Oil & Gas

Canadian oil producers buck North American cash flow trends

Tuesday, July 6, 2021, 6:24 AM MDT

Canada’s oil producers contradicted almost every key cash spending pattern across the North American oil and gas industry in Q1,…

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Government of Alberta takes 50% stake in Sturgeon Refinery for $825 million

Tuesday, July 6, 2021, 6:02 AM MDT

The Alberta government is taking 50 per cent ownership of the controversial Sturgeon Refinery by paying $825 million to reduce…

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Linking operational efficiency and ESG will drive future data usage, leaders tell webinar

Tuesday, June 29, 2021, 6 AM MDT

The Canadian oil and gas industry has a long history leveraging data to find reserves and turn those reserves into…

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Oil survey reveals a divide on when global demand will peak

Monday, June 28, 2021, 7:07 AM MDT

The accelerating shift to cleaner energy poses a challenge for global oil demand in the next decade, according to a…

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How are North American oil and gas producers using their cash?

Monday, June 28, 2021, 6:19 AM MDT

Early 2021 saw revenues and operating cash flow soar in the North American oil and gas industry. A new report…

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Oil holds near $72 as Iran nuclear talks drag on without deal

Monday, June 21, 2021, 6:51 AM MDT

Oil held near $72 a barrel today as inconclusive nuclear talks between world powers and Iran — which has elected…

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Oil may hit $100/bbl next year on demand rebound, Bank of America says

Monday, June 21, 2021, 6:49 AM MDT

Oil may surge to $100/bbl next year as travel demand rebounds, Bank of America Corp. said, the strongest call yet…

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Enbridge set to debut in the sustainability-linked bond market

Friday, June 18, 2021, 6:28 AM MDT

Enbridge Inc. released a framework for the issuance of sustainability-linked bonds – the first for a North American pipeline company…

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N.L. government's $505 million aid for Terra Nova a good deal, energy minister says

Thursday, June 17, 2021, 6:14 PM MDT

A $505-million lifeline that helped keep an offshore oilfield alive is a good deal for the province, the Newfoundland and…

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N.L.'s troubled Terra Nova offshore oilfield saved by last minute restructuring

Thursday, June 17, 2021, 6:09 AM MDT

The beleaguered Terra Nova oilfield off the coast of Newfoundland and Labrador could live to pump another day after its…

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Federal judge blocks Biden's pause on new oil, gas leases

Tuesday, June 15, 2021, 8:41 PM MDT

The Biden administration’s suspension of new oil and gas leases on federal land and water was blocked Tuesday by a federal judge in Louisiana…

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Oil companies rejected by Supreme Court on moving climate fight

Tuesday, June 15, 2021, 6:30 AM MDT

The U.S. Supreme Court rejected an appeal by oil companies including BP plc and Exxon Mobil Corporation, leaving intact an…

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