Calgary HeraldMajor cuts in production could lead to oil shock, IEA saysCalgary HeraldAn oil shock may be lurking around the corner as the price bust has hammered investment in future supply, according to the International Energy Agency. “Historic” investm …

Calgary HeraldYergin, OPEC leader expect balance in oil market as early as next yearCalgary HeraldGlobal demand for crude will bring more balance to the oil market as soon as next year, according to Pulitzer Prize-winning author and energy consultant Danie …

Calgary HeraldHusky could sell oil and gas properties after cutting 1400 jobsCalgary HeraldHusky Energy Inc. is considering selling assets after cutting 1,400 jobs to weather an oil-price slump. The Canadian oil producer controlled by Hong Kong billionaire …

Calgary HeraldBanks expected to squeeze Canadian oil companiesCalgary HeraldStarting in earnest after Labour Day, oil and natural gas companies will begin the twice-yearly pilgrimage to their banks to discuss funding. It's not going to be easy, with co …

Calgary HeraldOPEC likely to keep oil prices low amid signs strategy is workingCalgary Herald“Dramatic cuts in spending and drilling are finally having an impact, so why on earth would Saudi Arabia change course now their strategy is just starting to bear …

Calgary HeraldEnbridge reaches settlement with Michigan over 2010 oil spillCalgary HeraldEnbridge Inc. has reached a settlement with the state of Michigan nearly five years after a broken pipeline spilled more than three million litres of oil into wetlands …