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  • July 22- Husky Energy Inc, Canada's No. 3 integrated oil company, reported a second-quarter loss, compared with a year-earlier profit, as production fell due to planned maintenance and the Fort McMurray wildfire in Alberta. WTI by the end of 2016, as several of the company's key projects are up and running, including the 30,000- barrel-per-day Sunrise, which was...

  • July 22- Husky Energy Inc, Canada's No. 3 integrated oil company, reported a second-quarter loss, compared with a year-earlier profit, as production fell due to planned maintenance and the Fort McMurray wildfire in Alberta. The Calgary- based company reported a loss of C $196 million, or 20 Canadian cents per share, for the second quarter ended June 30, compared with a...

  • Royal Dutch Shell products in Torzhok, Russia.

    Oil prices are shedding their gains, but Evercore analyst Doug Terreson said it's not time to abandon the big oil trade.

  • TORONTO/ CALGARY, June 21- Suncor Energy Inc plans to make acquisitions in the North Sea and Eastern Canada to bolster its offshore upstream oil business as assets become available due to the slump in global oil prices, three sources familiar with the process said. The company reassessed its growth strategy after a massive Alberta wildfire in May that closed...

  • The sale could fetch around $800 million and help Canada's biggest energy company pay down debt incurred by recent acquisitions, the people said this week. Calgary, Alberta- based Suncor, which merged with Petro-Canada in 2009, is working with Bank of America Corp on the sale process, said the sources, asking not to be identified because the matter is...

  • CALGARY, Alberta, June 1- Husky Energy Inc, Canada's No. 3 integrated oil company, expects to generate full-year free cash flow and may reinstate a cash dividend after the recent rally in crude oil prices. The company said it could maintain production if crude prices hovered around $30 per barrel, though it expects to generate about C $800 million in full-year free...

  • CALGARY, Alberta, June 1- Husky Energy Inc, Canada's No. 3 integrated oil company, expects to generate free cash flow and may reinstate a cash dividend after the recent rally in crude oil prices. Husky, controlled by Hong Kong billionaire Li Ka- shing, produces oil and natural gas in Canada and southeast Asia, and holds numerous exploration licenses off Canada's...

  • June 1- Husky Energy Inc, Canada's No. 3 integrated oil company, said it expected to generate free cash flow and may reinstate a cash dividend as crude oil prices have rallied in recent weeks. The company said it could generate about C $800 million in free cash flow if oil rises to $50 from $40 per barrel on an annualized basis. Husky, controlled by Hong Kong billionaire...

  • June 1- Husky Energy, Canada's No. 3 integrated oil company, said it expected to generate free cash flow and may reinstate a cash dividend as crude oil prices have rallied in recent weeks. The company said it could generate about C $800 million in free cash flow if oil rises to $50 from $40 on an annualized basis. Husky said it was on track to complete eight projects by...

  • Imperial's net loss was C $101 million, or 12 Canadian cents per share, in the first quarter ended March 31, compared with net income of C $421 million, or 50 Canadian cents per share, a year earlier. Imperial shares were last down 0.2 percent on the Toronto Stock Exchange at C $41.97 following the slight miss on market expectations. "The key differences relative to our...

  • HOUSTON, April 29- Exxon Mobil Corp and Chevron Corp posted sharp drops in quarterly results on Friday as an oversupplied fuel market shrank profits from their refining units, which until now had provided healthy margins that helped insulate them from a 60 percent slide in oil prices since mid-2014. Exxon reported net income of $1.81 billion, or 43 cents per...

  • April 29- Imperial Oil Ltd, Canada's integrated oil producer and refiner, reported a slightly bigger-than-expected quarterly loss, hurt by continued weakness in crude prices. Imperial's net loss was C $101 million, or 12 Canadian cents per share, in the first quarter ended March 31, compared with net income of C $421 million, or 50 Canadian cents per share, a year...

  • An employee holds a control panel as barrels are filled with lubricant oil ahead of shipping at Royal Dutch Shell Plc's lubricants blending plant in Torzhok, Russia.

    With oil prices expected to trade lower for longer, more energy companies are set to face default, according to one CEO.

  • Oil barrels sinking in oil

    Evercore ISI's Doug Terreson expects all oil majors to do a big deal, starting in the first half of this year.

  • Oil workers aboard the Agbami floating production, storage and offloading vessel, operated by Chevron Corp., in the Agbami deepwater oilfield in Nigeria.

    With big oil's profits and revenues expected to fall significantly from a year ago, investors will have an eye on a few critical factors.

  • A Chevron petroleum storage tank is seen at Port Everglades in Fort Lauderdale, Florida.

    Investors looking for upside that comes with risk-oriented energy plays can find similar returns in Chevron, Sam Margolin of Cowen said.

  • Oil workers make a pipe connection on a drilling rig near Encinal, Texas.

    The recent leg lower in oil prices is no surprise, and the oil rout will get worse before it gets better, John Hofmeister says.

  • Shell said on Thursday it was reviewing its business interests in New Zealand as it seeks to streamline its portfolio amid a slump in energy prices.

  • A floorhand works on an oil rig in the Bakken shale formation outside Watford City, North Dakota.

    After years of strong employment gains that outpaced total private sector growth, the energy sector is now the biggest job cutter of 2015.

  • $100 oil coming back: Strategist

    Emad Mostaque of consulting company Ecstrat makes the case for triple-digit crude in an interview with Mandy Drury.