Oil & Gas

Enbridge reports $1.9 billion first quarter profit compared with a loss a year ago

Friday, May 7, 2021, 6:29 AM MDT

Enbridge Inc. reported a first-quarter profit of $1.9 billion compared with a loss of $1.4 billion in the same quarter…

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Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility's capacity

Friday, May 7, 2021, 6:14 AM MDT

The company proposing the Woodfibre LNG export project near Squamish, B.C., says it has struck a second sales contract with…

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Tourmaline Oil posts $248 million Q1 profit on higher oil and gas prices, volume boost

Thursday, May 6, 2021, 6:14 AM MDT

Tourmaline Oil Corp. is reporting positive net income in the first quarter thanks to higher oil and gas prices and…

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Spud highlights for Q1 2021 reported in geoXPLORER

Wednesday, May 5, 2021, 1:15 PM MDT

Producers tested play boundaries during the first quarter of 2021 in several areas for the Montney, Duvernay, Charlie Lake and…

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Parkland aiming to about double adjusted EBITDA in less than five years

Tuesday, May 4, 2021, 6:20 AM MDT

Parkland Corp. is aiming to about double its earnings in less than five years after swinging to a profit in…

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Imperial Oil shares rise on dividend bump, higher share buybacks, strong production

Monday, May 3, 2021, 6:14 AM MDT

Shares in Imperial Oil Ltd. rose Friday after it raised its dividend by nearly 23 per cent and announced accelerated…

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Chesapeake seeks to sell south Texas shale assets for $2 billion

Friday, April 30, 2021, 6:46 AM MDT

Chesapeake Energy Corp., the once mighty shale explorer that exited bankruptcy earlier this year, is seeking to sell oil-producing assets…

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Exxon rebounds to first profit since 2019 on crude surge

Friday, April 30, 2021, 6:35 AM MDT

Exxon Mobil Corp. snapped a record streak of losses as rising oil and natural gas prices bolstered one of the…

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Shell pays down debt as profit surges by more than expected

Thursday, April 29, 2021, 6:31 AM MDT

Royal Dutch Shell plc took the opportunity to pay down its heavy debt burden as profit surged by more than…

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Vermilion Energy's Q1 production and net earnings rise with oil and gas prices

Thursday, April 29, 2021, 6:16 AM MDT

Vermilion Energy Inc. says it beat its own guidance for production in the first quarter as net income jumped to…

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Brookfield Infrastructure says takeover target Inter Pipeline denying data access

Wednesday, April 28, 2021, 10:52 AM MDT

In the latest shot fired in the battle for Inter Pipeline Ltd., Brookfield Infrastructure Partners LP charges it hasn’t been…

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Commercial helicopter came within four metres of ditching in the Atlantic: report

Wednesday, April 28, 2021, 6:27 AM MDT

A helicopter carrying 13 people came within four metres of ditching in the Atlantic as it was trying to land…

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