Markets & Investment

Oil moves ever closer toward $60 with inventories in retreat

Thursday, February 4, 2021, 6:24 AM MST

Oil prices continued their surge in the world’s major trading centers, fortified by shrinking stockpiles and continued investor optimism the…

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Hit by pandemic, oil giants Exxon, BP post huge 2020 losses

Wednesday, February 3, 2021, 6:10 AM MST

Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil…

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Industry unclear on governments’ role in advancing ESG integration

Wednesday, February 3, 2021, 6 AM MST

The energy industry has mixed views on how successful the federal and Alberta governments have been in advancing Canada’s sustainability…

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BP’s weak quarter shows big oil has barely begun COVID recovery

Tuesday, February 2, 2021, 6:53 AM MST

BP plc offered more evidence that Big Oil has barely begun to heal the wounds from last year’s historic slump.…

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Oil surges to one-year high in New York as rally powers on

Tuesday, February 2, 2021, 6:46 AM MST

Oil surged again, rising above $55 a barrel in New York to its highest level in a year as the…

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ESG slowly seeping into oil and gas corporate structures

Tuesday, February 2, 2021, 6:35 AM MST

Canada’s energy industry is making progress in integrating environmental, social and governance (ESG) factors into its corporate structures, management systems…

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Top 10 producers ranked by Q3 capex – new data

Tuesday, February 2, 2021, 6:14 AM MST

Among producers focused solely on a North American asset base, Ovintiv Inc. recorded the highest capital spend in Q3 2020…

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Oil climbs with supply curbs and strong equities lifting market

Monday, February 1, 2021, 6:48 AM MST

Oil rose, following back-to-back weekly declines, as broader markets rallied. With headline prices largely range-bound over the past couple of…

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Oil holds steady amid economic data boost, fears over demand

Friday, January 29, 2021, 7:06 AM MST

Oil steadied amid surprisingly robust economic data from Europe, while the spread of a new COVID-19 variant and lockdowns raised…

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Petronas CEO touts LNG Canada's emissions benefits, warns delays could be costly

Friday, January 29, 2021, 6:13 AM MST

The president and group CEO of oil giant Petronas says the LNG Canada liquefied natural gas export facility now under…

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B.C. Hydro to offer 'clean' industries reduced rate as province aims to cut emissions

Friday, January 29, 2021, 6:06 AM MST

B.C. is partnering with the province's hydroelectric utility to offer a lower rate for some industries and public transportation agencies…

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Oil slips with broader slide overshadowing U.S. stockpile drop

Thursday, January 28, 2021, 6:43 AM MST

Oil declined as a slide across financial markets overshadowed the positive signal from the biggest draw in U.S. crude stockpiles…

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