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Oilweek Magazine
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Click here to view a free sample digital edition of Oilweek magazine. As a paid subscriber, all issues of the magazine, including back issues, are online for you to read, search, and reference. |
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Latest Headlines
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Jul 2, 2009 5:34:00 PM MST
DAWSON CREEK, B.C. _ The RCMP say a bomb was behind a leak at a gas well belonging to Calgary-based EnCana (TSX:ECA), one of the major players in northern British Columbia's rapidly expanding oil and gas industry.It's the fifth time since last fall that the company's oil and gas operations have been targeted.The Mounties said Thursday that the gas leak discovered on Canada Day at a...
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Jul 2, 2009 3:23:00 PM MST
DAWSON CREEK, B.C. _ The RCMP say a bomb was behind a leak at a gas well belonging to Calgary-based EnCana (TSX:ECA), one of the major players in northern British Columbia's rapidly expanding oil and gas industry.It's the fifth time since last fall that the company's oil and gas operations have been targeted.The Mounties said Thursday that the gas leak discovered on Canada Day at a
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 | Jul 2, 2009 2:39:00 PM MST
TORONTO _ The energy sector led the Toronto stock market to a lower close Thursday amid disappointing data that showed the U.S. unemployment rate at its highest point since 1983.The S&P/TSX composite index was down 129 points at 10,245.91 as the August crude contract on the New York Mercantile Exchange fell US$2.58 to $66.73 a barrel _ its lowest level in a month.Each of the three...
| | | Jul 2, 2009 2:24:00 PM MST
TORONTO _ The energy sector led the Toronto stock market to a lower close Thursday amid disappointing data that showed the U.S. unemployment rate at its highest point since 1983.The S&P/TSX composite index was down 129 points at 10,245.91 as the August crude contract on the New York Mercantile Exchange fell US$2.58 to $66.73 a barrel _ its lowest level in a month.Each of the three...
| |  | Jul 2, 2009 2:12:00 PM MST
DAWSON CREEK, B.C. _ The RCMP confirm that a gas leak at a well in northern B.C. was caused by an explosion.It's the fifth attack against oil and gas infrastructure belonging to EnCana since last October.The leak was discovered on Canada Day in a remote area south of Dawson Creek, near the village of Pouce Coupe just a few kilometres from the Alberta boundary.Investigators...
| |  | Jul 2, 2009 1:11:00 PM MST
NEW YORK _ Oil prices tumbled to their lowest level in a month Thursday following the release of woeful job numbers in Europe and the U.S.Benchmark crude for August delivery fell $2.58, nearly four per cent, to settle at US$66.73 a barrel on the New York Mercantile Exchange.Crude hit an eight-month high in midday trading Tuesday, but prices have fallen at the close for five straigh...
| | | Jul 2, 2009 12:37:00 PM MST
TORONTO _ The Toronto stock market tempered earlier losses while U.S. markets posted sharp declines in mid-afternoon trading amid disappointing U.S. joblessness numbers that indicate economic recovery may take longer than expected.The S&P/TSX composite index was down 78.84 points at 10,296.07 as the August crude contract on the New York Mercantile Exchange fell US$2.55 to US$66.76 a barrel...
| | | Jul 2, 2009 12:05:00 PM MST
WINNIPEG _ Nordic Oil & Gas Ltd (TSXV:NOG) and partner Western Warner Oils Ltd. said Thursday they plan to apply to the province of Alberta for permits to build an underground coal gasification project at a Drumheller, Alta. property.The companies are making preparations to submit an application for what would be the second such UCG project in Canada, Nordic chairman and CEO Donald Benson...
| | | Jul 2, 2009 11:33:00 AM MST
Eds: In addition to the following, a story on the long-term impact of the recession on Canada's economy will move on Business and General wires, slugged BC-Economy.___MONTREAL _ Air Canada's (TSX:AC.B) mechanics and technical staff could be asked to vote again on a proposed labour contract after they narrowly rejected a deal that would freeze their wages until March 31, 2011. The I...
| | | Jul 2, 2009 10:04:00 AM MST
DAWSON CREEK, B.C. _ Police are treading carefully in their investigation of a suspicious explosion at an EnCana natural gas pipeline in northeastern B.C.RCMP Cpl. Dan Moskaluk says officers have to make sure the area is safe to enter before they can go in and determine if the blast was human-caused or criminally motivated.The rupture in a wellhead was discovered yesterday and an E...
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