Pressure builds on Teck Resources CEO
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK), Canada’s largest diversified miner, is facing pressure from investors who want the company to divest its energy and coal business and replace long-standing chief…
Suncor Energy Inc
Wave of consolidation hits Canada’s oilsands
VANCOUVER — It’s been a volatile few years for Canadian energy producers in Alberta’s oilsands. Last year provincial voters elected the New Democratic Party, which is rarely a ready friend to…
TSX dips as oil drops, Oct. 24-28
The S&P/TSX Composite Index lost ground over the week, retreating 1.3% to 14,785.29, as the price of oil weakened. The S&P/TSX Global Mining Index stayed relatively flat at 63.46, while…
US stocks surge, May 23–27
U.S. indexes gained ahead of the Memorial Day weekend, after U.S. Federal Reserve Chair Janet Yellen hinted at a possible interest rate hike in the coming months. The Dow Jones…
TSX ends in the red, May 2–6
The Toronto stock market declined during the first week of May on the back of lower commodity prices and weak economic data. Statistics Canada reported the economy lost 2,100 jobs…
Syncrude Works At Reclamation In The Oilsands
Having been one of the earlier entrants into the oilsands in the 1970s, Syncrude, one of the largest oilsands operators, has had some practice with reclamation.
Oilsands see technology as saviour from environmental dilemma
The economic benefits of Albertas oilsands are undisputed. Swollen government coffers and generous earnings for in…
Higher cash costs and lower production for Suncor
A drop in production at its Fort McMurray oil sands operation has prompted Suncor Energy (SU-T) to lower its 2007 p…