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Energy & Resources News

Talisman shares spike on overture from Repsol

Spain’s Repsol SA has approached Talisman Energy Inc. about potential deals, the Calgary-based oil producer said on Wednesday in response to a published report that it could be the target...

Posted on 7-23-2014 at 11:06 AM

Alberta regulator says CNRL steam extraction caused bitumen leaks

Canadian Natural Resources Ltd.’s method of injecting large volumes of high-pressure steam in closely spaced wells was a “fundamental cause” of the long-running bitumen surface leaks that...

Posted on 7-23-2014 at 8:14 AM

PrairieSky ready to snap up land

Energy companies in western Canada are trying to sell a number of packages of land, providing acquisition opportunities for PrairieSky Royalty Ltd. as it seeks more land-leasing...

Posted on 7-22-2014 at 4:05 PM

Libya may offer deeper crude discounts after July sale fails

Libya is preparing a new pricing strategy for its crude exports that may include further discounts after a sales offer last week failed because potential buyers offered “unacceptable”...

Posted on 7-22-2014 at 2:55 PM
Maine port city bans oil loading as Canada seeks export options

Maine port city bans oil loading as Canada seeks export options

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its waterfront, throwing up yet another roadblock to the export of...

Posted on 7-22-2014 at 2:39 PM

Market mover: HudBay Minerals upgraded by analysts

HudBay Minerals Inc. shares are surging after the base metals producer was upgraded by TD Securities and BMO Capital Markets.

Posted on 7-22-2014 at 1:10 PM

National Bank maintains outperform rating on PrairieSky, results beat expectations

Encana spinoff PrairieSky Royalty Ltd. posted adjusted cash flow of 24 cents a share and average production of 15,664 barrels of oil equivalent a day.

Posted on 7-22-2014 at 12:49 PM

Energy Watch: Despite multiple arrests, Athabasca still expected to get paid for Dover

ANALYSIS: With a ten-figure check to Athabasca Oil still unwritten, concerns over potential lack of payment from PetroChina may appear justified. After all, the whereabouts of an increasing...

Posted on 7-21-2014 at 7:02 PM

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