Oil & Gas

Imperial Oil shares rise on dividend bump, higher share buybacks, strong production

Monday, May 3, 2021, 6:14 AM MDT

Shares in Imperial Oil Ltd. rose Friday after it raised its dividend by nearly 23 per cent and announced accelerated…

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Chesapeake seeks to sell south Texas shale assets for $2 billion

Friday, April 30, 2021, 6:46 AM MDT

Chesapeake Energy Corp., the once mighty shale explorer that exited bankruptcy earlier this year, is seeking to sell oil-producing assets…

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Exxon rebounds to first profit since 2019 on crude surge

Friday, April 30, 2021, 6:35 AM MDT

Exxon Mobil Corp. snapped a record streak of losses as rising oil and natural gas prices bolstered one of the…

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Shell pays down debt as profit surges by more than expected

Thursday, April 29, 2021, 6:31 AM MDT

Royal Dutch Shell plc took the opportunity to pay down its heavy debt burden as profit surged by more than…

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Vermilion Energy's Q1 production and net earnings rise with oil and gas prices

Thursday, April 29, 2021, 6:16 AM MDT

Vermilion Energy Inc. says it beat its own guidance for production in the first quarter as net income jumped to…

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Brookfield Infrastructure says takeover target Inter Pipeline denying data access

Wednesday, April 28, 2021, 10:52 AM MDT

In the latest shot fired in the battle for Inter Pipeline Ltd., Brookfield Infrastructure Partners LP charges it hasn’t been…

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Commercial helicopter came within four metres of ditching in the Atlantic: report

Wednesday, April 28, 2021, 6:27 AM MDT

A helicopter carrying 13 people came within four metres of ditching in the Atlantic as it was trying to land…

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Historic oil glut amassed in the pandemic almost gone

Wednesday, April 21, 2021, 6:25 AM MDT

The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing…

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PrairieSky Q1 net profit nearly doubles as revenues increase on higher energy price

Tuesday, April 20, 2021, 6:20 AM MDT

PrairieSky Royalty Ltd. says its net income more than doubled in the first quarter on a nearly 13 per cent…

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Delivering safety and efficiency in facility hazard assessments

Monday, April 19, 2021, 5:39 PM MDT

In the midst of a pandemic that has slowed or shut down major sectors of the economy, assessments of prospective…

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Federal government looks beyond near term with climate stimulus

Monday, April 19, 2021, 5:25 PM MDT

Justin Trudeau’s government is proposing a raft of funding for Canadian companies — including money for infrastructure and tax incentives…

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Canadian emissions to make up outsized portion of what climate can bear: study

Thursday, April 15, 2021, 6:19 AM MDT

Greenhouse gas emissions from Canada’s oil and gas industry will make up an outsized share of the remaining carbon the…

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