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OPEC seen backing Saudi Arabia’s plan to keep crude supplies elevated
Oil prices have recovered more than 40 percent from a six- year low in January. The rebound will help vindicate the approach taken by Saudi Arabia as it steers the Organization of Petroleum Exporting Countries to favour market share over prices in a bid to drive out high-cost producers.
Posted on 5-27-2015 at 12:16 AM
GE reportedly in talks with Element Financial on sale of fleet assets
General Electric Co., working to reduce dependence on its finance unit, is in advanced talks to sell assets in the $9 billion US vehicle fleet-management business to Element Financial Corp., people familiar with the matter said.
Posted on 5-27-2015 at 12:16 AM
Alberta fires keep 10% of oil sands offline
Wildfires in northern Alberta kept about 10 percent of Canada’s oil sands production offline for a third day as Bank of America Corp. warned the blazes may slow the economy.
Posted on 5-26-2015 at 8:00 PM
Top Picks from Norman Levine: Scotiabank, Badger Daylighting, and SGS
Top Picks from Norman Levine, managing director at Portfolio Management Corp.
Posted on 5-26-2015 at 6:05 PM
Energy Watch: Crescent Point buys Legacy Oil + Gas for $563-million
FrontFour Capital Group, an activist shareholder of Legacy, had been pushing for a sale and the ouster of CEO Trent Yanko
Posted on 5-26-2015 at 5:43 PM
Tories propose voluntary Canada Pension Plan expansion
Ottawa is proposing to allow Canadians to voluntarily contribute more to the Canada Pension Plan in exchange for a bigger guaranteed payout from the government-run program.
Posted on 5-26-2015 at 3:17 PM
Air Canada to upgrade premium section on low-cost Rouge flights
Air Canada says it will upgrade the premium section of the Airbus A319 planes used on its low-cost Rouge network.
Posted on 5-26-2015 at 3:00 PM
Getting fat prices for sunlight: SunEdison's alchemy
One notoriously bearish solar analyst has reiterated his buy recommendation on a stock that has runup 43 percent since July.
Posted on 5-26-2015 at 2:25 PM

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