06 April

BLB&B Advisors LLC raised its holdings in shares of Chevron Co. (NYSE:CVX) by 1.3% in the 4th quarter, Holdings Channel reports. The firm owned 76,184 shares of the oil and gas company’s stock after buying an additional 992 shares during the period. Chevron makes up approximately 1.1% of BLB&B Advisors LLC’s holdings, making the stock […]

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05 April

A aerial view of Kinder Morgan’s Trans Mountain marine terminal, in Burnaby, B.C., is shown on Tuesday, May 29, 2018. Canada’s Parliamentary budget watchdog says government paid "sticker price" for the Trans Mountain pipeline project when it purchased the pipeline from Kinder Morgan for $4.5 billion. Earlier this year, Canada’s Parliamentary Budget Officer released a […]

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05 April

HollyFrontier logo Norges Bank acquired a new position in shares of HollyFrontier Corp (NYSE:HFC) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 1,912,956 shares of the oil and gas company’s stock, valued at approximately $97,790,000. Other institutional investors also recently made changes to their positions in the company. Pitcairn Co. lifted its position in […]

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05 April

Tolls on Highway 407 are going up this week MONTREAL — SNC-Lavalin Group Inc. has signed a deal to sell the bulk of its stake in Ontario’s 407 toll highway operator for $3.25 billion, some of which will go toward a loan from Quebec’s pension fund. The OMERS pension plan will buy a 10.01 per […]

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05 April

The the number of active oil and gas rigs rose by 19 after two weeks of big losses in the United States this week according to Baker Hughes, in a sign that US production is still set for increases. The total number of active oil and gas drilling rigs rose by 20 rigs according to […]

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05 April

Image: Suncor Energy TORONTO — The electric-vehicle road trip is becoming more practical as an increasing number of players work to close gaps in Canada’s fast-charger networks. New entrants like Petro-Canada and Electrify Canada are working to add dozens of fast-chargers across the country this year, building on efforts already underway by provincial utilities and […]

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05 April

Between 1973 and 2008, just prior to the U.S. housing crisis, the price of a barrel of crude oil rose from under US$3 to over US$160, marking a gain of 5,200% Yet science continues to show us that the consumption of fossil fuels is doing irreparable damage to our ecosystems and the environment, and with […]

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05 April

Senator Peter Harder, Government Representative in the Senate, leaves the Senate Chamber in Ottawa on June 19, 2018. OTTAWA — Senators have agreed to discard a hard deadline on the passage of Bill C-69, according to a document obtained by the National Post, easing the pressure to complete the sweeping energy reforms before spring. After […]

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05 April

Steel pipe to be used in the Trans Mountain pipeline expansion on rail cars at a stockpile site in Kamloops, B.C. CALGARY – Frustrated by regulatory delays, Canadian pipeline companies have submitted a solitary natural gas pipeline proposal in the last two years, according to a new report that blasts Canada’s competitiveness. The Canadian Energy […]

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05 April

FILE – This Feb. 17, 2016, file photo shows a water pool attached to Robinson Drilling rig No. 4 in Midland County, Texas. Ken Medlock, director of an energy-studies program at Rice University in Houston, says an assessment Tuesday, Nov. 15, 2016, by the U.S. Geological Survey that the Wolfcamp Shale in the Midland region […]

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