Oil & Gas
Key energy agencies diverge as demand and oil prices climb
Wednesday, February 16, 2022, 6:20 AM MST
Leaders of the world's most consequential energy bodies gathered for a forum Wednesday to discuss the uncertain future of oil as demand…
Coastal GasLink pipeline to go 'significantly' over budget, says TC Energy
Wednesday, February 16, 2022, 6:09 AM MST
The company behind the Coastal GasLink pipeline continues to expect to go “significantly” over budget for the project and will…
TC Energy reports $1.1 billion Q4 profit, raises quarterly dividend to 90 cents
Tuesday, February 15, 2022, 6:12 AM MST
TC Energy Corp. raised its dividend as it reported a fourth-quarter profit of $1.1 billion. The pipeline company says it…
Oil and gas producers making deals across the green energy space
Tuesday, February 15, 2022, 6:09 AM MST
Solar, wind energy and hydrogen projects attracted significant deal interest from companies traditionally focused on upstream oil and gas in…
Change your view on the danger of pressure
Tuesday, February 15, 2022, 6:09 AM MST
On a typical day at a wellsite in Veteran, Alberta, a worker completing a pressure test on a coil tube…
Shell unit offers to buy rest of pipe operator for $1.6 billion
Monday, February 14, 2022, 7:13 AM MST
A unit of Shell plc offered to buy the rest of its pipeline affiliate for about $1.6 billion in cash,…
OPEC+ supply shortfall may push oil price higher, IEA warns
Friday, February 11, 2022, 7:01 AM MST
Global oil prices could climb further because of the OPEC+ coalition’s “chronic” struggle to revive production, unless the group’s Middle…
Big Oil is pumping cash as if $100 oil has already arrived
Friday, February 11, 2022, 6:52 AM MST
The world’s oil supermajors are pumping out cash as if crude was already trading at $100 a barrel. BP plc,…
Precision Drilling says higher oil prices working to its benefit as business picks up
Friday, February 11, 2022, 6:20 AM MST
The head of Precision Drilling Corp. says higher oil and gas prices are boosting business, as the company works to…
Enbridge reports $1.84B fourth quarter profit, up from $1.78B a year ago
Friday, February 11, 2022, 6:15 AM MST
Enbridge Inc. reported its fourth-quarter profit rose compared with a year ago. The company says its profit attributable to common…
Biden, Saudi King discussed OPEC+, oil stability and Yemen
Thursday, February 10, 2022, 6:47 AM MST
U.S. President Joe Biden and Saudi Arabia’s King Salman spoke on Wednesday about stabilizing energy prices, the status of the Iranian…
Precision Drilling reports fourth quarter loss, revenue up 46% from year ago
Thursday, February 10, 2022, 6:13 AM MST
Precision Drilling Corp. says it lost $27.3 million in the fourth quarter of 2021 compared with a loss of $37.5…
