Markets & Investment

Oil holds near $72 after OPEC+ approves planned output hike

Thursday, September 2, 2021, 6:21 AM MDT

Global benchmark Brent oil was little changed, near $72 a barrel, after OPEC+ stuck with a plan to boost crude…

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Carbon offsets are next big bet for $3.2 billion Tribeca fund

Wednesday, September 1, 2021, 6:53 AM MDT

One hedge fund in Asia is betting big on the growing interest in carbon offsets to protect forests, as industries…

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Oil steady as traders count down final hours to OPEC+ meet

Wednesday, September 1, 2021, 6:41 AM MDT

Oil was little changed ahead of an OPEC+ meeting that should see further output added to a market that the…

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Alberta halves projected budget deficit to $7.8B; credits global boost in oil demand

Wednesday, September 1, 2021, 6:26 AM MDT

New numbers show Alberta's bottom line is on track to look better this fiscal year, but the province remains mired…

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‘Social movement’: Alberta's energy 'war room' planning broad new ad campaign

Wednesday, September 1, 2021, 6:12 AM MDT

Alberta's Canadian Energy Centre appears ready to be vocal again, planning a new campaign to “change perceptions'' about the province’s…

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Oil heads for biggest monthly loss this year before OPEC+ meets

Tuesday, August 31, 2021, 6:28 AM MDT

Oil headed for the biggest monthly loss since October as investors weighed the prospect of additional OPEC+ production and the…

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Ida: Economists foresee only modest damage to U.S. economy

Monday, August 30, 2021, 6:52 AM MDT

Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along…

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Funds holding $10 trillion are told their ESG goals fall short

Monday, August 30, 2021, 6:34 AM MDT

The world’s sovereign wealth funds, representing about $10 trillion in combined assets, will end on the wrong side of history…

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Trudeau pledges tighter rules for oil companies to cut emissions

Monday, August 30, 2021, 6:11 AM MDT

Prime Minister Justin Trudeau said his government would require Canada’s oil and gas sector to set benchmarks to reduce emissions…

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Gasoline jumps and oil falls as Ida landfall seen sparing rigs

Monday, August 30, 2021, 6:08 AM MDT

U.S. gasoline futures jumped after Hurricane Ida barreled ashore in Louisiana, disrupting processing facilities. Oil reversed early gains as local…

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Top CEOs urge diversification as Alberta grapples to find its place in changing world

Monday, August 30, 2021, 6:02 AM MDT

Susannah Pierce’s children aren't interested in following in her footsteps. The president of Shell Canada Ltd., one of Canada's largest…

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CAPP releases election wish list

Friday, August 27, 2021, 6:46 AM MDT

The Canadian Association of Petroleum Producers (CAPP) is asking federal leaders to focus on recovery, renewal and reconciliation as part…

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