26 February

CALGARY, AB – The Petroleum Services Association of Canada (PSAC) is pleased that the Government of Alberta is focused on measures to address the healthcare challenges of the ongoing pandemic and its impacts on the economy. The budget is also focused on ensuring that Alberta has a competitive advantage for business, capital investment, and jobs […]

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26 February

See Full Stock Page » Oil advanced to a new one-year high as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand. Futures in New York were up as much as 2.8 per cent Wednesday, rising to the highest intraday since January 2020. Energy Information Administration data showed […]

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26 February

(Bloomberg) –Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand. Futures in New York climbed 2.5% Wednesday, rising to the highest since January 2020. Energy Information Administration data showed crude output fell to 9.7 million barrels a […]

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26 February

CALGARY, Alberta (AP) _ Advantage Oil & Gas Ltd. (AAVVF) on Thursday reported fourth-quarter net income of $18.5 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Calgary, Alberta-based company said it had profit of 9 cents. The oil and gas company posted revenue of $53.7 million […]

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26 February

While oil’s dizzying collapse is still fresh for many traders, rumblings are starting to emerge that by the end of next year prices could once again top US$100 a barrel. Azerbaijan’s Socar Trading SA predicts global benchmark Brent could hit triple digits in the next 18 to 24 months, and Bank of America sees potential […]

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26 February

The rebound in the oil market has investors wondering if Suncor (TSX:SU) (NYSE:SU) and other top energy stocks are good buys right now. Oil market outlook Last April, oil futures briefly traded in negative territory amid fears that global storage capacity wouldn’t be able to handle supply. The world avoided the situation and oil prices […]

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26 February

Aerial view of Sunshine Oilsands West Ells project in this August 2014 image supplied by the company. Article content Oil companies owe more than $24.6 million in unpaid taxes to the Regional Municipality of Wood Buffalo as of Feb. 22. This is an increase from nearly $19 million owed to the municipality last January. Across […]

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26 February

CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) ( TSXV: RZE ) is pleased to provide a summary of its 2020 year-end reserves evaluation and an updated operational outlook. The highlights and reserves summary below set forth Razor’s gross reserves at December 31, 2020, as evaluated by Sproule […]

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26 February

CALGARY, AB, Feb. 25, 2021 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to announce increased 2021 production guidance, reduced 2021 capital guidance, and 2020 year-end results and reserves highlights. Results from Advantage’s 2020 drilling program have exceeded expectations both in costs and well performance, positively impacting our 2020 reserves, […]

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25 February

Alberta’s 2021-22 budget predicts a deficit of $18.2 billion and debt ballooning to a record $115.8 billion by the end of the fiscal year, as the province continues to recover from the COVID-19 pandemic and low oil prices. The budget, tabled Thursday by Finance Minister Travis Toews, points to widespread distribution of the COVID-19 vaccine […]

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