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LATEST OIL HEADLINES
OIL & GAS STOCKS TO WATCH
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6:14Little hope seen for oil patch activity as steep price discounts continue
The Canadian oil and gas sector is in a holding pattern in which spending and production growth can't occur until new ways to get products to export markets are found, according to CIBC analyst Jon Morrison.
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5:59'The latest whammy': Ceci says WCS discount further hamstrings Alberta
A widening Canadian crude discount is not what Alberta needs right now as it puts recession in its rearview mirror, according to the province’s finance minister.
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Earth samples show dust from B.C. pipeline blast not a health threat: Enbridge
The company that owns the natural gas pipeline that ruptured and burned one week ago in central British Columbia, says the dust that settled on homes near the blast site does not pose a health threat.
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Wall Street Banks Stage Commodities Comeback
The Wall Street commodities comeback is in full swing.
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U.S. Treasury Sanctions Iranian Companies, Banks and Others
The U.S. Treasury Department imposed sanctions on a raft of Iranian companies on Tuesday, including a steel producer, tractor manufacturer and banks.
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3:22Tank provider Gibson jumps amid Canadian crude woes
Gibson Energy Inc. surged the most in more than a year after announcing a plan to build 1 million barrels of new oil-tank space in Western Canada, underscoring how the crude storage and transportation provider is poised to benefit from the nation’s pipeline shortage.
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Free Advice to California Farmers
Stop hectoring the urbanites who drive by on Interstate 5 with cranky signs about water use and try educating them instead.
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Bet on Carbon Capture (But Not Only on Carbon Capture)
The winning strategy against climate change will involve pulling greenhouse gas out of the atmosphere, eliminating dirty fuels like coal and adding renewable energy.
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Walmart Agrees to Buy Power From Three Midwest U.S. Wind Farms
Walmart Inc. is buying 233 megawatts of power from three wind projects in Illinois and Indiana under development by the North American unit of EDP Renovaveis SA.
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Microsoft Transfers Risk of Power Prices That Vary With the Wind
Microsoft Corp. has helped develop a way to protect corporate buyers of clean power from electricity prices that go up and down with the weather.