Oil And Gas

• Ovintiv consolidates holdings with $3.3B Montney deal, $2.8B Uinta sale

  Ovintiv Inc. is streamlining its operations with a deal to buy assets in Alberta's Montney region while off-loading its holdings in Utah.

  Money

  Nov 14
  
• Trump’s proposed tariffs unlikely to include Canadian oil: experts

  The threat of the tariff is causing a lot of concern in Canada, where the Canadian Chamber of Commerce said such a tariff could take a $30-billion bite out of the Canadian economy.

  Canada

  Nov 14
  
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• Alberta asks municipalities to name oil companies not paying taxes, reeve says no use

  The RMA president said he doesn't expect the Alberta Energy Regulator to shut down oil companies for unpaid taxes, leaving municipalities with no choice but to shoulder the cost.

  Economy

  Nov 6
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• ‘I’m pissed’: Alberta premier, oil and gas industry slam Ottawa’s new emissions cap

  The proposed cap-and-trade system is being met with anger from Alberta politicians and skepticism from industry stakeholders, who warn such a measure will harm the energy sector.

  Politics

  Nov 4
• Veren Inc.’s share price plunges as oil producer lowers output forecast

  The company has operations in Alberta and Saskatchewan and used to be known as Crescent Point Energy Corp.

  Money

  Nov 1
• Imperial Oil reports $1.24B 3rd-quarter profit, down from $1.6B last year

  The company says the profit amounted to $2.33 per diluted share for the quarter ended Sept. 30, down from $2.76 per diluted share a year earlier.

  Money

  Nov 1
• Canadian Natural Resources Ltd. further reduces natural gas drilling due to price slump

  Canada's largest oil and gas producer indicated earlier this year it would reallocate investment from its natural gas development program in favour of heavy crude oil wells.

  Money

  Oct 31
• Cenovus Energy reports $820M Q3 profit, down from $1.86B last year

  Total upstream production in the quarter amounted to 771,300 barrels of oil equivalent per day, down from 797,000 a year earlier.

  Money

  Oct 31
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• Precision Drilling sees 3rd-quarter profits rise on stronger rig demand

  Precision Drilling says its revenue was $477 million, up from $447 million in the prior year's quarter.

  Money

  Oct 30
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• IEA deputy head tells Calgary crowd investing in oil and gas still important

  Mary Burce Warlick made the comments in Calgary, the corporate heart of Canada's oil and gas sector.

  Economy

  Oct 23