Markets & Investment

Oil edges up with strong factory data countering virus concern

Friday, October 23, 2020, 6:46 AM MDT

Oil rose as strong European manufacturing data helped offset demand concerns as a second coronavirus wave spread across the continent.…

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Oil rises near $40 a barrel after biggest decline in two weeks

Thursday, October 22, 2020, 6:32 AM MDT

Oil rose near $40 a barrel in New York after the biggest drop in two weeks on Wednesday following a…

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Suncor studies sale of North Sea oil and gas fields

Wednesday, October 21, 2020, 6:40 AM MDT

Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according…

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Oil falls after report shows surprise U.S. crude stockpile gain

Wednesday, October 21, 2020, 6:32 AM MDT

Oil dropped after an industry report pointed to a surprise increase in American crude stockpiles, countering optimism over a potential…

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Q2 2020 – Lowest cost natural gas producers in North America

Wednesday, October 21, 2020, 6:05 AM MDT

Peyto Exploration & Development Corp. and ARC Resources Ltd. rank among North America’s lowest-cost natural gas producers, according to the…

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Oil slides with OPEC+ warning of precarious market outlook

Tuesday, October 20, 2020, 6:37 AM MDT

Oil extended declines as OPEC+ warned of a precarious outlook for the market while a resurgent virus hits consumption. Saudi…

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Alberta legislature to resume Tuesday; focus to be on economic recovery

Tuesday, October 20, 2020, 6:09 AM MDT

Alberta politicians are to return to the legislature Tuesday with a plan to discuss up to 20 new bills –…

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Alberta cuts deal on municipal oilpatch levies; not on unpaid property taxes

Tuesday, October 20, 2020, 6:05 AM MDT

Alberta has announced a three-year deal that it says will prevent municipal taxes and levies from harming its already battered…

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Oil price stall, global uncertainty prompt caution as oil firms roll out Q3 reports

Tuesday, October 20, 2020, 6:03 AM MDT

Higher oil prices are expected to bolster returns as Canadian energy companies report third-quarter results over the next few weeks…

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Rising Star turns side hustle into new career

Tuesday, October 20, 2020, 6 AM MDT

One of this year’s Rising Stars has launched a fast-growing tech company that shows no signs of slowing down despite…

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Conoco to buy Concho for $9.7 billion to create shale giant

Monday, October 19, 2020, 7:07 AM MDT

ConocoPhillips agreed to buy Concho Resources Inc. for about $9.7 billion in stock, the largest shale industry deal since the…

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Oil slips near $41 before OPEC+ meets to assess state of market

Monday, October 19, 2020, 6:46 AM MDT

Oil slid near $41 a barrel in New York before an OPEC+ meeting to assess the state of the market…

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