Markets & Investment

Inter Pipeline shares jump as higher bids expected in Brookfield takeover bid

Friday, February 12, 2021, 6:19 AM MST

A proposed hostile takeover of Inter Pipeline Ltd. by its largest shareholder, Brookfield Infrastructure Partners LP, will likely turn into…

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'Political gunfight:' Environmental law group challenges Alberta oil inquiry in court

Friday, February 12, 2021, 6:11 AM MST

An environmental charity is arguing an inquiry into alleged foreign-led campaigns targeting the oil and gas sector set out to…

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Shares in both Arc Resources and Seven Generations jump on news of oilpatch merger

Friday, February 12, 2021, 6:01 AM MST

Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the…

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ARC Resources, Seven Generations Energy announce merger

Thursday, February 11, 2021, 7:08 AM MST

ARC Resources Ltd. and Seven Generations Energy Ltd. announced Wednesday a strategic combination of the two Montney producers. The companies…

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IEA says oil market recovery still fragile as virus persists

Thursday, February 11, 2021, 6:36 AM MST

The re-balancing of global oil markets remains “fragile” amid weaker estimates for demand and a recovery in supplies, the International…

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Oil edges lower after posting longest run of gains in two years

Thursday, February 11, 2021, 6:20 AM MST

Oil edged lower after capping the longest run of gains in two years, as the IEA cautioned that the recovery…

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Brookfield Infrastructure Partners makes bid to take Inter Pipeline private

Thursday, February 11, 2021, 6:13 AM MST

Brookfield Infrastructure Partners LP has made an unsolicited offer to take Inter Pipeline Ltd. private with a proposal to buy the…

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Oil extends longest rising streak in two years as stocks drain

Wednesday, February 10, 2021, 6:49 AM MST

Oil rose again to extend the longest run of gains in two years with an industry report showing falling U.S.…

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Oil near $60 with rally on tighter market grinding to a halt

Tuesday, February 9, 2021, 6:30 AM MST

Oil erased earlier gains, but remained above $60 a barrel in London, on signs that a recent rally in headline…

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Brent oil tops $60 as demand recovers after COVID-19 devastation

Monday, February 8, 2021, 6:11 AM MST

Oil in London rose above $60 a barrel for the first time in more than a year as stockpiles tighten…

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Oil climbs within sight of $60 with global supplies tightening

Friday, February 5, 2021, 6:27 AM MST

Oil rose toward $60 a barrel in London as supplies continue to tighten while the demand outlook improves with the…

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Shell deepens Big Oil’s disappointment with earnings miss

Thursday, February 4, 2021, 6:34 AM MST

Royal Dutch Shell plc deepened the disappointment of Big Oil’s fourth quarter, reporting net income that fell short of expectations…

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