Keystone XL Scrapped: Trudeau, Biden Govts Off To Rough Start?

• January 18, 2021 06:17 AM EST
• Team Kalkine

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• January 12, 2021 09:42 AM EST
• Kunal Sawhney

Oil prices jumped to a 11-month high as the US dollar weakened in the early hours of Monday, January 12. Brent oil price surged 1.60 per cent to US$ 56.55 per barrel, while the Crude Oil West Texas Intermediate (WTI) Futures soared as much as 1.61 ...

• January 10, 2021 12:57 AM EST
• Kunal Sawhney

    Summary Total investments in traditional oil and gas production and oil sands operations likely to increase to almost C$ 27 billion in 2021 from C$ 24 billion in 2020, as per CAPP study. Beginning next month, Saudi Arabia will cut...

• January 07, 2021 08:53 AM EST
• Team Kalkine

Summary Energy and Cannabis exchange traded funds (ETFs) rallied on Wednesday, buoyed by the blue wave in the US Senate. iShares S&P Global Clean Energy soared over 7 per cent as Saudi Arabia announced to cut its oil production starting in ...

• January 05, 2021 11:51 AM EST
• Hina Chowdhary

Summary Oil and gas stocks are making their presence felt on the TSX. Ballard Powers stocks shot up over 220 per cent in 2020. Suncor saw its stock price jump by nearly four per cent early morning on Tuesday in the wake of latest impairment ch...

• January 04, 2021 09:45 AM EST
• Hina Chowdhary

Summary Husky and Cenovus have closed their merger transaction, informed both the companies in separate exchange filings. Stocks of Husky have rallied by 107 per cent in the last three months. Its 10-day average volume stands at 2.63 million un...

• December 30, 2020 04:07 AM EST
• Hina Chowdhary

Summary Suncor Energy Inc (TSX: SU) and Enbridge Inc (TSX: ENB), are currently trending high on the Toronto Stock Exchange. Stocks of Suncor Energy shot up about 30 per cent in the last three months Enbridge saw its stocks climb over 10 per ce...

• December 26, 2020 12:18 AM EST
• Kunal Sawhney

Canadian utility and pipeline companies ensured the continuity of gas and light supply throughout the coronavirus crisis while taking measures to limit their employees' exposure to the virus. The TSX utilities index is up 8.40 percent year-to-date (...

• December 20, 2020 12:46 AM EST
• Kunal Sawhney

    It was a difficult year for Canada’s energy sector. From reeling under the pressure of pandemic to the being trapped in the midst of oscillating oil prices, value of energy stocks witnessed an unprecedented erosion this year. A...

• December 15, 2020 08:36 AM EST
• Team Kalkine

Keystone pipeline operator TC Energy Corporation (TSX: TRP) on Tuesday announced that it is acquiring all outstanding stocks of US-based TC PipeLines (NYSE: TCP, TCP: US) in a deal that values the later at US$ 1.68 billion. Unitholders of the US-bas...