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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Aug 3 (Reuters) – Abu Dhabi National Energy Company is nearing a deal to sell some light oil and natural gas-producing assets in Alberta and British Columbia to privately owned Blue Sky Resources Ltd, three sources familiar with the matter told Reuters. Abu Dhabi National Energy Company, also called TAQA, has reached an agreement on […]
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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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VANCOUVER, BC, Aug. 2, 2021 /CNW/ – (TSX: AOI ) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("AOI", "Africa Oil" or "the Company") is pleased to announce that it has received a dividend from Prime Oil and Gas Cooperatief UA ("Prime") and that is has completed the refinancing of its corporate loan facility. View PDF version […]
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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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After racking up debt in 2020, the Canadian oilpatch is enjoying a rebound so far this year as major oil producers are gushing profits as oil prices are near a seven-year high. This week, many energy companies based in Calgary unveiled their latest earnings reports and for the second straight quarter, the industry showed hefty […]
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Cenovus logo seen at the company’s headquarters in Calgary, Alta., November 15, 2017. Cenovus Energy Inc. reported a fourth-quarter profit of $113 million compared with a loss of nearly $1.36 billion in the same quarter a year earlier. The oilsands company says the profit amounted to nine cents per share for the quarter ended Dec. […]
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