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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
