Markets & Investment
Oil gains with OPEC+ and BP seeing a strong demand recovery
Tuesday, April 27, 2021, 6:42 AM MDT
Oil climbed amid signs for demand is improving, even as Covid-19 flare-ups in India and other nations dragged on the…
AltaGas sells non core U.S. natural gas transport and storage assets for $344 million
Tuesday, April 27, 2021, 6:21 AM MDT
Shares in AltaGas Ltd. are on the rise after it announced it has sold its U.S. transportation and storage business…
Collaboration key to meeting resource sector sustainability goals
Monday, April 26, 2021, 1:13 PM MDT
In central Alberta, just outside the farming community of Lacombe, exists a unique collaboration between a greenhouse vegetable grower and a private natural…
Exxon investors warned by activist fund on climate risks: Financial Times
Monday, April 26, 2021, 6:35 AM MDT
Exxon Mobil Corp. is being warned by activist hedge fund Engine No. 1 it faces an “existential business risk” by…
Big Oil sees cash rolling in, but investors won’t get it yet
Monday, April 26, 2021, 6:31 AM MDT
After one of the most difficult years in the oil industry’s history, crude prices have recovered and major producers are…
Oil buckles under pressure from India’s Covid-19 resurgence
Monday, April 26, 2021, 6:22 AM MDT
Oil fell as India’s worsening Covid-19 crisis weighed on the near-term outlook for demand ahead of a key OPEC+ meeting…
Oil pares gain with market weighing mixed demand signals
Friday, April 23, 2021, 6:17 AM MDT
Oil pared an earlier gain as investors assessed a patchwork recovery in energy demand, with signs of a rebound from…
Oil extends losing run on record-breaking virus cases in India
Thursday, April 22, 2021, 6:15 AM MDT
West Texas Intermediate slipped 0.6 per cent following a 2.1 per cent decline on Wednesday, when U.S. government data showed…
Historic oil glut amassed in the pandemic almost gone
Wednesday, April 21, 2021, 6:25 AM MDT
The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing…
Oil drops on resurgent virus, reported build in U.S. stockpiles
Wednesday, April 21, 2021, 6:21 AM MDT
Oil fell amid concern that a resurgent virus will hurt demand in some economies, while industry data showed a slight…
Hedging a “$7.6 billion lifeline” for North American producers in 2020 – new report
Tuesday, April 20, 2021, 6:57 AM MDT
Evaluate Energy’s latest report shows that 72 U.S. and Canadian companies gained a combined $7.6 billion thanks to settled oil…
Oil marks anniversary of crash below zero with rally above $64
Tuesday, April 20, 2021, 6:31 AM MDT
Oil jumped above $64 a barrel, a year to the day after futures for the U.S. benchmark collapsed below zero,…
