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Encana offering expected to raise more than $1B to double its wells in a Texas oilfield

Encana Corp. says it will issue up to 107 million new common shares in a public offering designed to allow it to put more rigs to work in a promising Texas oilfield. 127 more words

Energy

New Encana Corp offering expected to raise more than $1 billion, add 107 million new shares

Encana Corp., the Canadian oil and natural gas producer, is selling about US$1 billion of shares to fund drilling in Texas next year and repay debt. 195 more words

Energy

Wall Street ends flat as banks gain, Apple drags; Toronto up on financials, resources

A see-saw session on Wall Street on Monday ended little changed, with gains in big bank stocks offsetting a drag from Apple, as investors braced for the Federal Reserve meeting later this week. 831 more words

U.S. Federal Reserve

Parker: RBC's Cottle helps seal landmark Calgary office deal

It’s no secret real estate in downtown Calgary is suffering from a lack of activity, due largely to the downturn in the oil and gas industry. 578 more words

Real Estate

TransCanada Corp. 'out working the street' pitching lower natural gas mainline toll to clinch deals

TransCanada Corp. is hoping that giving up a few more cents on its natural gas mainline tolls will go a long way in convincing energy producers to sign up for long-term contracts. 680 more words

Energy

TransCanada hopes lower tolls will gain long term pipeline commitments

TransCanada Corp. is hoping that giving up a few more cents on its natural gas main line tolls will go a long way in convincing energy producers to sign up for long-term contracts. 685 more words

Energy

Varcoe: Watching the pendulum swing on Alberta's fragile economy

ConocoPhillips Canada will cut up to 300 jobs this fall, while Encana Corp. expects to spend an additional US$200 million on capital later this year to drill more wells. 903 more words

Politics