Oil & Gas

​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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​Environmental law group seeks to stop inquiry into who funds oil critics

Tuesday, July 28, 2020, 6:13 AM MDT

An environmental law group wants a court to suspend the Alberta government's inquiry into oil and gas industry critics until…

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​Vermilion loses $71.3 million in second quarter on 55 per drop in revenues

Monday, July 27, 2020, 7:11 AM MDT

Vermilion Energy Inc. is reporting a net loss of $71.3 million in its second quarter on a 55 per cent…

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​Pandemic hits upstream M&A hard in Q2 2020

Monday, July 27, 2020, 6:34 AM MDT

The COVID-19 pandemic had a major impact on global M&A activity in the upstream oil and gas sector in the…

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​Permian oil driller Rosehill files for bankruptcy protection

Monday, July 27, 2020, 6:19 AM MDT

Rosehill Resources Inc. filed for bankruptcy protection after a plunge in oil prices forced the Permian shale explorer to seek…

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​Reliance overtakes Exxon to become world’s No. 2 energy firm

Monday, July 27, 2020, 6:16 AM MDT

Reliance Industries Ltd. toppled Exxon Mobil Corpration to become the world’s largest energy company after Saudi Aramco, as investors piled…

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​Teck swings to loss as COVID-19 snarls production and dents demand

Friday, July 24, 2020, 6:32 AM MDT

Teck Resources Ltd. saw profits fall by 165 per cent last quarter as the COVID-19 pandemic dented demand for its…

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​Precision Drilling Q2 loss surges as pandemic weakens demand for oil

Friday, July 24, 2020, 6:05 AM MDT

A sharp decline in North American oilfield activity in the second quarter meant more layoffs, contract terminations and parked drilling…

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​Enbridge says contractor vessels may have damaged pipeline

Friday, July 24, 2020, 6:03 AM MDT

Recent damage that prompted the temporary shutdown of an Enbridge oil pipeline in a channel linking two of the Great…

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Operators that can pivot to a new direction will thrive in
the future: 2020 Top Operators Report

Friday, July 24, 2020, 6 AM MDT

What does the successful Canadian oil and gas company look like as the world emerges from the COVID-19 pandemic?Many of…

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​Cenovus, Suncor choose different paths on restoring oil output as prices recover

Thursday, July 23, 2020, 4:59 PM MDT

Two of Canada's biggest oilsands producers are taking different approaches to restoring production that was shut down during the pandemic…

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​A new way to instantly access oil and gas company information

Thursday, July 23, 2020, 9:33 AM MDT

Evaluate Energy Documents is a new way to surface oil and gas company information buried inside thousands of documents.It allows…

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