Oil
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U.S., allies look to clinch Russian oil prices amid war in UkraineWith thousands of sanctions already imposed on Russia to flatten its economy, the U.S. and its allies are working on new measures to starve the Russian war machine.WorldJul 13
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Soaring gas prices leave touring Canadian musicians in a tough spotThanks to high gas prices, staggering inflation and other ripples of the pandemic, few corners of the live music industry have gone untouched by financial woes.CanadaJun 26
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Talks between oil refiners, Biden officials end in impasse over gasoline priceRefiners cut capacity during the COVID-19 crisis shutdowns, but post-pandemic demand and a global fuel crisis after Western nations sanctioned Russian oil have driven prices up.EconomyJun 23
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Moe returns from U.S. after meetings to gather support for Saskatchewan energy, miningMoe visited New York to talk about finance and investment and in Washington the conversations were focused on energy security in North America.ConsumerJun 10
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April, June oil and gas public offerings raise $2.9 million in revenueThe revenue generated from the June and April sales alone totals $22.2 million. That's $7 million more than the whole 2021-22 fiscal yearConsumerJun 9
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Ever wonder how the price of fuel is set at the pumps?Experts say there are four main factors that go into determining the price of fuel.ConsumerMay 30
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Montreal gas prices surpass $2.15 to hit new recordA number of gas stations are selling regular fuel at a price of $2.15 a litre, which amounts to an 80-cent increase compared with last year.TrafficMay 16
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Enbridge reports $1.93B first quarter profit as energy demand and prices growPipeline giant Enbridge Inc. will accelerate investments in low-carbon technologies as the war in Ukraine drives global concerns about energy supply and security.EconomyMay 6
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Canadian Natural Resources sees first quarter profit more than doubleWith the war in Ukraine pushing oil prices to heights not seen in years, CNRL said it now expects its net debt level to fall below $8 billion in late 2022 or early 2023.EconomyMay 5
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Here’s why the European Union might find it tough to phase out Russian oil purchasesThe European Union has proposed a phased embargo of Russian oil but may find it tricky to implement, given Europe's complex distribution network.WorldMay 4
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