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By Canadian Press |
October 30, 2008
Canadian Oil Sands Trust (COS.UN) said record oil prices helped third-quarter profit climb 67%, but that it is cutting its quarterly dividend by 40% "in response to current market conditions."
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By Canadian Press |
October 23, 2008
The head of Husky Energy Inc. (HSE) says large oil companies with strong balance sheets will continue to develop oilsands projects despite the global financial meltdown, but smaller players may suffer.
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By Canadian Press |
October 20, 2008
Shares of oilsands operator Nexen Inc. (NXY) and its partner Opti Canada Inc. (OPC) rose Monday after a published report that the two companies have delayed a decision on whether to expand their Long Lake oilsands operation in northern Alberta.
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By Canadian Press |
October 20, 2008
As some of the biggest names in the Canadian oilpatch begin reporting their third-quarter earnings this week, an analyst says he expects the biggest variable in their bottom lines will be how well their refining and marketing businesses fare.
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By Canadian Press |
September 22, 2008
Canadian Oil Sands Trust (COS.UN) said Friday that the Syncrude emission reduction project is now expected to cost about $1.6 billion, up from an earlier estimate of $772 million due to delays and inflationary pressures.
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By Canadian Press |
September 20, 2008
Canadian Oil Sands Trust (COS.UN) said Friday that the Syncrude emission reduction project is now expected to cost about $1.6 billion, up from an earlier estimate of $772 million due to delays and inflationary pressures.
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By Lauren Krugel |
July 24, 2008
Besides the well known potash sector--which is 'printing money,' and uranium, there's a buzz about oil and gas, as well as grain.
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By Lauren Krugel |
May 14, 2008
Following EnCana's lead, Bankers Petroleum is spinning its Albanian heavy oil and North American shale gas businesses off into two different companies.
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By John Lewandowski |
October 25, 2007
Compared with the same period in 2006, EnCana profits fall to $934 million from $1.36 billion while Suncor's profits fall to $677 million from $682 million.
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By The Canadian Press |
October 24, 2007
But the Alberta royalties debate could significantly impact its fourth-quarter earnings.