29 March

Image: Kinder Morgan Canada CALGARY — One of the leaders of a First Nations consortium planning to offer $6.8 billion for majority ownership of the Trans Mountain pipeline says federal government principles for Indigenous buyers are “exactly aligned” with its goals. Harrie Vredenburg, a Project Reconciliation executive board member and professor at the University of […]

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29 March

Drilling near Fort St. John, B.C. Image: Trinidad Drilling After a disastrous 2016, oilfield service companies reported a rebound in revenues in 2017 as increases in oil prices and capital investment resulted in a significant bump in field activity. Sixty-one per cent of respondents to the 2019 Daily Oil Bulletin Service & Supply Outlook Survey […]

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29 March

CALGARY, Alberta, March 28, 2019 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) (www.razor-energy.com) is pleased to announce its fourth quarter and year end 2018 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s audited consolidated financial statements and management’s […]

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29 March

In 2013, the National Wildlife Federation sent divers to look at Enbridge, Inc.’s aging straits pipelines, finding wide spans of unsupported structures encrusted with exotic zebra mussels and quagga mussels. Gov. Gretchen Whitmer on Thursday issued an executive directive ordering all state departments to stop any activity related to an oil pipeline replacement project in […]

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29 March

Suncor Energy logo Fmr LLC reduced its holdings in Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 27.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,979,172 shares of the oil and gas producer’s stock after selling 17,748,812 shares during the quarter. […]

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29 March

Encana logo Two Sigma Advisers LP increased its holdings in Encana Corp (NYSE:ECA) (TSE:ECA) by 1,122.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,507,200 shares of the oil and gas company’s stock after buying an additional 1,383,868 shares during the quarter. Two Sigma Advisers LP […]

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29 March

CenturyLink Investment Management Co reduced its position in Exxon Mobil Co. (NYSE:XOM) by 4.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 47,970 shares of the oil and gas company’s stock after selling 2,323 shares during the period. Exxon Mobil comprises approximately 1.5% of CenturyLink Investment Management […]

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29 March

CALGARY, March 28, 2019 /CNW/ – After reviewing the statement issued by Michigan Attorney General Nessel and Governor Whitmer’s executive directive, Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) is surprised and disappointed they have taken this position with respect to the legislation when the Straits tunnel project will further enhance the safety […]

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28 March

Canada’s stock exchange managed to cling to modest gains despite a dip in oil prices and a plunge in the gold sector. The TSX moved up 22 points with gains in seven of 11 sectors. President Donald Trump factored into a down day for crude, after he took to Twitter to voice his displeasure about […]

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28 March

The emirate acquired Nova in 2009, and the asset soon became one of its top investments after the company took advantage of the U.S. shale boom. (Bloomberg) — Abu Dhabi’s Mubadala Investment Co. is exploring options for Nova Chemicals Corp., a Canadian plastics maker that could be valued at $10 billion or more, according to […]

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