Cooler weather is helping to control a blaze in Canada’s oil sands region and allowing Suncor Energy Inc. and Syncrude Canada Ltd. to start getting back to work.
Oil Mining News
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran
Situation has forced some companies to abandon plans laid last week to restart production.
In this bulletin, Adrian Day reviews three companies with strong yields. All three are under some pressure, but equally all are solid companies with very attractive yields.
Forest fires in Northern Alberta have forced additional evacuations at several major operations.
Canada’s largest pipeline company's first-quarter profit rose as record volumes carried on its main pipeline system helped shield it from a sustained drop in oil prices.
Strategic shift comes as the world's biggest miner tries to regain investors' confidence.
Total debt of newly bankrupted energy companies is soaring each month
The Chinese urgency points to two things. China believes that crude oil prices will not remain at the current levels for long, and that a disruption is possible due to geopolitical reasons, which can propel oil prices higher.
Over the last 15 years, America has been turning away from traditional oil suppliers in the Middle East to more trusted sources, closer to home.
Veteran investor Bob Moriarty discusses one company that is poised to benefit from the volatililty in the oil markets.
Current oil oversupply could reverse within 20 years as low oil prices have forced pricers to slash spending on exploration and production, a report by Wood Mackenzie shows.
Shell Pipeline Company LP's new, interactive online map tool will help customers learn more about all Shell Pipeline assets and identify new business opportunities.
This reduction according to the Canadian Association of Petroleum Producers, is the largest two-year decline since the start of tracking this data in 1947.
Oil prices may be gyrating up and down, but Mr. Rothman provided some juicy clues for investors, highlighting some key near-term trends for crude oil.
Nuclear energy currently provides around 11 percent of the world's electricity.
The Keystone pipeline carries oil south from Canada through eastern North Dakota, South Dakota and Nebraska.
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place.
Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily.
The country's western provinces, especially Alberta, would be most affected if low oil prices were to persist over the next seven years.
The recent surge in prices of gold, oil and other commodities has come prematurely, says the bank, arguing that lower prices are needed for markets to rebalance.
What if I told you that there was a period in history where oil demand declined by 5 million barrels per day and non-OPEC supply increased by 5 million barrels per day, yet oil price rallied more than 50 percent?
The provincial government asked the court to order a halt until the project has complied with the environmental laws in place.
The Switzerland-based mining and energy giant lost $5 billion in 2015.
Total area drilled (in metres) climbed by 6.9% during the December quarter, with activity in areas of new deposits increasing by 29.6%.