Canada’s energy wealth risks being stranded while the U.S. boosts its position as a global oil supplier
Canada’s energy wealth risks being stranded while the U.S. boosts its position as a global oil supplier
RBC report forecasts Alberta economic growth will slow to 1.3% in 2019
Alberta economic growth was 1.7% in 2018 while Canadian economy growth was 1.8% because of the downturn in the energy sector
Slows development of its Aspen oil sands project
Calgary-based energy giant Imperial announced Friday it has slowed the pace of development of its Aspen in situ oil sands project given market uncertainty stemming from Alberta government intervention and other industry competitiveness challenges. “This was a difficult choice in light of our final investment decision on Aspen announced last November,” said Rich Kruger, chairman, […]
CAPP report calls for a clear government commitment to resource development and a competitive fiscal environment
CAPP report calls for a clear government commitment to resource development and a competitive fiscal environment
With Gerald Butts and others at the epicentre of power, it’s no wonder the oil industry has plummeted into purgatory
With Gerald Butts and others at the epicentre of power, it’s no wonder the oil industry has plummeted into purgatory
John Pollock of Quorum talks about the impact of MOSAIC software on the industry, and Calgary's growing tech reputation
John Pollock of Quorum talks about the impact of MOSAIC software on the industry, and Calgary’s growing tech reputation
The award will be presented to Michael Culbert, vice-chairman of PETRONAS Energy Canada Ltd., at a June 19 gala
The award will be presented to Michael Culbert, vice-chairman of PETRONAS Energy Canada Ltd., at a June 19 gala
Exports on the rise to U.S. and elsewhere: StatsCan
Exports on the rise to U.S. and elsewhere: StatsCan
But the company suffered a net loss of $776 million in the fourth quarter of 2018
But the company suffered a net loss of $776 million in the fourth quarter of 2018
Review launched to explore a comprehensive range of strategic and transaction alternatives
Review launched to explore a comprehensive range of strategic and transaction alternatives