18 February

* Mining, oil sector shares jump on commodities rally * Oil at one-year high, copper highest in nearly a decade * China shares falter on return from Lunar New Year * Bond yields steady after sell-off * Sentiment still positive on recovery hopes LONDON, Feb 18 (Reuters) – World stocks were battling to avoid a […]

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18 February

CALGARY, Alberta – Razor Energy Corp. (“ Razor ” or the “ Company “) ( TSXV: RZE ) is pleased to announce that it has secured an extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation (“AIMCo”), on behalf of certain of AIMCo’s clients, for an amended principal amount of $50.1 […]

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18 February

CALGARY, AB – Whitecap Resources Inc. (“Whitecap” or the “Company”) ( TSX: WCP ) and TORC Oil & Gas Ltd. (“TORC”) ( TSX: TOG ) are pleased to announce that securityholders from both companies have voted to support the proposed business combination (the “Business Combination”) announced on December 8, 2020 to combine the two companies. […]

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18 February

An oil and gas pumpjack is shown near Cremona, Alta., on Thursday, Oct. 1, 2020. THE CANADIAN PRESS/Jeff McIntosh The Rural Municipalities of Alberta is calling on the province to take steps to level the playing field to allow municipalities to recover millions in unpaid taxes owed by oil and gas companies. According to a […]

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18 February

The number of Indigenous suppliers has also grown from 263 in 2017 to 275 in 2019, with cumulative procurement spending in the three-year period totalling about $5.9 billion. The oil sands companies that participated in the survey are responsible for more than 95% of Canadian oil sands production. Indigenous supply chain businesses contribute to oil […]

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18 February

Last year was brutal for the oil market. The COVID-19 outbreak cratered demand, which impacted the volumes flowing through the country’s midstream systems. That affected midstream giant Energy Transfer (NYSE: ET) , which was evident in its fourth-quarter results. Drilling down into Energy Transfer’s fourth-quarter earnings Data source: Energy Transfer. Earnings dipped during the fourth […]

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18 February

(Reuters) – European shares marked a third straight day of losses on Thursday as a clutch of disappointing earnings reports added to concerns over a quicker-than-expected spike in inflation due to higher commodity prices and a strong euro. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, […]

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18 February

Image: CNOOC Limited The Chinese drilling giant recently blacklisted by the U.S. has led efforts to clean up the Canadian oilsands’ image as a global warming culprit. CNOOC Ltd. slashed the rate of carbon dioxide released from its Long Lake oilsands site by a third in the eight years ended 2019, according to a study […]

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18 February

Calgary, Alberta – OBSIDIAN ENERGY LTD. ( TSX: OBE ) ( OTCQX: OBELF ) (“ Obsidian Energy “, the “ Company “, “ we “, “ us ” or “ our “) is pleased to announce its independent reserves evaluation for the year ended December 31, 2020, prepared by Sproule Associates Limited (“ Sproule “). […]

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18 February

CALGARY, Alberta, Feb. 18, 2021 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has today filed with Canadian securities authorities: Audited Consolidated Financial Statements for the year ended December 31, 2020 with related Management’s Discussion and Analysis (Annual Report); and The Company’s Annual Information Form for […]

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