Oilsands production in Canada will likely triple by 2035, making it the overwhelming source of Canadian crude oil and opening doors to additional energy exports, says a new report from the National Energy...
The European sovereign debt crisis cast a shadow over...
Nebraska and TransCanada Corp reached a deal Monday...
An unexpectedly strong month for energy exports returned...
The Obama administration has thrown the controversial Keystone XL oilsands pipeline into limbo with a decision to delay a final ruling on the $7-billion project until after the 2012 presidential election.
WestJet Airlines Ltd. reported a 10 per cent drop in its third quarter earnings Wednesday as a result of 'stubbornly' high fuel prices during the quarter.
Canada's refining industry seems to be the cousin that everyone ignores at parties. While oil sands developers regale guests with their success stories, natural gas is crowned as the belle of the ball and even alternative energy guys get attention as the exotic new relations, the refining industry is the under-performing black sheep of the family who may have even lost weight, but no one seems to notice.
Canada's economy expanded for the third straight month in August, driven by a rebound in the energy sector and raising expectations for solid growth in the third quarter.
If there is one commodity that has highlighted the heart-thumping madness on financial markets these past few years, it is oil. The world's most important fuel almost doubled in little more than a year to more than US$140 a barrel in the summer of 2008, only to drop 75% over the next six months to less than US$40. More recently, crude prices jumped back above US$100 thanks to the Arab Spring but are now hovering near US$85 and expected to fall further on growing concerns about another global recession.