A proposed rail route from Alaska to Alberta Image: Alberta Railway Development Corp. U.S. President Donald Trump’s decision to approve a rail link between Canada and Alaska could open up an export route to Asia for Alberta’s struggling oil sands producers. The presidential permit, announced in a tweet late on Friday, will push forward a […]
Read MoreNick Ashton, senior vice president for exploration in Norway and the UK. (Photo: Ole Jørgen Bratland) Equinor has made a North Sea oil and gas discovery that could hold up to as much as 38 million barrels of oil equivalent. The Norwegian energy giant, which has a regional base in Aberdeen, struck oil and gas […]
Read MoreOil reversed an earlier decline following a weaker dollar and a broader rally in markets. The U.S. currency hit a session low, making commodities priced in the greenback more attractive, and European equities rallied the most in two weeks. The oil market, however, still faces an uncertain outlook with an executive at trading giant Vitol […]
Read MoreThe COVID-19 pandemic has been battering the oil and gas industry for a while now, and some players have thrown in the towel. Companies in the oil and gas space have put themselves up for sale, as they hope to survive in a different world. Smaller players are getting acquired by companies with cash who […]
Read MoreFutures for Canada’s main stock index rose on Monday as oil prices gained, with strong economic data from China bolstering hopes of a global economic recovery. The TSX gained 153.09 points to conclude Friday at points to 16,065.35, limiting the downward swing over the last five sessions to 132.43 points, or 0.82%. The Canadian dollar […]
Read MoreLiqTech International ( NASDAQ:LIQT ) and Enerpac Tool Group ( NYSE:EPAC ) are both small-cap industrial products companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, risk, institutional ownership, profitability, valuation and earnings. Analyst Recommendations Get LiqTech International alerts: This is a […]
Read More(Reuters) – Futures for Canada’s main stock index rose on Monday as oil prices gained, with strong economic data from China bolstering hopes of a global economic recovery. Profits at China’s industrial firms grew for the fourth straight month in August, supported in part by a rebound in commodities prices and equipment manufacturing, the statistics […]
Read MoreBaker Hughes Posts Jump in US Rigs More The number of rotary drilling rigs operating in the United States rose to 261 this week, Baker Hughes Co. (NYSE: BKR) reported Friday. The latest U.S. rig count represents a week-on-week jump of six drilling units. The number of U.S. oil rigs grew by four this week […]
Read MoreMaha Energy AB (publ) Strandvägen 5A SE-114 51 Stockholm www.mahaenergy.ca Press Release Stockholm Maha Energy AB (publ) – Announces an operational update Maha’s 2 x 1,380 HP compression project at Tie has been successfully commissioned Drilling rig is now onsite at the “Tie 2” location in Brazil and has commenced drilling Maha Energy AB ("Maha" […]
Read MoreTORONTO — The technology and utilities sectors pushed Canada’s main stock index higher to end another choppy week. "It’s been very sloppy," said Colin Cieszynski, chief market strategist at SIA Wealth Management. TORONTO — The technology and utilities sectors pushed Canada’s main stock index higher to end another choppy week. "It’s been very sloppy," said […]
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