News Energy Oil & Gas General
October 19, 2020  

Oil price stall, global uncertainty prompt caution from energy companies

Analyst says drawdowns are constructive, but the market remains reliant on drastic production cuts from OPEC+ to restore balance.

News Energy General
July 8, 2020  

Oil sands companies restoring production as demand spurs higher price

Executives are confident the oil price crisis is subsiding but are dismayed by recent setbacks for oil pipelines in the US.

News Energy Manufacturing Oil & Gas General
April 22, 2020  

Plunging oil prices point to ‘deep collapse’ in sector: drilling firm CEO

Kevin Neveu of Precision Drilling says spending on oil and gas exploration will fall even further from already-depressed levels because of pricing signals.

News Oil & Gas General
March 10, 2020  

Oil price crash: what does it mean for Canada?

The turmoil is already affecting Canadian companies and consumers.

News Oil & Gas General
September 19, 2019  

Oil price drops for 2nd day as Saudi crude output recovers

Attack on Saudi Aramco’s processing facility in Abqaiq pushed crude prices up more than 14% Monday.

News Oil & Gas General
September 17, 2019  

Saudi Arabian attacks linked to higher oil prices, spark energy stock rally

A weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record.

News Oil & Gas General
March 19, 2019  

Alberta government announces further easing of oil production restrictions

Effective June 1, the province will allow 3.71 million barrels per day to be produced.

News Oil & Gas General
January 29, 2019  

Oilpatch financial results to reflect extreme Q4 oil price volatility

Analysts also expect investor interest in prospects for crude-by-rail shipments.

News Oil & Gas Transportation General
January 8, 2019  

CN and CP well poised for 2019 trade headwinds: analysts

Crude-by-rail exports have spiked over the past year amidst a pipeline shortage and a big discount on Western Canadian Select oil.

News Energy Oil & Gas General
January 2, 2019  

Oil prices remain strong as Alberta production cutbacks kick in

Provincial curtailments of 325,000 barrels per day aim to relieve a glut and free up export pipeline space.

News Oil & Gas General
December 18, 2018  

Groups preparing new Trans Mountain legal challenge, argue government’s mind made up

Trudeau has said many times the pipeline is going to be built.

News Energy Oil & Gas General
December 18, 2018  

Ottawa to announce $1.6B boost Tuesday for battered energy sector

It is a package based, in some ways, on those offered to softwood, steel and aluminum producers.

News Energy Manufacturing Oil & Gas General
December 5, 2018  

Canadian Natural cuts $1B from budget due to low oil price

Oil sands producer will ramp up capital spending if prices improve and stabilize, and there’s clarity on market access.

News Oil & Gas General
November 29, 2018  

Alberta buying its own rail cars to move oil without feds: Notley

The province has already started talks with a third party to buy enough rail cars and locomotives to put two more oil trains a day on the tracks.

News Oil & Gas General
October 30, 2018  

Energy giant BP says 3Q earnings more than double

The bump was attributed to higher oil prices and streamlined operations.