Oil & Gas
Thailand’s oil giant is going on a green spending spree
Friday, August 13, 2021, 7:01 AM MDT
Thailand’s oil giant, whose sales account for about 10 per cent of the nation’s economic output, is suddenly spending billions…
IEA cuts oil demand outlook on virus, sees surplus in 2022
Thursday, August 12, 2021, 6:27 AM MDT
The International Energy Agency cut forecasts for global oil demand “sharply” for the rest of this year as the resurgent…
Gasoline prices will depend on Delta variant’s effect on economy: analyst
Wednesday, August 11, 2021, 6:31 AM MDT
Gas price analysts say prices at the pump are still at the whim of the Delta variant of COVID-19, and…
Era of cheap natural gas ends
Monday, August 9, 2021, 6:39 AM MDT
The era of cheap natural gas is over, giving way to an age of far more costly energy that will…
Inter Pipeline Q2 profit more than doubles to $145.5 million on revenue boost
Monday, August 9, 2021, 6:20 AM MDT
Inter Pipeline Ltd. says its net profit more than doubled in its latest quarter as revenues increased 30 per cent.…
Pembina Q2 revenues climb on elevated commodity prices while profit dips
Monday, August 9, 2021, 5:57 AM MDT
Pembina Pipeline Corporation says its net profit dipped in the second quarter despite higher total revenues as elevated commodity prices…
Texas oil regulator floats tax credits for natural gas projects
Friday, August 6, 2021, 6:43 AM MDT
The natural gas industry should receive tax incentives similar to those provided for renewable energy projects, according to one of…
BP closes big oil earnings season with surprise dividend boost
Tuesday, August 3, 2021, 6:58 AM MDT
BP plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit. The…
Alberta receives inquiry's final report on eco groups and energy industry
Tuesday, August 3, 2021, 6:12 AM MDT
The public inquiry report into what the Alberta government labels troublesome foreign funding of enviro-groups was delivered Friday – a…
N.L. oil refinery with uncertain future has new buyer interested in renewable fuels
Friday, July 30, 2021, 6:11 AM MDT
An idled oil refinery in the Newfoundland and Labrador town of Come By Chance has found a buyer. A spokesperson for the…
Crescent Point raises 2021 production guidance as higher prices boost Q2 profits
Wednesday, July 28, 2021, 6:10 AM MDT
Crescent Point Energy Corp. raised its 2021 production guidance stemming from higher energy prices after swinging to a $2.14-billion profit…
Pembina to pocket $350 million after terminating acquisition of Inter Pipeline
Tuesday, July 27, 2021, 7:03 AM MDT
Pembina Pipeline Corp. will pocket a $350-million break fee after terminating its acquisition of Inter Pipeline Ltd. The move comes…
