Oil & Gas
Tourmaline reports $361 million third quarter profit, record quarterly cash flow
Thursday, November 4, 2021, 7:26 AM MDT
Tourmaline Oil Corp. reported record cash flow and net earnings of $361.1 million in the third quarter of 2021. The Calgary-based company…
Alberta sends fewer to COP than any other energy province
Thursday, November 4, 2021, 6:33 AM MDT
The province with Canada's largest oil and gas industry has sent one of the country's smallest delegations to the COP26…
US says oil, gas sales damage climate but won't stop them
Wednesday, November 3, 2021, 6:07 AM MDT
The Biden administration is planning to sell oil and gas leases on huge tracts of public land in the U.S.…
Alberta government, Opposition say the province should be consulted on emissions caps
Tuesday, November 2, 2021, 6:22 AM MDT
Alberta politicians are warning the federal Liberal government that caps on greenhouse gas emissions from oil and gas will have…
Oilpatch leaders fear 'reckless' move as Trudeau commits to emissions cap on sector
Tuesday, November 2, 2021, 6:14 AM MDT
The federal government must work co-operatively with industry as it looks to draft an emissions cap for the oil and…
Refiners are less pressed to shut down plants as fuel demand rebounds
Monday, November 1, 2021, 7:08 AM MDT
After several years of plant closures and conversions to make renewable fuel, the pressure on American refiners to shut down…
Oil majors won’t come running to help world facing energy crunch
Monday, November 1, 2021, 6:55 AM MDT
The world’s biggest energy companies are producing the most cash in years, but don’t expect them to spend it on…
Alberta has much on the line as UN climate conference begins
Monday, November 1, 2021, 6:18 AM MDT
As world leaders descend on Glasgow this week for the start of the 2021 UN Climate Conference, Alberta will be…
Chevron eyes more buybacks after cash flow rises to record
Friday, October 29, 2021, 6:47 AM MDT
Chevron Corporation is weighing more share buybacks while reining in spending after surging natural gas prices and oil-refining returns drove…
Alberta tables bill to help municipalities recoup unpaid oil and gas property taxes
Friday, October 29, 2021, 6:35 AM MDT
The Alberta government has introduced legislation that it says would help municipalities recoup some of the millions of dollars in…
Suncor earns $877M on increased production; doubles dividend
Thursday, October 28, 2021, 7:06 AM MDT
Suncor Energy Inc. says it earned a net profit of $877 million in its latest quarter as it continued to…
Crescent Point reports Q3 profit up from year ago as energy prices surge
Thursday, October 28, 2021, 7:03 AM MDT
Crescent Point Energy Corp. reported a third-quarter profit of $77.5 million, up from $500,000 a year earlier, helped by higher…
