TORONTO – International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2021. IPC also released its Sustainability Report 2020, which details the Corporation’s environmental, social and governance (ESG) performance. Q2 […]
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A tank farm at the Enbridge pipelines terminal in Sarnia. Article content Canadian pipeline operator Enbridge Inc reported second-quarter profit which beat expectations on Friday, as oil volumes transported on its Mainline system rose from a year ago due to a rebound in fuel demand. Article content The performance reflects a steady recovery in Canada’s […]
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* Canadian dollar weakens 0.2% against the greenback * Loonie trades in a range of 1.2489 to 1.2542 * Price of U.S. oil falls 2.4% * Canadian 10-year yield touches its lowest since Feb. 18 TORONTO, Aug 3 (Reuters) – The Canadian dollar on Tuesday weakened for a third day against its U.S. counterpart as […]
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TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2021. IPC also released its Sustainability Report 2020, which details the Corporation’s environmental, social […]
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Kavango Basin oil exploration is lighting up again with a series of big announcements on Friday by the junior explorer behind what we consider is the most exciting onshore play in a decade . After stunning markets with two consecutive confirmations of an active petroleum system in Namibia’s giant Kavango Basin, Reconnaissance Energy Africa ( […]
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Jake Klein is taking lockdown…well. Pic: Evolution share EVOLUTION MINING Evolution Mining executive chairman Jake Klein produced a sensational zag on Day 2 of the Diggers and Dealers, hinting a dot com style bubble may be forming around the valuation of “green minerals” companies. It came in the wake of day-one proceedings that saw decarbonisation […]
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Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – According to the recently released data by Statistics Canada (StatCan), Canada’s real gross domestic product contracted 0.3% in May, following […]
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Fuel storage tanks containers stand at the NuStar Energy LP Selby Terminal in Crockett, California, U.S., on Thursday, April 23, 2020. Photographer: David Paul Morris/Bloomberg San Antonio-based pipeline operator NuStar Energy L.P. said Monday it will sell eight of its oil storage terminals outside Texas to Sunoco LP for $250 million. The eight terminals represent […]
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The public inquiry report into what the Alberta government labels troublesome foreign funding of enviro-groups was delivered Friday – a year late and million dollars over its original budget. “When my final report is made public, I believe Albertans will gain a new understanding of how foreign funding has played an influential role in public […]
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Stimulus Check – Canadian miner Teck’s profit disappoints, input costs rise FILE PHOTO: Mining samples are displayed at a Teck Resources booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 1, 2020. REUTERS/Chris Helgren (Reuters) -Teck Resources Ltd on Tuesday flagged a rise in input costs and […]
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