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(Reuters) OPEC oil output rose in December, a Reuters survey found on Friday, as increases in Iraq, Angola and Nigeria offset ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market. The Organization of the Petroleum Exporting Countries pumped 27.88 million barrels per day (bpd) last month, the …
OPEC December Oil Output Rises Before New Cuts, Angola Exit – Survey Read More »
Canadian energy, power and mining companies are expected to lead a rebound in dealmaking this year helped by lower interest rates, following a slump in overall mergers and acquisitions in 2023 to the lowest since the outbreak of COVID-19, bankers said. Money markets are betting that the Bank of Canada (BoC), which raised interest rates …
Canadian Dealmaking Seen Rebounding in 2024, Led by Energy, Mining Read More »
(Reuters) – Trans Mountain Corp (TMC.UL) plans to begin line fill in March or May on its long-delayed Canadian oil pipeline expansion, depending on the diameter of pipe it uses and assuming no new problems, the Canadian government-owned company said in a filing on Wednesday. The company is awaiting a regulatory decision on its request …
Canada’s Long-Delayed Trans Mountain Pipeline Plans Line Fill for March or May Read More »
Canadian Prime Minister Justin Trudeau faces a setback for his climate-change action plan in conservative-leaning Saskatchewan, as provincial opposition mounts against the federal carbon tax. On Monday, the western Canadian province stopped collecting the tax applied to homes heated by natural gas and electricity, after Trudeau’s Liberal government exempted home heating oil from the tax …
