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”…
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…
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…
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…
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+…
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…
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…
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…
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…
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…
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…
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…
