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Imperial Oil’s profit plunges 90% on oil slump, charge
Imperial Oil, Canada’s No.2 integrated oil producer and refiner, reported a 90 per cent fall in quarterly profit, hurt by the slump in crude prices and a tax-related charge.
Posted on 7-31-2015 at 8:43 AM
Canadian Oil Sands suffers loss on weak crude, Alberta’s corporate tax increase
Canadian Oil Sands Ltd., which owns a significant interest in one of the country’s flagship energy projects, has trimmed its budget, narrowed its production expectations, and posted a quarterly loss.
Posted on 7-31-2015 at 8:35 AM
Penn West Petroleum cuts 2015 budget for the second time
The company also reported a smaller-than-expected quarterly loss, helped by a 21 percent fall in total expenses.
Posted on 7-30-2015 at 11:19 AM
Oil patch slashes jobs, spending as crude price shock cuts deep
Major oil companies continued to batten down their hatches to ride out the longer-than-anticipated storm in crude markets, with more spending and job cuts in Calgary and around the globe.
Posted on 7-30-2015 at 10:51 AM

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From aluminum to zinc and everything in between, join BNN at 11:30 a.m. ET, 8:30 a.m. PT for the latest insight into the hot world of commodities and the companies that produce them, including interviews with mineral and mining entrepreneurs from Canada and around the globe. Whether it's a gold play in the Andes or a hot offshore oil prospect, BNN has you covered on commodities. For replay times click here.

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