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…
'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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
