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HomeFinancial

Financial

oil prices
Financial

Oil prices rise along with Wall Street, on track for weekly gain

March 16, 2018 Energi Staff

Oil prices rose on Friday, despite concerns over an interview on “60 Minutes” featuring the crown prince of Saudi Arabia where he said Iran’s Ayatollah Khamenei is “very much like Hitler.”  Anadolu Agency/Getty Images photo. [Read more]

survey
Financial

Canada, US must prepare for the next economic or financial crisis

March 15, 2018 Markham Hislop

Most Canadian governments have public debt levels today higher than decade ago, though still within manageable range By Glen Hodgson, senior fellow, Canadian Conference Board of Canada The Canadian and U.S. economies are currently performing well, with solid growth [Read more]

oil prices
Financial

Oil prices rise along with markets, but rising US crude stocks cool gains

March 15, 2018 Energi Staff

Oil prices rose slightly in seesaw trading on Thursday, supported by gains in the equity markets, but pressured by rising US crude stocks and concerns that supply will exceed demand this year.  Anadarko photo. Oil [Read more]

GDP
Financial

Suncor changes Syncrude turnaround timing due to pipeline capacity constraint

March 15, 2018 Markham Hislop

Suncor expects total upstream production for first quarter to be 685,000 boe/d Suncor Energy says the Syncrude maintenance turnaround originally scheduled to begin in April will be moved up by approximately one month due to [Read more]

oil prices
Financial

Oil prices dip on US crude output growth, OPEC deal impact wanes

March 14, 2018 Energi Staff

Oil prices fell on Wednesday despite rising demand from Chinese factories.  Investors remain concerned about the rising supply of crude from the US and other producing nations.  Anadarko photo. Oil prices down by pennies Oil [Read more]

oil prices
Financial

US oil prices fall over 1 per cent as concern over higher US production rises

March 13, 2018 Energi Staff

Oil prices fell over one per cent on Tuesday as investors grew more concerned about rising US production wiping out OPEC’s efforts to cut the global crude glut.  Anadarko photo. US oil prices impacted by [Read more]

oil prices
Financial

Oil prices down on rising US output despite OPEC supply cuts

March 12, 2018 Energi Staff

Oil prices fell over one per cent on Monday on waning enthusiasm for crude due to increasing US crude supply.  Anadarko photo. Oil prices pressured by higher US supply Oil prices fell on Monday, dropping [Read more]

oil prices
Financial

Oil prices rebound on market optimism, strong US jobs data

March 9, 2018 Energi Staff

Oil prices jumped over 2 per cent on Friday after strong US jobs data boosted Wall Street and investors found hope in the proposed meeting between President Trump and Kim Jong Un of North Korea.  [Read more]

oil prices
Financial

Oil prices fall on rising US crude stocks, greenback

March 8, 2018 Energi Staff

Oil prices fell on Thursday.  Benchmark Brent dropped below $64/barrel and US WTI settled the day at just over $60/barrel.  Anadarko photo. Oil prices down over 1 per cent On Thursday, oil prices fell and [Read more]

oil prices
Financial

Oil prices down over 2% as markets slide on trade war concerns

March 7, 2018 Energi Staff

Oil prices fell on Wednesday, matching a trend on Wall Street after President Donald Trump said he planned to implement tariffs on steel and aluminum which many analysts believe could lead to a trade war.  [Read more]

exxonmobil
Financial

ExxonMobil plans aggressive growth in LNG, petrochemicals to double earnings

March 7, 2018 Markham Hislop

ExxonMobil expects to grow manufacturing capacity in North America and Asia Pacific by 40% ExxonMobil today outlined an aggressive growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil [Read more]

oil prices
Financial

Oil prices rise on weaker US dollar, limited by US crude stocks

March 6, 2018 Energi Staff

Oil prices gained slightly on Tuesday, mostly supported by a weaker US dollar but analysts are concerned that data released on Tuesday afternoon and Wednesday morning will show a rise in US crude inventories.  Anadarko [Read more]

chevron
Financial

Chevron issues second climate report for investors

March 5, 2018 Markham Hislop

“We’re committed to addressing the risks of climate change while delivering the energy that benefits societies and economies.” Chevron Corporation published its second report describing the company’s approach to managing climate change risks and its [Read more]

oil prices
Financial

Oil prices rise as stocks recover, but on track for weekly decline

March 2, 2018 Energi Staff

Oil prices rose on Friday, but are on track for a weekly loss due to concerns about US trade tariffs, rising US production and crude and gasoline stockpiles.  Anadarko photo. Oil prices slid in early [Read more]

environmental
Financial

Newalta and Tervita merge, creating large oilfield environmental company

March 2, 2018 Markham Hislop

Newalta shareholders will receive 0.1467 of one NewTervita common share Newalta Corporation, a private Alberta-based, energy-focused waste and environmental services company, announced it has entered into an agreement to merge with Tervita, creating a new company [Read more]

oil prices
Financial

Oil prices slide Thursday on oversupply concerns, rising US dollar

March 1, 2018 Energi Staff

Oil prices fell to two-week lows on Thursday on a rising US dollar and after data released by US Energy Information Administration showed US crude stockpiles grew last week.  Anadarko photo. Oil prices down over [Read more]

oil prices
Financial

Oil prices fall on rising US crude stocks, gasoline inventories

February 28, 2018 Energi Staff

Oil prices fell on Wednesday despite high compliance by OPEC pact participants.  US production rose to 10.3 million barrels per day, putting pressure on oil prices.  Apache photo.   Oil prices down over 1 per cent [Read more]

trinidad drilling
Financial

All options on table for Trinidad Drilling, including sale or merger

February 28, 2018 Markham Hislop

Trinidad considering all options to enhance shareholder value Trinidad Drilling Ltd. says their Board of Directors has begun a strategic review to enhance shareholder value that could include a sale or merger, according to a [Read more]

oil prices
Financial

Oil prices fall on concerns of rising US crude inventories

February 27, 2018 Energi Staff

Oil prices fell on Tuesday, mostly on concerns of rising US crude inventories.  On Tuesday afternoon, the American Petroleum Institute will release data on US oil stocks and on Wednesday morning, the US Energy Information [Read more]

sale
Financial

Low oil prices force sale of Calgary-based citrus bio-solvent oil sands producer

February 27, 2018 Markham Hislop

Production process utilizes citrus based bio-solvent that naturally separates bitumen from oil sands with no tailing ponds US Oil Sands Inc., an innovator of oil extraction technologies using citrus, announced that it has commenced a sale solicitation [Read more]

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In the Spotlight

The Canadian energy conversation is stuck in the wrong century

by Markham Hislop in Markham on Energy

Find Energi Media journalism in video, audio, and essays YouTube Channel: Video energy news Substack Essays: Thoughtful Energy Journalism Energi Talks Audio Podcast Real story of this energy crisis is not supply disruption, but demand [Read more]

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