pummelled…

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