Bitcoin Drops Below $90,000 for First Time in 7 Months
Bitcoin falls below US$90,000, extending its decline from October's record high. Discover the factors behind the selloff and what experts predict next for the crypto market.
Category : Search result: Russian oil assets
Canadian Oil Sands Make Comeback Amid U.S. Shale Slowdown
Canada's oil sands industry is experiencing a major resurgence as production hits record highs and investor interest surges, driven by the Trans Mountain pipeline expansion and plateauing U.S. shale output.
IEA and OPEC at Odds Over Oil Demand Forecast
A record gap between IEA, OPEC, and EIA oil demand forecasts creates market confusion. Discover the implications for Canada's energy sector and global prices.
Alberta pipelines face capacity crunch as production grows
Alberta's pipeline network approaches capacity as province targets 8 million barrels daily by 2035. Can optimization projects prevent another price crisis?
IEA: Oil Demand May Grow Beyond 2050
A new International Energy Agency scenario shows global oil demand rising past 2050 if current climate policies continue, reshaping investment outlook for Canada's energy sector.
Baytex Energy sells Eagle Ford operations for $3.25B
Calgary's Baytex Energy is divesting its U.S. Eagle Ford operations in a major $3.25 billion deal, reshaping its North American portfolio. Discover the strategic implications for Canada's energy sector.
California Vows to Block Trump Offshore Drilling Plan
California Governor Gavin Newsom pledges legal action against Trump administration's proposal for new oil and gas leases off California coast, first in decades.
Calian Group to Sell Assets After Shareholder Deal
Calian Group announces strategic changes including divesting non-core assets after reaching agreement with key shareholder. Learn how this restructuring will impact Canada's defense and tech sectors.
Global Oil Glut Looms, But Reversal Forces Emerge
Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.
Chinese 'wealth goddess' faces jail after UK crypto seizure
Chinese businesswoman Zhimin Qian, known as the 'goddess of wealth,' faces potential imprisonment following one of the UK's largest cryptocurrency seizures by authorities.
MEG Energy Shareholders Approve Cenovus Takeover Deal
MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.
Cenovus-MEG Energy Merger Approved by Shareholders
Cenovus Energy secures shareholder approval for its $3.8 billion acquisition of MEG Energy, creating Canada's second-largest oil producer amid industry consolidation.
Alberta Fires Back Over BC Oil Tanker Ban Demands
Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.
Suncor Shares Jump After Earnings Beat and Production Boost
Calgary-based energy leader Suncor delivers impressive Q2 results, exceeding analyst forecasts and raising production guidance, sending shares skyrocketing.
Ripple Raises $500M in Latest Funding Round
Blockchain powerhouse Ripple secures half-billion dollar funding in latest investment round, valuing company at staggering $15 billion as crypto market shows resilience.
Suncor Hikes Dividend, Beats Earnings Expectations
Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.
Canada to Regulate Stablecoins in 2025 Budget
The Canadian government is moving forward with comprehensive stablecoin regulations as part of its 2025 budget, aiming to create a safer digital currency environment while maintaining financial stability.
Suncor Q3 Profits Drop Despite Record Production
Calgary's energy giant Suncor reports surprising third-quarter profit decline even as production hits unprecedented levels. Discover the factors behind this financial paradox.
U.S. Sanctions North Korean Crypto Money Launderers
The United States imposes sweeping sanctions on North Korean bankers and crypto money launderers accused of funding weapons programs through stolen digital assets.
Oil & Gas Reality: What Companies Are Actually Doing
While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.
Laurentian University Sells Historic Bell Mansion
Laurentian University has successfully completed the sale of the historic Bell Mansion, marking a significant step in the institution's financial recovery journey. The heritage property in Sudbury has been acquired by a local entrepreneur.
OPEC+ Extends Oil Production Freeze Amid Market Concerns
OPEC+ maintains current oil output levels as global economic uncertainty and oversupply fears shake energy markets. What this means for Canadian consumers and the economy.
Imperial Oil sells Calgary HQ, cuts hundreds of jobs
Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Oil Steadies as U.S. Reimposes Venezuela Sanctions
Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.
Imperial Oil Profits Fall on Lower Crude Prices, Charges
Imperial Oil reports significant profit decline in Q4 2023 as lower crude prices and substantial impairment charges challenge Canada's energy sector. Discover how refining margins and production performed.
Cenovus-Husky Merger Vote Delayed Another Week
The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.
Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry
A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.
Alberta Oil Crisis: Price Crash Sparks Layoffs and Cuts
Alberta's oil industry faces a perfect storm of plunging prices, massive layoffs, and spending cuts that could reshape Canada's energy landscape for years to come.
Canadian Oil Sands Outshining U.S. Energy Peers
A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.
Russia's Oil Exports Hold Steady Despite Sanctions
Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.
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