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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
