06 December

The hit to Canada’s economy from the recent oil price drop is likely to be smaller than when crude plunged in 2015, Bank of Canada Governor Stephen Poloz says. That’s […]

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06 December

Copper for March delivery, the most-active contact, fell 1.1% to $2.7430 a pound on the Comex division of the New York Mercantile Exchange. Fears that the tariff fight between the […]

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06 December

Dubai (CNN Business)OPEC is discussing how much oil it should remove from world markets following a price crash in recent months. Members of the oil cartel meeting in Vienna on […]

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06 December

Artificial lift systems under-perform when faced with unstable slug flows from a horizontal wellbore. Slug flows bring solids issues and pump gas interference which increases operating expenses from poor runtime, […]

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06 December

Sinopec Canada (“Sinopec”) is in the process of selling certain non-core properties located in Alberta (~80,500 Gross Acres). The total Net production from all of the assets for H1 2018 […]

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06 December

Oil prices tumbled nearly 5 percent on Thursday after comments from Saudi Arabia’s energy minister raised concerns that a fresh round of production cuts from OPEC, Russia and several other […]

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06 December

Alberta Premier Rachel Notley speaks to cabinet members about an 8.7 percent oil production cut to help deal with low prices, in Edmonton on Monday December 3, 2018. Alberta and […]

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06 December

The government of the western Canada province of Alberta is imposing a 325,000 barrel-a-day cut on oil producers, an extraordinary intervention in one of North America’s biggest energy markets. The […]

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06 December

Canadian Natural Resources Ltd . , the country’s largest oil and natural gas producer, is slashing capital spending next year by 20 per cent amid low commodity prices and pipeline […]

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06 December

Futures were lower this morning after the CFO of China’s Huawei was arrested in Canada, sparking worries about a deterioration of US-China relations and an escalation of the trade dispute. […]

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