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Energy & Resources News

U.S. hedge fund says Canada’s energy sector ripe for activism

Daniel Lewis, aware of the image some Canadians may have of New York hedge fund managers, refused to pose for a photo with his arms crossed because it’s not the tough-guy impression he...

Posted on 9-26-2014 at 10:41 AM

B.C. plays down reports Petronas may ‘call off’ gas project

B.C.'s natural-gas development minister is downplaying reports that Malaysia’s state-owned oil-and-gas giant is threatening to cancel a $10-billion (U.S) liquefied natural gas project in...

Posted on 9-26-2014 at 6:49 AM
Statoil halts multibillion-dollar Alberta project

Statoil halts multibillion-dollar Alberta project

Statoil ASA has postponed work on its Corner field project in the Canadian oil sands as mounting costs reduce the potential for profit.

Posted on 9-25-2014 at 4:14 PM

Suncor looks to Europe as outlet for Canadian crude

Western Canadian crude is heading across the Atlantic ocean as Canada’s oil companies seek buyers outside North America.

Posted on 9-25-2014 at 1:45 PM

Petronas threatens to ‘call off’ $10-billion B.C. LNG project: report

Malaysia’s state-owned oil-and-gas giant Petronas is threatening to cancel a $10-billion (U.S.) liquefied natural gas project in British Columbia, according to a news report.

Posted on 9-25-2014 at 6:57 AM

Suncor looks to Europe as outlet for western Canadian crude

Western Canadian crude may be crossing the Atlantic Ocean soon as Canada’s oil companies seek buyers outside North America.

Posted on 9-24-2014 at 12:43 PM

Corsa Coal makes money as prices plunge

Venture-listed Corsa Coal paid $60-million in cash this year for U.S. assets that cost Russian steel giant Severstal about $1-billion in 2008. CEO George Dethlefsen, who has the Lundin...

Posted on 9-24-2014 at 3:00 PM
Farmers look beyond tough times with Wheat Board privatization

Farmers look beyond tough times with Wheat Board privatization

For decades, Prairie farmers had just one buyer when it came time to sell their wheat and barley: the Canadian Wheat Board.

Posted on 9-23-2014 at 7:39 AM

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