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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
