Markets & Investment

Vermilion Energy reports $69.9M third quarter loss, sales down from year ago

Tuesday, November 10, 2020, 6:30 AM MST

Vermilion Energy Inc. says it lost $69.9 million in its third quarter compared with a loss of $10.2 million in…

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Headwater Exploration signs $100M deal to buy Cenovus's Marten Hills assets

Monday, November 9, 2020, 7:19 AM MST

Headwater Exploration Inc. has signed a deal with Cenovus Energy Inc. to buy Cenovus's assets in the Marten Hills area…

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Oil jumps by most since June on COVID vaccine progress

Monday, November 9, 2020, 6:59 AM MST

Oil in London jumped by the most since June as Pfizer Inc. reported a potential COVID-19 vaccine breakthrough. Crude futures…

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Oil drops below $38 on surging virus, close U.S. election race

Friday, November 6, 2020, 6:49 AM MST

Oil fell a second day, dropping below $38 a barrel in New York, as a surging coronavirus and uncertain U.S.…

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Oil slips with Biden on the brink of victory in U.S. election

Thursday, November 5, 2020, 6:33 AM MST

Oil snapped three days of gains, with Democratic nominee Joe Biden on the brink of a narrow victory in the…

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Canadian Natural Resources reports $408 million third quarter profit

Thursday, November 5, 2020, 6:12 AM MST

Canadian Natural Resources Ltd. says it earned a third-quarter profit of $408 million, down from nearly $1.03 billion in the…

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Tourmaline Oil buys two privately held oil and gas firms

Thursday, November 5, 2020, 6:09 AM MST

Tourmaline Oil Corp. says it is buying two privately held oil and gas companies producing 76,000 barrels of oil equivalent…

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Shale CEO backs stand-alone view, says peer deals ‘self-serving’

Wednesday, November 4, 2020, 7:21 AM MST

Diamondback Energy Inc. hasn’t participated in the latest wave of shale mergers and acquisitions, and its chief executive officer told…

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Oil jumps as U.S. vote count stretches on

Wednesday, November 4, 2020, 6:34 AM MST

Oil rose as tight races in key battleground states in the U.S. election left investors scrambling to parse the shifting…

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Guide released to help First Nations navigate new federal environmental assessment rules related to resource projects

Tuesday, November 3, 2020, 6:41 AM MST

First Nations will have a greater say on how resource projects like mines and pipelines get approved under the new…

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B.C. resource sector seeks gas subsidies, stumpage reform

Tuesday, November 3, 2020, 6:32 AM MST

Throughout a pandemic lockdown that closed so many businesses in B.C. this year, natural resources was the one sector of…

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Oil gains on weaker dollar, OPEC+ hints at delaying output hike

Tuesday, November 3, 2020, 6:09 AM MST

Oil gained following the broader risk-on sentiment in markets, and as OPEC+ inches closer to delaying a planned easing of…

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