CALGARY — Pembina Pipeline Corp. says while it remains interested in global export opportunities, it isn't devoting much time currently to exploring a potential purchase of the Trans Mountain pipeline. The Calgary-based company formed a partnership in ..read more

(Reuters) – Pipeline operator Enbridge (ENB.TO), beat market estimates for first-quarter profit on Friday, as demand remained strong amid an uptick in oil production across North America. Improvements in technology have driven rapid growth in U.S. oil production over the past few years, benefiting pipeline operators such as Enbridge. The company recorded strong demand for its ... Read more ..read more

(Reuters) – Global benchmark Brent hovered above $84 a barrel on Friday after data this week signalled growing demand in the U.S. and China, the world’s two largest crude users, while festering conflict in the Middle East added support. Brent futures were up 50 cents to $84.38 a barrel at 1130 GMT. U.S. West Texas ... Read more ..read more

The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) widened on Thursday: • WCS for June delivery in Hardisty, Alberta, closed at $12.20 a barrel below WTI, according to brokerage CalRock, after closing at $11.70 a barrel below the benchmark on Wednesday. • Canadian heavy crude ... Read more ..read more

CALGARY — Crescent Point Energy Corp. reported a loss of in its latest quarter as it was hit by a non-cash impairment charge related to assets in Saskatchewan it is selling. The oil and gas producer says it lost $411.7 million or 66 cents per share fo ..read more

Our oil is moving in the expanded TMX pipeline, finally.  By Resource Works More News and Views From Resource Works Here Oil is already filling the expanded Trans Mountain oil pipeline between Alberta and its Westridge marine export terminal in Burnaby B.C. And tankers will be able to load with oil in mid-May — 71 ... Read more ..read more

CALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (“Prospera” or the “Corporation“) (TSX.V:PEI, OTC:GXRFF, FRA:OF6B, OF6B.SG, OF6B.BE) announces that further to its news release dated April 25, 2024, the Corporation’s principal regulator, the Alberta Securities Commission (the “ASC“) granted a management cease trade order (the “MCTO“) on May 7, 2024, under National Policy 12-203 Management Cease Trade ... Read more ..read more

May 09, 2024 7:07 PM EDT | Source: Cardinal Energy Ltd. Calgary, Alberta–(Newsfile Corp. – May 9, 2024) – Cardinal Energy Ltd. (TSX: CJ) (“Cardinal” or the “Company”) is pleased to announce its operating and financial results for the first quarter ended March 31, 2024. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE FIRST QUARTER OF 2024 Production ... Read more ..read more

May 09, 2024 7:27 PM EDT | Source: Journey Energy Inc. Calgary, Alberta–(Newsfile Corp. – May 9, 2024) – Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (“Journey” or the “Company“) announces its financial results for the first quarter of 2024. The complete set of financial statements and management discussion and analysis for the periods ended March ... Read more ..read more

Even while he battled his illness, Murphy still filed in recent months, writing about Hamas and Christmas and interviewing Pierre Poilievre with his distinctive panache ‘Incredible how radical’ Trudeau is — Pierre Poilievre’s interview with Rex Murphy Rex Murphy, the loquacious and voluble National Post columnist, radio host and podcaster, has died. ‘Incredible how radical’ ... Read more ..read more