Canadian pipeline operator Enbridge Inc on Wednesday posted a quarterly profit slightly higher than analysts' estimates and said it sees volumes growing across the Mainline, North America's biggest oil pipeline network.
Canada's Cornerstone Capital Resources Inc said on Wednesday it would urge SolGold Plc shareholders to replace the company's entire board, a day after rejecting the UK-listed miner's takeover offer for a second time.
The U.S. Department of Justice is examining whether German payment company Wirecard AG played a critical role in an alleged $100 million bank-fraud conspiracy connected to an online marijuana marketplace, the Wall Street Journal reported on Wednesday.
July 1 Canadian pipeline operator Enbridge Inc
can restart operations at the west leg of its Line 5
pipeline while the damaged east leg remains shut, a Michigan
circuit court judge ruled on Wednesday.
Canadian pipeline operator Enbridge Inc has to halt Line 5 operations and disclose information related to the recent damage caused to a part of the oil pipeline, a Michigan circuit court judge ordered on Thursday.
Ovintiv Inc said on Thursday it laid off 25% of its total workforce this month as the oil and gas producer grapples with plunging fuel demand and lower prices due to the COVID-19 crisis.
U.S. shale producers Continental Resources Inc and Callon Petroleum Co on Monday joined their peers in cutting production as the coronavirus crisis slashed oil prices and demand for fuel.
EOG Resources said on Thursday it was shutting existing wells and delaying the start up of about 150 net new ones until the second half of 2020, as it further cuts its spending to battle one of the worst oil price shocks in decades.
May 7 EOG Resources said on Thursday it
was shutting existing wells and delaying the start up of about
150 net new ones until the second half of 2020, as it further
cuts its spending to battle one of the worst oil price shocks in
CHICAGO/BENGALURU, April 29 Global grains trader
Archer Daniels Midland Co reported a drop in
first-quarter revenues on Wednesday but topped Wall Street
profit estimates, helped by growth in its nutritional businesses
and as its agricultural services group got a boost from robust
Brazilian farmer selling.