06 August

The facade of the original Toronto Stock Exchange building is seen in Toronto (Reuters) – Canada’s main stock index scaled a five-month high on Thursday as a surge in shares of drugmaker Bausch Health and higher oil prices outweighed disappointment over earnings, including Bombardier’s surprise quarterly loss. * At 09:44 a.m. ET (13:44 GMT), the […]

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06 August

Canadian oil sands output to see largest annual decline in 2020: … IEA exec: Canada is right to put a cap on oil sands emissions Alberta, Ottawa sign deal reducing oil sands environmental monito… Canada’s oil sands emitted about two per cent less carbon dioxide per barrel of oil produced in 2018, a sign of […]

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06 August

CALGARY, Alberta – Commenting on the Company’s second quarter 2020 results, Tim McKay, President of Canadian Natural, stated “Canadian Natural is in a strong position as a result of our capital flexibility and continued focus on cost control, which maximizes margins in a volatile commodity price environment. The effectiveness of our strategies and our ability […]

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06 August

HIGHLIGHTS Sales volumes averaged 68,839 Boe/d (39 percent liquids) in the second quarter of 2020 compared to 70,022 Boe/d (38 percent liquids) in the first quarter. At Wapiti, second quarter sales volumes increased 107 percent to 14,940 Boe/d (64 percent liquids) compared to the first quarter as run time at the third-party processing facility improved. […]

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06 August

Image: CNRL Canadian Natural Resources Ltd. beat analyst expectations despite swinging to a loss in its latest quarter on a halving of revenues. The Calgary-based energy producer says it lost $310 million or 26 cents per share in the second quarter, compared with a year-ago profit of $2.8 billion or $2.36 per share. Its adjusted […]

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06 August

CALGARY, Alberta, Aug. 06, 2020 (GLOBE NEWSWIRE) — CSV Midstream Solutions Corp. ("CSV Midstream") is pleased to announce the completed expansion of its Karr 6-18 Sour Natural Gas Processing Plant ("Karr"), acquired from Paramount Resources Ltd. in 2019. Karr now has 150 million cubic feet per day of total raw sour gas handling capacity, including […]

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06 August

(Reuters) – Canadian main stock index’s futures fell on Thursday, dragged down by weaker oil prices and a dismal earnings report by Bombardier Inc. While fewer business jet deliveries hurt the Canadian plane and train maker, which reported a loss for the second quarter, oil prices slipped following concerns about a slowdown in the economic […]

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06 August

VANCOUVER, BC, Aug. 6, 2020 /CNW/ – ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) provides this announcement following the full drawdown of the Liquidity Guarantee issued by Nemesia S.á.r.l., a company controlled by a trust settled by the late Adolf H. Lundin, ("Nemesia") and the deposit of […]

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05 August

Current economic conditions In early 2020, the balance of supply and demand for petroleum and petrochemical products experienced two significant disruptive effects. On the demand side, the COVID-19 pandemic spread rapidly across Canada and the world resulting in substantial reductions in consumer and business activity and significantly reduced local and global demand for crude oil, […]

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05 August

CALGARY, AB – Keyera Corp. (TSX: KEY) (“Keyera”) announced its 2020 second quarter financial results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera’s website at www.keyera.com , or, to view the MD&A and financial statements, visit either Keyera’s website or Keyera’s filings […]

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