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Energy and Resources News

Alberta government forecasts record deficit as oil-price shock hits budget
Alberta is acknowledging its financial reality with the largest deficit the province has ever seen – and its economic downfall is far from over.
Posted on 8-31-2015 at 3:28 PM
35,000 lost oil jobs in 2015 not surprising: Stephenson & Co.
Alberta’s once robust energy economy has drawn Canadians from all provinces in search of high-wage jobs. But John Stephenson tells BNN that Albertans should expect employment to decline as quickly as it grew in previous years.
Posted on 8-31-2015 at 3:21 PM
Goldcorp struggling to find takeover targets that make sense: CEO
The Chief Executive Officer of Goldcorp says he's having a tough time making good on a common piece of wisdom for investors: buy low, sell high.
Posted on 8-31-2015 at 2:05 PM
Canadian synthetic crude spikes on Syncrude fire, Nexen pipelines
Canadian Oil Sands, the biggest shareholder in the Syncrude oil sands project, said it halted production after a fire damaged its processing facility on Saturday, causing traders to scramble to secure temporarily short supply.
Posted on 8-31-2015 at 1:48 PM
Oil surges on lower U.S. output; biggest bounce since 1990
Oil futures soared on Monday for a third consecutive day, rising more than 8 percent, as a downward revision of U.S. crude production data and OPEC's readiness to talk with other producers helped extend the biggest price surge in 25 years.
Posted on 8-31-2015 at 11:14 AM
U.S. futures fall as September rate hike back in focus
U.S. stock index futures were lower on Monday as investors once again turned their focus to the possibility of a September interest rate increase.
Posted on 8-31-2015 at 8:40 AM
Canadian Oil Sands halts crude production at Syncrude after fire
Canadian Oil Sands Ltd., the biggest shareholder in the Syncrude oil sands project, said it has halted crude oil production after a fire damaged equipment at its processing facility in northern Alberta on Saturday.
Posted on 8-31-2015 at 7:07 AM
Alberta's first NDP fiscal update faces uphill battle
Canadians will get their only pre-election peek at Alberta's first NDP budget on Monday.
Posted on 8-30-2015 at 8:48 PM

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