Mar 15
Gold tumbled this week after new U.S. economic data bolstered expectations that the Federal Reserve will be slow to lower interest rates.
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Mar 15
Gold tumbled this week after new U.S. economic data bolstered expectations that the Federal Reserve will be slow to lower interest rates.
Mar 7
Suncor Energy Inc. says it has signed a memorandum of understanding with the Fort McKay First Nation on a prospective oilsands lease development opportunity on reserve lands.
Mar 5
Cenovus Energy Inc. blasted the Canadian government for not providing enough financial support for the oil-sands industry’s proposed C$16.5 billion ($12.2 billion) carbon capture system.
Feb 27
The expansion of the Trans Mountain oil pipeline will cost about $3.1 billion more than the Canadian government-owned company running the project projected in May, another financial setback for a project beset by spiralling expenses and years of delays.
Trans Mountain pipeline seen driving Canadian oil to three-year high
Canada's oil boom threatens to bring back pipeline shortages
Imperial Oil breaking production records as industry awaits Trans Mountain completion
Trans Mountain mulling how to remove 'obstruction' causing newest construction delay
Feb 25
Oil rose as physical markets in the U.S. strengthened and demand from China showed signs of picking up.
Feb 22
Oil rose to near the top of its recent trading range after a smaller-than-expected increase in US crude stockpiles added to signs of a tightening physical market.
Feb 20
Oil swung between gains and losses as financial markets remained under pressure, leaving prices stuck near the upper end of a narrow band they’ve traded in so far this year.
Feb 12
Diamondback Energy Inc. surged in New York trading after agreeing to buy fellow Permian Basin driller Endeavor Energy Resources LP in a $26 billion deal that’ll create the largest explorer focused exclusively on the western hemisphere’s busiest oil field.
Feb 6
Athabasca Oil Corp. and Cenovus Energy Inc. have closed a previously announced deal creating a new joint venture stand-alone company called Duvernay Energy Corp.
Jan 31
The CEO of a diamond company says consumers have "shaken off a stigma" associated with diamonds grown in laboratory settings.