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Energy & Resources News

Infographic: Impact of Cheap Oil
A graphical look at the impact of falling oil prices on the Canadian economy.
Posted on 1-20-2015 at 9:13 AM
Oil slips $1 on China economy worries, record Iraq output
Brent crude oil prices fell below $49 a barrel and U.S. crude also fell more than $1 on Monday after the global economic outlook darkened and Iraq announced record oil production.
Posted on 1-19-2015 at 4:14 PM
Energy Watch: Big dividend cuts at CanElson Drilling and Lightstream Resources
Oil and gas producer Lightstream is immediately suspending its monthly dividend. CanElson Drilling is cutting its quarterly payout by 50 percent.
Posted on 1-19-2015 at 8:37 AM
Goldcorp strikes $526M deal for Probe Mines
Based on Friday’s closing price of Goldcorp’s shares, the deal values each Probe share at $5.00.
Posted on 1-19-2015 at 8:04 AM
Oil prices slip on record Iraq output
Brent crude oil prices fell below $50 a barrel on Monday after Iraq announced record oil production and the global economic outlook darkened.
Posted on 1-19-2015 at 7:16 AM
Quick oil rebound unlikely as industry adjusts to new reality
To survive for the long term, Canadian producers, many on the high end of the global cost curve, will have to adjust to a world of far tougher competition and sluggish demand growth that will keep a lid on their hoped-for recovery.
Posted on 1-19-2015 at 6:57 AM
TransCanada sued by Nebraska landowners over Keystone XL pipeline
Dual complaints were filed Friday against the Calgary-based company in state courts in York and O'Neill, Nebraska.
Posted on 1-18-2015 at 9:36 PM
U.S. drillers idle 55 oil rigs, extending decline to 209 in six weeks
U.S. drillers have idled more than 200 oil rigs in the past six weeks as crude prices headed for their longest losing streak since 1986 amid a global glut.
Posted on 1-16-2015 at 2:19 PM

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