oil prices
Stock markets fall, oil prices plummet as COVID-19 fears rise again
The Toronto Stock Exchange had its worst day in months on Monday as rising COVID-19 infections around the world gave investors a sobering...
Pump prices expected to continue climb as oilpatch eyes better days ahead
With oil prices recently returning to some of their highest levels in years, experts say drivers should prepare to pay even more at the...
Alberta’s oil producers feel recovery — but analysts aren’t predicting a repeat of the last boom
When Alberta’s oil sector was thriving a decade ago, thousands of workers beat a path to Fort McMurray, Alta., as companies pumped cash...
Fire, flood, COVID and the oil crash: Fort McMurray businesses aim to bounce back from hard luck
Anyone who buys a restaurant knows the business is not for the faint of heart. In an oil town, where fortunes can rise...
A year of misfortune: How the global pandemic has battered N.L.’s oil and gas industry
Amanda Young had her dream job as a cook on the Terra Nova FPSO, one of four oil-producing platforms in offshore Newfoundland and Labrador. “We...
Layoffs from Cenovus-Husky oilpatch merger expected to begin today
The fallout from the merger of two oilpatch majors — Cenovus Energy and Husky Energy — is expected to land in downtown Calgary...
After a turbulent year, Canada’s energy industry braces for more upheaval in 2021
Turbulent, chaotic, overwhelming — it’s been the kind of year that tests a person’s nerves and their vocabulary. At times, there have been...
Saskatchewan staved off bankruptcy in the ’90s. Is there hope for N.L., too?
Roy Romanow says he still loses sleep over decisions he made 27 years ago. The former NDP premier of Saskatchewan came to power amid...
For Canada’s energy sector, a Joe Biden win would be just 1 more item on a long list of uncertainties
This week was the first time Tom Simons had travelled to the U.S. in eight months because of the pandemic, and he just happened...
Cenovus to cut up to 25% of combined workforce with Husky Energy after merger
The $3.8-billion merger between Cenovus Energy and Husky Energy will result in a trimming of the workforce by as much as 25 per...
Cenovus is merging with Husky Energy: What that means for jobs and the future of the oilpatch
The last time Cenovus Energy swung for the fences with a bold move to vastly expand, the mega-deal was a major flop. It...
Alberta unconcerned about OPEC prediction for slower growth in oil demand over next 25 years
Alberta’s energy minister is unconcerned about a new report by the Organization of the Petroleum Exporting Countries (OPEC) that suggests demand for oil will...
PST in Alberta has long been taboo. Is Jason Kenney the one to finally sell it?
Premier Jason Kenney’s conservative ideology and long-term opposition to tax increases could work in his favour if he tries to introduce a provincial...
How COVID-19 has changed Canada’s economy for the worse — but also for the better
Every facet of Canadian life has been changed by the current pandemic, from how and where we live, to how we shop, eat and...
Simple explanations for market ups and downs often prove unreliable: Don Pittis
At the beginning of last week, some Canadians managing their retirement nest eggs may have thought the market crash caused by the COVID-19...
What the oilpatch thinks about the financial aid offered by Ottawa
Not long after oil prices started their plunge in March, the calls for financial aid for Canada’s oilpatch began — and continued as...
