Oil & Gas

BP cuts dividend as virus hastens moves to curb oil output

Tuesday, August 4, 2020, 7:11 AM MDT

BP Plc slashed its dividend for the first time in a decade and set out new targets to accelerate its…

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​Exxon, Chevron earnings gutted by virus-driven demand slump

Friday, July 31, 2020, 7:14 AM MDT

Exxon Mobil Corporation and Chevron Corporation posted the worst losses in a generation after the pandemic and a global crude…

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Crescent Point loses $145 million in Q2 on 73 per cent revenue decline

Thursday, July 30, 2020, 6:51 PM MDT

Crescent Point Energy Corp. is reporting a $145.1 million loss in its latest quarter on a 73-per-cent decrease in revenues…

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Husky’s oil output and refining volumes ramp up as economy recovers

Thursday, July 30, 2020, 6:45 PM MDT

Oil production and refining volumes at Husky Energy Inc. are gradually returning to normal after deep cutbacks earlier this year…

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​Husky Energy swings to $304 million loss in Q2 as revenues plunge

Thursday, July 30, 2020, 6:46 AM MDT

Husky Energy Inc. swung to a $304-million net loss in the second quarter as revenues plunged nearly 55 per cent.The…

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​Oil & Gas Hedging Analysis – Review and download today

Thursday, July 30, 2020, 6:22 AM MDT

Evaluate Energy has boosted its coverage of global upstream hedging heading into the Q2 2020 reporting season for oil and…

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​​Shale drillers signal bleak 2020 while Trump champions oil patch

Thursday, July 30, 2020, 6:10 AM MDT

Three shale explorers signalled a grim rest of 2020 for the U.S. oil patch just hours after President Donald Trump…

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​Enbridge reports stronger than feared Q2 Mainline oil transport volumes

Wednesday, July 29, 2020, 11:45 AM MDT

The main export system for Western Canada's oil production is recovering after volumes fell by less than feared amid the…

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​Prolonged oil industry slump leads to third cut in Canadian drilling forecast

Wednesday, July 29, 2020, 11:43 AM MDT

The Petroleum Services Association of Canada is cutting its 2020 Canadian drilling forecast for a third time as the industry…

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​Alberta uses COVID crisis to speed economic revamp

Wednesday, July 29, 2020, 7:05 AM MDT

Alberta Premier Jason Kenney is using the COVID-19 pandemic to accelerate efforts to diversify his oil-dependent economy, a change of…

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​Energy megaprojects employing thousands in B.C.

Wednesday, July 29, 2020, 6:58 AM MDT

While the big energy story of 2022 will likely be the completion of the $12.6-billion Trans Mountain pipeline expansion, B.C.’s…

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​Enbridge Q2 earnings slip as revenues plunge 40 per cent due to COVID aftermath

Wednesday, July 29, 2020, 6:20 AM MDT

Enbridge Inc. is reporting that its net income slipped to $1.65 billion in the second quarter on a 40 per…

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