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Energy and Resources News

Oil rebounds on post-Brexit bargain hunting, Norway strike
Oil prices rose 2 per cent on Tuesday with investors taking advantage to buy back into the market after a two-day rout triggered by Britain's vote to leave the European Union.
Posted on 6-28-2016 at 1:37 PM
U.S. challenges deal to merge Canada's Superior Plus, Canexus
The U.S. Federal Trade Commission filed a complaint on Monday aimed at stopping a merger of Canadian chemical companies Superior Plus Corp and Canexus Corp.
Posted on 6-27-2016 at 3:27 PM
Oil sands production could grow 42% by 2025: Report
Canada's oil sands production will grow by 42 per cent to 3.4 million barrels per day by 2025, most of which will come from the expansion of existing facilities rather than new projects, analysts at IHS Energy said on Monday.
Posted on 6-27-2016 at 2:33 PM
TransCanada files $15-billion NAFTA claim over U.S. rejection of Keystone pipeline
TransCanada Corp. is moving forward with its attempt to seek more than $15 billion compensation under the North American Free Trade Agreement following the U.S. government’s rejection of the company’s proposed Keystone XL pipeline.
Posted on 6-27-2016 at 7:55 AM
Brent crude tumbles to 7-week low on dollar rally, Brexit turmoil
Crude prices tumbled nearly 3 per cent on Monday, with Brent hitting seven-week lows, as a rallying dollar and market uncertainty over Britain's shocking vote to exit the European Union threatened to sap more strength from oil's rebound this year.
Posted on 6-27-2016 at 3:31 PM
Oil prices plunge 5% as Britain votes to leave European Union
Oil prices settled 5 per cent lower on Friday after Britain's vote to leave the European Union spurred massive risk aversion and a rally in safe havens like the U.S. dollar that threatened to cut short a three-month-long recovery in global oil markets.
Posted on 6-24-2016 at 3:22 PM
Notley speaks on climate plan to Trans Mountain pipeline panel
Alberta Premier Rachel Notley says she told a federal environmental review panel on the Trans Mountain pipeline that her province is doing its bit for greenhouse gas emissions.
Posted on 6-23-2016 at 6:55 PM
Oilpatch workers losing much-envied 'Golden Fridays' due to oil plunge
Getting paid time off is a great perk. Getting one or two paid Fridays off every month of the year is a Calgary oilpatch-style perk. Or at least it used to be.
Posted on 6-23-2016 at 9:23 AM

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