News

(Reuters) – The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) widened on Thursday. WCS for June delivery in Hardisty, Alberta, settled ...
The federally funded expansion of the Trans Mountain oil pipeline from Alberta to tidewater at Burnaby has been much attacked by critics, but has quickly turned into a gold-star success story. The 980 ...
LONDON, May 6 – Saudi Arabia has signalled that it is willing to enter a painful price war to assert its dominance over other oil producers, but worsening global economic conditions mean the kingdom’s ...
The European Union gave its strongest signal yet that it’s serious about ending five decades of reliance on Russian energy, but a challenging geopolitical environment may derail its plans. The ...
LONDON, May 6 (Reuters) – Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ to boost output sent prices down the previous ...
U.S. energy company Sunoco LP has signed an agreement to buy Parkland Corp. in a cash-and-stock deal valued at US$9.1 billion, including assumed debt. The deal comes as Calgary-based Parkland faces an ...
Just finished a positive first meeting with Prime Minister Mark Carney. We spoke at length about the policies and legislation that are holding back Alberta’s economy, and specific proposals for ...
(Reuters) – A meeting of eight OPEC+ countries to decide on their plan for oil production policy in June will now take place on Saturday instead of Monday as originally planned, three sources with ...
Cautions Incumbent Board NOT to Deploy Further Questionable Tactics That Could Delay the Shareholder Meeting or the Integrity of the Vote GRAND CAYMAN, Cayman Islands–(BUSINESS WIRE)–Simpson Oil ...
Woodfibre LNG says it is hoping to add a second "floatel" at its project site near Squamish, B.C., to house as many as 900 ...
Some power companies have stopped calling the fuel a temporary pathway to renewable energy and are making it central to their long-range plans. The Gateway Generating Station natural gas-fired power ...
(Reuters) – U.S. crude oil stockpiles fell unexpectedly last week on higher export and refinery demand, while gasoline drew down for a ninth straight week, the Energy Information Administration said ...