Markets & Investment
Investor pressure on companies including Enbridge, BP boosted climate disclosures in 2020
Wednesday, January 13, 2021, 7:23 AM MST
Companies are more than twice as likely to report climate risk data when investors actively pressure them to do so, according to a…
CAPP forecasts more than $3 billion boost in planned upstream spending for 2021
Wednesday, January 13, 2021, 7:18 AM MST
The Canadian Association of Petroleum Producers (CAPP) is forecasting that oil and gas companies will spend $27.3 billion in 2021,…
Oil creeps above $53 as cold weather adds to market tightness
Wednesday, January 13, 2021, 6:20 AM MST
Oil crept higher, with a demand increase from cold weather the latest addition to a rally that has pushed crude…
U.S., Canada prominent in decade’s Top 10 E&P deals – new data
Tuesday, January 12, 2021, 6:51 AM MST
Three Canadian upstream M&A deals rank in the 10 largest E&P transactions by acquisition value around the world in the…
HSBC shareholders ask bank to cut fossil-fuel lending exposure
Tuesday, January 12, 2021, 6:29 AM MST
A group of HSBC holdings plc shareholders have filed a resolution urging the bank to cut its support to the…
Oil hits fresh 10-month high amid U.S. dollar’s drop
Tuesday, January 12, 2021, 6:17 AM MST
Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced…
Oil dips below $52 with dollar rising as rally takes a breather
Monday, January 11, 2021, 6:49 AM MST
Oil edged lower as the dollar strengthened, with the steam coming out of a rally that pushed crude to the…
Cascade Power Project with First Nations’ multi-million dollar equity stake wins international award
Monday, January 11, 2021, 6:24 AM MST
Cascade Power has won an international award for innovation in First Nations partnership and long-term contracting strategy. Project Finance International…
Brent oil hits $55 with Saudi cuts adding fuel to vaccine rally
Friday, January 8, 2021, 7:04 AM MST
Brent oil topped $55 a barrel for the first time since February as gains in broader markets added to investor…
Biodiversity, supply chain rank among biggest ESG themes in 2021
Friday, January 8, 2021, 6:53 AM MST
In a year when the pandemic sent the world into a tailspin, there was a silver lining for the world…
B.C. health-care workers add their names to list calling on closure of work camps during pandemic
Friday, January 8, 2021, 6:28 AM MST
An open letter written by female chiefs calling on the province to close work camps during the pandemic is being…
Ontario students push teachers to pressure pension fund to divest from fossil fuels
Friday, January 8, 2021, 6:09 AM MST
An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or…
