Canceled LNG project casts shadow over Canada's biggest shale playReutersCALGARY, Alberta, Aug 4 (Reuters) - Petronas' decision to cancel its Pacific NorthWest LNG project is a blow to the growth outlook for Canada's largest shale play, elimina …

CBC.caOil prices take another dive — can the oilpatch take it?CBC.caThe collapse of the oil-services company Sanjel in 2016 was typical of a no-good, terrible year in Alberta. The family-owned company had grown quickly and was carrying too much debt when t …

Five Things We Learned This Week: Back to $30 Oil?BloombergOil has been wavering around $56 a barrel for months, recovering in 2016 from the plunge that sent crude down to almost $27 in January 2016. OPEC got its members — and some non-members — to cut pro …

CBC.caOil production tug of war looms between OPEC and USCBC.caThe past week has been a good one for OPEC. The cartel trumpeted its oil production cuts on Wednesday, saying that it had made 90 per cent of the promised cuts and that non-OPEC members had mad …

CBC.caSaudis came out ahead in the oil price war, but everyone lostCBC.caTwo years ago, a barrel of oil sold for $82.04 US, and Saudi Arabia was producing somewhere around 9.75 million barrels a day, a potential $800 million a day in revenue. Last month, S …

CBC.caOil giants look to invest despite losses and price collapseCBC.caSince oil prices began to nosedive two years ago, Cenovus Energy has been on its heels, desperately trying to cut costs. Management slashed capital spending, delayed projects and cut th …

CBC.caOil at $50: What life looks like in the oilpatch 2 years after prices plummetedCBC.caTwo years ago, $50 oil would have been considered a nightmare scenario. Even last June, no one in the energy sector would have welcomed it. But two years into the oi …

CNBCFort McMurray wildfire cuts production by a million barrels a day — and oil prices drop?CBC.caIt's been nearly a week since Alberta's oil production began to slow as a result of the wildfire in Fort McMurray. More than a million barrels a day h …

CBC.caFort McMurray's fire rages, pushing oil up but loonie takes a dive anyway: BUSINESS WEEK WRAPCBC.caOil surged through the week as it became clear that the fire was enough to impact global supply. Ordinarily that would be good news for the loonie …

CBC.caOil storage tanks filled to levels not seen in 80 yearsCBC.caThe concern is what will happen this fall and whether oil supplies will hit "tank top." North American refineries are running at near capacity this summer, buying up oil and conve …