Markets & Investment

​Major new pipelines and mines must show path to 'net zero' to get approved

Friday, July 17, 2020, 6:13 AM MDT

Proposals for new mines, power plants, pipelines or railways in Canada will have to include plans to hit “net zero”…

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​Oil falls from four-month high after OPEC+ agrees to taper cuts

Thursday, July 16, 2020, 6:55 AM MDT

Oil retreated from its highest close in four months after the OPEC+ alliance confirmed it would start tapering output cuts…

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Premier's former campaign manager gets senior post with Alberta Energy Regulator

Wednesday, July 15, 2020, 8 PM MDT

Premier Jason Kenney is dismissing suggestions that the appointment of his former campaign manager to a senior post with the…

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​OPEC+ may temper output rise with extra oil cuts from cheats

Wednesday, July 15, 2020, 6:57 AM MDT

OPEC+ is seeking extra production cuts from members that have missed their targets again in June, potentially tempering the impact…

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​Oil rises with U.S. stockpiles set to drop, OPEC meeting on cuts

Wednesday, July 15, 2020, 6:39 AM MDT

Oil rose near its highest level since March as U.S. crude inventories looked set for a large drop and OPEC+…

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​Oilpatch optimism expected to rise as difficult second quarter finally ends

Tuesday, July 14, 2020, 7:13 AM MDT

A rebound in oil prices as consumer demand for gasoline rises will buoy energy companies as they give quarterly results…

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​Oil drops as the world’s emergence from virus lockdown slows

Tuesday, July 14, 2020, 6:56 AM MDT

Oil slipped for a second day on signs of a slower emergence from lockdown in some corners of the globe.Futures…

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​IMF: Mideast loses $270 billion oil income amid virus, recession

Tuesday, July 14, 2020, 6:13 AM MDT

The Middle East's energy producers are expected to earn $270 billion less in oil revenue compared to last year as…

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​Pieridae Energy says engineering company seeking exit from Goldboro LNG deal

Tuesday, July 14, 2020, 6:05 AM MDT

The engineering company hired to build the proposed Goldboro LNG export facility in Nova Scotia is withdrawing from an agreement…

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​Oil drops on signs OPEC+ preparing to taper production cutbacks

Monday, July 13, 2020, 6:36 AM MDT

Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering…

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​Oil slides on IEA’s virus warning and Libyan export restart

Friday, July 10, 2020, 7:14 AM MDT

Oil fell as the International Energy Agency said a jump in COVID-19 cases could derail the market recovery, while Libya…

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​Oil refineries in COVID hotspot of Texas grapple with outbreaks

Friday, July 10, 2020, 7:07 AM MDT

Oil refineries aren’t being spared as COVID-19 sweeps through Texas, which is setting records for new infections and hospitalizations in…

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