Markets & Investment

Chevron Canada to stop funding further feasibility work on Kitimat LNG project

Friday, March 19, 2021, 6:13 AM MDT

Chevron Canada Ltd. says it will stop funding further feasibility work on its proposed Kitimat LNG project on B.C.'s north…

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Oil is on longest run of declines in over a year as rally frays

Thursday, March 18, 2021, 6:39 AM MDT

Oil extended declines as inflation concerns rattled broader sentiment and physical markets in Asia cooled. West Texas Intermediate retreated for…

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Canada ‘concerned’ Mexico electricity law will harm clean energy investments

Wednesday, March 17, 2021, 7:08 AM MDT

Prime Minister Justin Trudeau’s government is worried that a recently amended electricity law in Mexico will harm Canadian investments in…

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Global oil demand won’t hit pre-virus level until 2023, IEA says

Wednesday, March 17, 2021, 6:58 AM MDT

Global oil demand won’t return to pre-pandemic levels until 2023, and growth will be subdued thereafter amid new working habits…

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Oil set for longest run of losses in six months as rally wavers

Wednesday, March 17, 2021, 6:49 AM MDT

Oil headed for its longest run on declines in over six months after the International Energy Agency said talk of…

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Alberta energy minister defends 'war room' petition against children's Bigfoot movie

Wednesday, March 17, 2021, 6:08 AM MDT

Alberta's energy minister is defending her government's attack on a children's movie about Bigfoot that she says is “quite offensive''…

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Chevron ‘greenwashing’ targeted in complaint filed with FTC

Tuesday, March 16, 2021, 6:59 AM MDT

Chevron Corp. is misleading consumers about its efforts to reduce greenhouse gas emissions, environmental groups said in what they described…

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Oil retreats below $65 with market awaiting demand recovery

Tuesday, March 16, 2021, 6:51 AM MDT

Oil retreated for a third day to trade below $65 a barrel, as the market awaits signs of further recovery…

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Making the case for petrochemicals in Western Canada

Tuesday, March 16, 2021, 6:32 AM MDT

Two seasoned veterans in natural gas liquids and petrochemicals promise to untangle the complexities of Western Canada’s petrochemical industry while…

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Corporate head office job losses a 'wake up call' for Calgary

Monday, March 15, 2021, 6:54 AM MDT

For the veteran Calgary oilman whose name adorns the downtown Gray Family Eau Claire YMCA, the recent closing of the…

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Pemex CEO touts discovery of possible billion-barrel field

Monday, March 15, 2021, 6:25 AM MDT

Petroleos Mexicanos discovered what’s expected to be a billion-barrel oil field in Tabasco as it aims to reverse a decade…

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Brent oil steadies above $69 as China’s recovery aids outlook

Monday, March 15, 2021, 6:19 AM MDT

Oil held above $69 a barrel in London after a raft of economic data from China added to signs of…

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