Energy News for the Canadian Oil & Gas Industry

• Encana CEO defends plan to move HQ to Denver after investor criticism
  CALGARY — The CEO of Encana Corp. is firing back after Canadian investment manager Letko, Brosseau & Associates Inc. said it would vote its four per cent stake against the Calgary-based company's planned headquarters move to Denver. Doug Suttles, a Te... The post Encana CEO defends plan to move HQ to Denver after investor criticism […]
• Pembina Pipeline Corporation Receives Canadian Competition Bureau Approval for the Proposed Acquisition of Kinder Morgan Canada
  November 20, 2019 CNW CALGARY – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) is pleased to announce that it and Kinder Morgan Canada Limited (“Kinder Morgan Canada”) (TSX:KML) have received a “no-action letter” from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge the proposed acquisition by […]
• Pembina Pipeline deal with Kinder Morgan cleared by Competition Bureau
  CALGARY — Pembina Pipeline Corp. says the Canadian Competition Bureau has signed off on its $4.3-billion deal to buy assets from Kinder Morgan Inc. The Calgary-based company says the receipt of the "no-action letter" from the bureau clears the final r... The post Pembina Pipeline deal with Kinder Morgan cleared by Competition Bureau appeared first on Energy News for […]
• Five Things to Know in World Business Today
  By Adam Haigh Nov 19, 2019 (Bloomberg) The U.S. Senate passes a bill aimed at backing Hong Kong protesters, Washington and Beijing are discussing tariff rollbacks, and the EU is poised to send a warning to China over 5G. Here are some of the things people in markets are talking about. Deal Closer? The near-deal between the U.S. […]
• Oil Steadies After Hitting Two-Week Low on Rising Stockpiles
  By Saket Sundria and Grant Smith Nov 20, 2019 (Bloomberg) Oil steadied after falling to a two-week low on signs of swelling American crude inventories, while heightened political tensions clouded the chances of a trade deal between the U.S. and China.Futures held above $55 a barrel in New York after slumping 3.2% on Tuesday, the most […]
• Energy Council of Canada member organizations collaborate to create 2019 Canadian Energy Compendium
  November 19, 2019 CNW OTTAWA – The Energy Council of Canada has released its newest annual initiative, the Canadian Energy Compendium. The Compendium is a collaborative project comprised of articles provided by the organization’s cross-sectoral membership. The initiative aims to highlight a different aspect of Canadian energy each year, to be selected with input from Energy Council members. The subject […]
• Cordy Oilfield Services Inc. Reports Third Quarter 2019 Results
  November 19, 2019  | Source: Cordy Oilfield Services Inc. CALGARY, Alberta, Nov. 19, 2019 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its third quarter 2019 results. Three months ended September 30, Nine months ended September 30, ($ 000’s) 2019 2018 ($) Change 2019 2018 ($) Change Revenue Environmental Services […]