Warren Buffett's Berkshire Hathaway added Charter Communications to its stock holdings during the second quarter.» Read More
CALGARY, Alberta, Oct 20- Spot crude-by-rail volumes are down in Canada as traders and marketers including Glencore PLC are deterred by stronger heavy oil prices that have erased arbitrage opportunities to ship cheap crude from landlocked Alberta to higher-priced U.S. markets, industry sources said. The international commodities group Glencore no longer...
CALGARY, Alberta, Oct 8- Canadian crude exports to the United States topped 3 million barrels per day last week for the first time, suggesting delays to new export pipelines such as TransCanada Corp's Keystone XL were failing to check oil sands development. Enbridge Inc has also run into regulatory delays on its cross-border Alberta Clipper pipeline expansion...
TORONTO, Oct 7- U.S. billionaire investor Wilbur Ross is looking at investing in the Canadian and U.S. energy sectors, betting a long-term recovery in oil prices will boost the fortunes of small and mid-cap companies whose shares have been battered since June. Ross, who made his name by snapping up out-of-favor assets ranging from banks to textile firms, told...
*Canada lobbied against previous labelling proposal. BRUSSELS/ CALGARY, Oct 7- A European Union plan to label Canadian tar sands oil as highly polluting as part of its fight against climate change has been abandoned after years of opposition from Canada, clearing the way for exports of tar sands crude to the European market. Canada sees Europe as a potential...
TORONTO, Sept 19- Canada's main stock index took its sharpest one-day hit in seven months on Friday as a broad array of stocks from banks to telecommunications and resource companies pushed it to a 1.7 percent decline for the week.
TORONTO, Sept 18- Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors.
Revamped U.S. refineries are absorbing heavy Canadian crude and new oil-rail terminals built by companies like Gibson Energy Inc and Canexus Corp are loading trains to deliver crude to markets across North America, and potentially abroad, limiting the downturn and keeping prices buoyant compared to the past seasons.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc disclosed a new $366 million stake in cable TV operator Charter Communications Inc and pared its holdings in two other pay-TV companies, part of a flurry of changes in its stock investments during the second quarter. DirecTV is awaiting regulatory approval to sell itself to AT&T for $48.5 billion.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc reported a $366 million stake in cable TV operator Charter Communications Inc in the second quarter, according to a regulatory filing made public on Thursday.
CALGARY, July 30- Penn West Petroleum Ltd said it has uncovered accounting irregularities that misclassified nearly C $300 million in expenses over the last four years, and the Canadian oil producer will restate its results.
The city of 25,000, known for its scenic lighthouses and sweeping views of the island-speckled waters of Casco Bay, is also the east coast's second largest oil port, located at the southern terminus of the Portland-Montreal Pipeline, which currently flows north to Canada.
*B2Gold drops after plan to acquire Australia's Papillon. TORONTO, June 3- Canada's benchmark stock index rose for a third straight session on Tuesday, driven by gains in the share prices of energy producers and financial companies, as positive economic data from China boosted sentiment.
CALGARY, Alberta, June 2- A worker was killed at Suncor Energy Inc's oil sands site in northern Alberta on Monday while performing maintenance on a piece of heavy equipment, a company spokeswoman said.
CALGARY, Alberta, May 14- Alberta, the Canadian province whose oil sands hold the world's third-largest crude reserve, said on Wednesday it will not participate in a global oil conference in Moscow next month as a protest against Russia's actions in Ukraine.
CALGARY, Alberta, May 14- Alberta, the Canadian province with the world's third-largest crude reserve in its oil sands, said Wednesday it will not participate in a global oil conference in Moscow next month as a protest against Russia's actions in Ukraine.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
EDMONTON, Alberta, April 29- The chief executive of Suncor Energy Inc, Canada's largest oil producer, criticized U.S. government delays in approving new cross-border pipeline projects on Tuesday, warning that the U.S. dream of energy independence is unachievable without Canadian oil.
What a week on "Squawk Box"! Bill Ackman teams up with Valeant to buy Botox-maker Allergan. Novartis' buying and selling and lil' Squawkers running the show.
Some airports have FAA approval to drill for oil. The income is helping to cut airline fees and make improvements for passengers.
Happy Monday. Market advice: It looks like the mo-mos are no-nos.