Oil Industry Canada

Canada's Oil Industry Slashes Its Long-Term Growth Forecast

CP | Lauren Krugel, The Canadian Press | Posted 06.09.2015 | Canada Business

CALGARY - Canada's biggest energy industry group is predicting a slower pace of growth in Canada's oil sector because of the steep drop in oil prices....

Oil Prices Won't Bounce Back Anytime Soon: Conference Board

CP | Lauren Krugel, The Canadian Press | Posted 05.25.2015 | Canada Business

CALGARY - The Conference Board of Canada delivered bad news Wednesday for those hoping the pain from the latest crude oil downturn will subside any ti...

Wait, What? This Canadian Oil Company Just Tripled Its Profit

CP | Lauren Krugel, The Canadian Press | Posted 05.05.2015 | Canada Business

CALGARY - Canadian Natural Resources Ltd. (TSX:CNQ) almost tripled its profit in the fourth quarter and said it was raising its dividend as the oil an...

Oilsands Face ‘Death Spiral' If They Don't Cut Costs: Laut

The Huffington Post Canada | Daniel Tencer | Posted 02.20.2015 | Canada Business

As the world’s oil glut continues to build, wiping out hopes of a price recovery, the head of one of Canada’s largest oilsands operators is warnin...

The Oilsands Paradox

CBC | Posted 02.26.2015 | Canada Business

Reporting on a tiny community downstream from Alberta’s Athabasca oilsands was one of the hardest stories I have worked on in my life. It was not ...

Regulating Oil Is 'Crazy'? Experts Beg To Differ

CP | Bruce Cheadle, The Canadian Press | Posted 02.10.2015 | Canada Business

OTTAWA - Opposition critics and energy experts are questioning Prime Minister Stephen Harper's contention that Canada can't move to curb greenhouse ga...

Oil Prices Headed For $30/Barrel, Threaten Global Stability: Analysts

The Huffington Post Canada | Daniel Tencer | Posted 12.01.2014 | Canada Business

Oil prices hit a five-year low on Monday, with the Brent crude benchmark price falling to $67.53 U.S., the lowest price since October, 2009, before bo...

Up Next For Canadian Oil In The U.S.: More Lawsuits

CP | Alexander Panetta, The Canadian Press | Posted 01.11.2015 | Canada Business

WASHINGTON - There are new threats of lawsuits against Canadian oil pipeline projects in the United States.The legal threats suggest the election of a...

Canadian Oil Companies Could Be On Hook For Billions In Climate Damages

CP | Bob Weber, The Canadian Press | Posted 12.09.2014 | Canada Business

Advances in climate change science could be creating a huge legal liability for major Canadian energy companies, especially from foreign judgments bei...

The Slippery Reach Of Big Oil's PR Machine

Press Progress | Posted 02.06.2014 | Canada Business

The Canadian Association of Petroleum Producers seems to be everywhere these days, selling the idea that the rapid development of the tar sands withou...

How Canada Could Make An Extra Cool $200 Billion A Year

CP | Lauren Krugel, The Canadian Press | Posted 03.18.2013 | Canada Business

CALGARY - A new report has some advice for Canada when it comes to managing its oil wealth — be more like Norway.The study from the Canadian Centre ...

How Big Is Canada’s Oil Subsidy To The U.S.?

The Globe and Mail | Posted 01.07.2013 | Canada Business

Do the math on some 2 million barrels a day of heavily discounted oil exports and suddenly you’re talking about an enormous wealth transfer from Can...

Is Canada's Economy Becoming A One-Trick Pony?

CBC | Posted 09.19.2012 | Canada Business

Canada’s economic diversity is fading, according to a commentary released Wednesday. “It’s likely that the early days of Confederation were o...

Rising Oil Prices A Double Loss For Canadians: Carney

CP | Posted 04.05.2012 | Canada Business

OTTAWA -- The recent run-up of oil prices is not bringing the usual benefits for the economy and an enduring or pronounced spike will hurt consumers, ...

Denying Climate Change Denies us Jobs

Megan Leslie | Posted 04.10.2012 | Canada Politics
Megan Leslie

The Conservative government needs to stop denying climate change and realize jobs can be created through investing in green infrastructure projects, enhanced public transit, and green research and development, all of which will spur economic development in every community in Canada.

Oil Sputters: Down $30 Per Barrel In 3 Months

CP | Posted 10.08.2011 | Canada Business

NEW YORK, N.Y. - Oil prices fell over $3 to near US$83 a barrel Monday after Standard & Poor's downgraded the U.S.'s credit rating — a blow to confi...