Imperial Oil green lights $2.6 billion Aspen oil sands project
November 7, 2018 | Alberta
On Tuesday, Imperial Oil announced it is going ahead with its $2.6 billion Aspen oil […]
Opinion: Russia and Saudi Arabia’s oil market challenge
November 7, 2018 | Opinion
According to TASS news agency, Russia and Saudi Arabia are in discussions to cut production […]
Oil prices fall after Iran sanctions waivers granted
November 6, 2018 | Financial
Oil prices fell almost 2 per cent on Tuesday, one day after the Trump administration […]
Oil prices up as Iran sanctions formally begin
November 5, 2018 | Financial
Oil prices were up slightly on Monday as the sanctions on Iranian crude exports formally […]
Opinion: Hedge fund community turns negative on oil
November 5, 2018 | Opinion
Hedge fund managers have been net sellers of 371 million barrels since the end of […]
Encana to buy Newfield Exploration Company in $5.5B deal
November 2, 2018 | Financial
In an all-stock deal valued at approximately $5.5 billion, Encana Corporation will acquire all the […]
Opinion: Oil market passes cyclical peak
November 2, 2018 | Opinion
Crude prices, spreads and the reactions of producers and consumers suggest the oil market has […]
Opinion: US oil output surges, growth likely to moderate in 2019
November 1, 2018 | Opinion
US oil output has increased by more than 2 million barrels per day over the […]
Shipping industry looks for price clarity ahead of IMO low-sulphur fuel rules, Alberta oil sands brace for another hit
October 31, 2018 | News
By 2020, new IMO fuel rules will require the shipping industry to use fuels with […]
US – China trade war impacts next-wave LNG race and Canadian project decisions
October 30, 2018 | News
The US trade war with China may mean LNG companies planning new facilities could face […]
Opinion: Oil prices fall as economic outlook deteriorates
October 30, 2018 | Opinion
Lower oil prices would curb the projected expansion in output and stimulating faster growth in […]
Hedge funds cut bullish bets on oil to lowest for over a year
October 29, 2018 | Opinion
Last week, hedge funds continued to liquidate former bullish positions in oil and, for the […]
Husky Energy Q3 results top expectations
October 26, 2018 | Financial
Husky Energy says it will boost its downstream capacity, which will insulate the company from […]
US Midwest top destination for Canadian crude oil exports, but US Gulf Coast on the rise
October 26, 2018 | Canada
According to the National Energy Board, Canadian crude exports have jumped nine fold over the […]
Oil prices mixed on larger-than-expected drop in US gasoline stocks
October 24, 2018 | Financial
After several days of declines, oil prices rose on Wednesday after the US Energy Information […]