Tag Archives: oilpatch

When news broke of U.S. forces attacking and seizing Venezuela’s Nicolás Maduro earlier this month, Barry Blacklock’s phone began buzzing. The Calgarian had lived in Venezuela for 17 years, becoming a permanent resident and working in the energy sector before leaving in 2009. “That night I was getting emails from …

Listen to this article Estimated 5 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A regime change in Venezuela could both help that country regain its former prominence as an …

There’s growing interest among U.S. investors in the Canadian oilpatch, a trend driven by friendlier rhetoric from the federal government and a belief that the industry north of the border will more reliably return cash to them in the years ahead. Jeremy McCrea, a Calgary-based managing director at BMO Capital …

Calgary-based electricity producer TransAlta Corp. is suing the Alberta government and the Alberta Energy Regulator to prevent oil and gas companies from fracking near its largest hydroelectric dam in the province because the technique can cause earthquakes. The court action, which was filed in September in the Court of King’s Bench of Alberta, takes …

The Canadian oilpatch is basking in its most lucrative year ever. Hefty prices for both oil and natural gas that have pained consumers are delivering a bounty of riches for the industry. That bounty was reinforced over the past few weeks as companies again posted extraordinary profits. While commodity prices have softened slightly, …