03 August

Kevin Neveu, President and CEO, Precision Drilling joins BNN Bloomberg to discuss the company’s latest earnings as the oil and gas sector continues to face headwinds. He says that he is hopeful about the future of the sector and the worst the sector had to endure is behind it. See Full Stock Page » CALGARY […]

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02 August

RBC Capital analyst Gregory Pardy maintained a Hold rating on Baytex Energy ( BTE ) on July 30 and set a price target of C$0.70. The company’s shares closed last Friday at $0.47. According to TipRanks.com , Pardy has 0 stars on 0-5 stars ranking scale with an average return of -7.1% and a 41.1% […]

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01 August

CALGARY — Oil production and refining volumes at Husky Energy Inc. are gradually returning to normal after deep cutbacks earlier this year but the company is braced for a "bumpy" recovery, CEO Rob Peabody said Thursday. The Calgary-based energy producer and refiner reported having curtailed about 80,000 barrels per day of mainly heavy oil output […]

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01 August

LANSING, Mich. (AP) — A webinar is scheduled to help keep the public informed about the application permitting process for Enbridge Energy’s Line 5 tunnel project. The webinar will start at 6 p.m. Thursday, according to the Michigan Department of Environment, Great Lakes, and Energy (EGLE). Enbridge has proposed building a utility tunnel under the […]

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01 August

You have access to this full article to experience the outstanding content available to SPE members and JPT subscribers. To ensure continued access to JPT’s content, please Sign In , JOIN SPE , or Subscribe to JPT A pilot project was initiated to classify oil and gas projects in Mexico using the United Nations Framework […]

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31 July

The TSX ticker is shown in Toronto on May 10, 2013. THE CANADIAN PRESS/Frank Gunn Toronto’s main stock index shed more than 100 points to close the trading week as it was dragged down by the energy sector despite a boost to the price of oil. The S&P/TSX composite index fell 130.09 points to 16,169.20, […]

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31 July

Shares in Imperial Oil Ltd. are trading lower after it beat analyst expectations on oil and gas production but fell well short of second quarter earnings. The Imperial Oil logo is seen at the company’s annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh CALGARY — The CEO of Imperial Oil Ltd. […]

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31 July

TransCanada Corp. president and CEO Russ Girling addresses the company’s annual meeting in Calgary, Friday, April 27, 2018. The CEO of TC Energy Corp. says it is developing a plan to guard against the spread of the COVID-19 virus as it moves ahead with site preparation and planning for the US$8-billion Keystone XL Pipeline project. […]

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31 July

CALGARY — Shares in Imperial Oil Ltd. are trading lower after it beat analyst expectations on oil and gas production but reported a higher-than-forecast second-quarter loss. The Calgary-based company reported a net loss of $526 million on revenue of $3.7 billion in the three months ended June 30, down from a net profit of $1.2 […]

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31 July

CALGARY, Alberta – Imperial Oil Limited (TSX:IMO): Net loss of $526 million primarily driven by lower Upstream realizations and Downstream margins Managed operational and financial impacts of COVID-19 Optimized turnaround activities at key assets with significant cost efficiencies Reduced year-to-date production and manufacturing expenses by over $450 million versus 2019 Year-to-date capital expenditures on track […]

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