Alberta pipelines face capacity crunch as production grows
Alberta's pipeline network approaches capacity as province targets 8 million barrels daily by 2035. Can optimization projects prevent another price crisis?
Category : Search result: US oil companies
Northland Power cuts dividend, shares sink 20%
Northland Power announces 50% dividend reduction amid financial challenges, causing stock to plummet over 20%. Key details on strategic review and market impact.
IEA: Oil Demand May Grow Beyond 2050
A new International Energy Agency scenario shows global oil demand rising past 2050 if current climate policies continue, reshaping investment outlook for Canada's energy sector.
California Vows to Block Trump Offshore Drilling Plan
California Governor Gavin Newsom pledges legal action against Trump administration's proposal for new oil and gas leases off California coast, first in decades.
Global Oil Glut Looms, But Reversal Forces Emerge
Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.
TC Energy Praises North America's Energy Policy Landscape
TC Energy's executive reveals how supportive government policies across Canada, U.S. and Mexico are creating unprecedented opportunities for energy infrastructure expansion and economic growth.
Lightspeed Q2 Revenue Jumps 25%, Raises Guidance
Montreal-based tech giant Lightspeed Commerce reports strong Q2 2024 results with revenue climbing to $230.3 million, prompting increased full-year financial guidance amid global expansion.
MEG Energy Shareholders Approve Cenovus Takeover Deal
MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.
Cenovus-MEG Energy Merger Approved by Shareholders
Cenovus Energy secures shareholder approval for its $3.8 billion acquisition of MEG Energy, creating Canada's second-largest oil producer amid industry consolidation.
Alberta Fires Back Over BC Oil Tanker Ban Demands
Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.
Mink Ventures Expands Ontario Gold Exploration Portfolio
Mink Ventures announces strategic expansion of its gold exploration portfolio in Ontario, including new property acquisitions and upcoming fieldwork programs targeting high-potential mineralization.
Suncor Shares Jump After Earnings Beat and Production Boost
Calgary-based energy leader Suncor delivers impressive Q2 results, exceeding analyst forecasts and raising production guidance, sending shares skyrocketing.
Ovintiv Buys Nuvista Energy in $4.3B Canadian Energy Deal
Canadian energy giant Ovintiv expands its Montney position with strategic Nuvista Energy purchase, creating one of Western Canada's top natural gas producers.
Chiefs of Staff: The Hidden Force in Corporate Leadership
Discover how chiefs of staff have become the invisible force driving corporate strategy at Fortune 500 companies, wielding unprecedented influence without the public spotlight.
Suncor Hikes Dividend, Beats Earnings Expectations
Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.
Suncor Q3 Profits Drop Despite Record Production
Calgary's energy giant Suncor reports surprising third-quarter profit decline even as production hits unprecedented levels. Discover the factors behind this financial paradox.
Oil & Gas Reality: What Companies Are Actually Doing
While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.
OPEC+ Extends Oil Production Freeze Amid Market Concerns
OPEC+ maintains current oil output levels as global economic uncertainty and oversupply fears shake energy markets. What this means for Canadian consumers and the economy.
NASA's Moon Backup: Wild Ideas Companies Pitch
Exclusive look at NASA's urgent search for alternative moon landing strategies as Artemis faces delays. Discover the unconventional concepts private companies are pitching to keep lunar exploration on track.
Imperial Oil sells Calgary HQ, cuts hundreds of jobs
Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Crakmedia Among Quebec's Top 300 SMEs Again
Montreal-based digital media company Crakmedia continues its impressive growth trajectory, ranking among Quebec's elite small and medium-sized enterprises in the prestigious Les Affaires ranking for 2024.
Oil Steadies as U.S. Reimposes Venezuela Sanctions
Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.
Imperial Oil Profits Fall on Lower Crude Prices, Charges
Imperial Oil reports significant profit decline in Q4 2023 as lower crude prices and substantial impairment charges challenge Canada's energy sector. Discover how refining margins and production performed.
Cenovus-Husky Merger Vote Delayed Another Week
The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.
Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry
A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.
Alberta Oil Crisis: Price Crash Sparks Layoffs and Cuts
Alberta's oil industry faces a perfect storm of plunging prices, massive layoffs, and spending cuts that could reshape Canada's energy landscape for years to come.
Canadian Oil Sands Outshining U.S. Energy Peers
A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.
Halcones Starts Legal Process for Polaris Project Access
Canadian mining company Halcones Precious Metals Corp. has launched legal proceedings to secure crucial surface rights for its high-potential Polaris Project in Chile's mineral-rich Atacama Region.
Kraft Heinz Cuts Sales Forecast Amid Consumer Pressure
Food giant Kraft Heinz faces significant challenges as inflation-weary consumers pull back, forcing the company to lower its annual forecasts and rethink pricing strategies.
Russia's Oil Exports Hold Steady Despite Sanctions
Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.
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