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Majority of oilsands ownership and profits are foreign, says analysis
OTTAWA - More than two-thirds of all oilsands production in Canada is owned by foreign entities, sending a majority of the industry's profits out of the country, says a new analysis released Thursday by a British Columbia-based conservation group ...
Canada's falling knives
“Canada has underperformed because it has fewer attractive technology and consumer stocks, misplaced fear in our banks, and so much exposure to China through our natural resources,” MacAdam said. Decker notes that while the overall level of demand ...
Rail makes big inroads in oil transport
Cenovus Energy Inc., Canadian Natural Resources Ltd., Crescent Point Energy Corp., Husky Energy Inc. and Baytex Energy Corp.
Head in the sand, tar in every orifice: Climate change policy in Canada
Statoil, Mocal Energy, Murphy Oil, Royal Dutch Shell, Devon Energy, ConocoPhillips, Petrobank Energy Resources, Husky Energy, MEG Energy, Imperial Oil, Nexen, Canadian Natural Resources Limited, Suncor Energy, Canadian Oil Sands, and Cenovus ...
Australian recruitment war hits Canada's energy, mining sectors
“Right now there is a global war for talent in any resource or mining industry,” Rupert Merrick of Working In Ltd., the Australian company organizing the expo, said during a Thursday news conference. “The skills that ... “The Canadian labour force is ...
Labrador's iron ore goes global
Having produced more than 2 billion tonnes of ore over 50 years of continuous production, “The Trough” can claim a prominent place in the Canadian mining sector. Currently, with new mine openings, major expansions at ... At present, there are three ...
China's energy influence in Canada
s 9% stake in Syncrude Canada Ltd., among Canada's largest oil sands operators. Despite owning a small minority of shares, Ms. May contends it is enough for Sinopec to put ... Around the same time, another poll conducted on behalf of various Canadian ...
Suncor bonds solid despite dividend hike
In particular, a switch out of Cenovus Energy Inc. or Canadian Natural Resources and into Suncor credit provides a decent spread pick-up for U.S.
Canadian oil production may hit six million bpd by 2020: CIBC
Canadian oil production may rise by as much as 2.5 million barrels per day by 2020, blowing past previous forecasts, according to a CIBC report published Wednesday.
China moving up Canada's energy value chain
But from an Asian perspective, the huge investments in oil and gas resources - both in oil sands and unconventional gas - have only served to highlight the abundance of energy Canada contains. That, in turn, has made clear the opportunity in related ...