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Energy & Resources News

Penn West chairman under fire as legal issues mount

Amid news of Penn West facing compounding legal issues, reports suggest a number of shareholders are looking to oust the chairman of the company. Brad Allen, Founder & Director of...

Posted on 8-01-2014 at 4:25 PM

Enbridge second-quarter profit rises with crude transport

Enbridge Inc., Canada’s largest pipeline company, reported a better-than-expected profit in the second quarter, driven mainly by higher shipment volumes on the Canadian Mainline system.

Posted on 8-01-2014 at 7:52 AM

Big oil under pressure as Western sanctions on Russia weigh

Some of the world’s biggest oil companies face heightened risk to their operations in Russia as western governments seek to hobble the country’s ability to develop sorely-needed...

Posted on 8-01-2014 at 7:36 AM

TransCanada posts higher second-quarter profit on gain from subsidiary sale

TransCanada Corp., the country's No. 2 pipeline company and the backer of the controversial Keystone XL pipeline, said on Thursday its second-quarter profit rose 14 percent on gains from...

Posted on 7-31-2014 at 3:10 PM
Higher oil prices lift Exxon's profit as production sags

Higher oil prices lift Exxon's profit as production sags

Exxon Mobil Corp, the world's largest publicly traded oil company, reported a stronger-than-expected quarterly profit on Thursday as higher prices for its crude and natural gas offset a 6...

Posted on 7-31-2014 at 1:12 PM

Goldcorp profit tops estimates as costs beat expectations

Goldcorp Inc., the largest gold producer by market value, reported second-quarter earnings that beat analysts’ estimates after costs fell more than expected.

Posted on 7-31-2014 at 10:04 AM

Suncor profit eroded by costs of scaling back Joslyn development

Suncor Energy Inc.’s spending on scaling back its Joslyn oil-sands mining project led Canada’s largest oil producer to post a 69-percent profit slump to the lowest in six quarters.

Posted on 7-31-2014 at 9:59 AM

Miner Agnico Eagle turns profit as production rises

Canadian gold producer Agnico Eagle Mines Ltd reported a second-quarter profit on Wednesday compared with a year earlier loss, as gold production jumped from a year earlier and costs...

Posted on 7-31-2014 at 9:34 AM

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