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Energy & Resources News

Oil producers face price war over slowing global demand

The rout in world crude markets has gained momentum and may not stop as OPEC members are showing little willingness to cede market share to North American oil suppliers in the face of...

Posted on 10-15-2014 at 7:00 AM

IEA cuts 2015 oil demand growth outlook, sees supply hitting prices

Demand for oil in 2015 will grow far slower than previously forecast as global economies remain weak, the International Energy Agency says. Oil prices may extend their sharp fall so long as...

Posted on 10-14-2014 at 8:13 AM

The energy honeymoon is over, as stocks trail U.S.

The honeymoon phase for Canadian oil producers is over, analysts say. After outperforming U.S. rivals through June and basking in multibillion-dollar share offerings, companies from Suncor...

Posted on 10-14-2014 at 7:08 AM

Opposition builds to Energy East pipeline plan

TransCanada Corp. faces a rough ride in Central Canada over its proposed $11-billion Energy East pipeline as industrial users and natural-gas distribution companies warn they’ll be...

Posted on 10-14-2014 at 6:39 AM

NEB delays Enbridge plan to ship oil through reversed Line 9 pipeline

The National Energy Board has slammed the brakes on Enbridge Inc.’s plan to start shipping western oil to Montreal this fall through its reversed Line 9 pipeline, saying the company failed...

Posted on 10-10-2014 at 9:54 AM

U.S. drug cops 'most interested' in Canadian marijuana firms

U.S. investors in Canada's medical marijuana industry are betting they won't fall under the scrutiny of U.S. law enforcement officers - but it's a risky bet.

Posted on 10-10-2014 at 8:16 AM
Seven Generations Energy seeks $800M in IPO

Seven Generations Energy seeks $800M in IPO

Seven Generations Energy Ltd., a company fracking for shale gas in western Canada, plans to raise about $800 million in an initial public offering to fund its drilling investments.

Posted on 10-10-2014 at 8:01 AM

The worst is over for oil prices: FirstEnergy

Weakness in oil prices is overdone and further pressure could force OPEC to act to keep a floor under crude, according to FirstEnergy Capital's Martin King.

Posted on 10-09-2014 at 10:05 PM

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