Oil & Gas
Strathcona Resources to acquire Serafina Energy
Thursday, August 4, 2022, 6:35 AM MDT
Strathcona Resources Ltd. agreed to buy Saskatchewan-oil explorer Serafina Energy Ltd. for C$2.3 billion ($1.8 billion), the latest acquisition by…
Shell hands out 8% salary bonus to employees amid record profits
Wednesday, August 3, 2022, 6:49 AM MDT
Shell plc has given the vast majority of its employees a bonus equivalent to 8 per cent of their annual…
Imperial Oil investigating 55,000 litre spill of produced water in N.W.T.
Tuesday, August 2, 2022, 6:24 AM MDT
Imperial Oil Ltd. says it is investigating a spill from a produced water line at its facility in Norman Wells,…
Imperial Oil second quarter profit soars amid higher production and energy prices
Tuesday, August 2, 2022, 6:18 AM MDT
Imperial Oil Ltd. recorded a meteoric rise in profit in its latest quarter amid soaring energy prices and higher production.…
In Conversation with KPMG in Canada’s National Energy Leader Shane Doig
Tuesday, August 2, 2022, 6 AM MDT
Shane Doig has been with KPMG over 20 years, is KPMG in Canada’s National Energy Leader, a member of KPMG’s…
Enbridge snaps up stake in West Coast LNG plant as demand surges
Friday, July 29, 2022, 11:35 AM MDT
Enbridge Inc. has extended its push into liquified natural gas as global demand soars, scooping up a stake in a…
Enbridge net profit falls as revenues surge in second quarter to $13.22 billion
Friday, July 29, 2022, 7:28 AM MDT
Enbridge Inc. says its earnings attributable to common shareholders dropped in its most recent quarter despite higher revenue. The Calgary-based…
Shell CEO sees risk of even higher oil prices on tight supply
Thursday, July 28, 2022, 6:41 AM MDT
Oil prices are more likely to rise than fall as the tightness in supply outweighs any risks to demand, said…
Crescent Point reports adjusted earnings jump on higher oil prices
Wednesday, July 27, 2022, 2:53 PM MDT
Crescent Point Energy Corp. says it had a net income of $331.5 million in the second quarter, down from a…
Oil industry faces cost inflation as Vallourec lifts tube prices
Wednesday, July 27, 2022, 6:41 AM MDT
In the latest sign of cost inflation for the oil and gas industry Vallourec SA, a French maker of steel…
Big Oil set for record profit as world reels from high fuel cost
Tuesday, July 26, 2022, 6:41 AM MDT
Big Oil is poised for a record-breaking $50 billion profit in the second quarter, but the industry’s stellar performance could…
Crude fluctuates amid soft European economic data
Friday, July 22, 2022, 6:45 AM MDT
Oil swung between gains and losses after European economic data missed estimates, fanning concerns of an economic slowdown. WTI for…
