Tag Archive | "canadian natural resources"

Analysts: Expect Keystone XL Pipeline Approval

Monday, September 19, 2011

Key report from the US Department of State should set the stage for project`s approval from the White House, say analysts.

Temporary Oil Production Delays and Cold Temperatures Impact Prices

Monday, January 10, 2011

The Trans Alaska Pipeline was shut down on Saturday following the discover of a leak at an intake pump station at Prudhoe Bay, constricting supply in one of the United States' key oil arteries. Cold weather in the Northeast during December translated into 5 consecutive stock draws in the Central Atlantic, while New England stocks fluctuated during the month.

Canadian Merger as Crude breaches $51 per barrel

Monday, March 23, 2009

The market in Toronto jumped significantly, in part due to the merger announcement between Suncorp (TSE:SU) and Petro-Canada (TSE:PCA). Petro-Canada was up 20 per cent at the end of the day and many of the other Canadian oil patch companies rose along with it. EnCana (TSE:ECA), Canadian Natural Resources (TSE:CNQ) and Talisman Energy (TSE:TLM) all closed up significantly.

Benchmark: Troubled waters

Monday, September 29, 2008

Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s $700 billion financial sector bailout plan, commodities began to tank. Oil futures shed more than $10 of their value during the day, dropping to $96.37 per barrel.

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