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Yedlin: Seven Generations Energy bucks grim earnings trend

Between the challenging commodity-price environment, a lack of access to capital, banks increasing their loan loss reserves and now, the raging wildfires at Fort McMurray, it’s tough to find good news in the oilpatch. 781 more words


Varcoe: Encana keeps cutting costs as signs of recovery emerge

Hope for the best, plan for the worst — and keep on whittling down costs, regardless of gyrating commodity prices.

That should be the mantra for the Canadian oilpatch coming out of a brutal first quarter, as petroleum producers continue to pile up red ink even as commodity prices have come off the floor. 762 more words


Encana still finding cost savings as oil rout drags on

Encana Corp., the energy producer switching its focus to oil from natural gas, is still locking in double-digit cost savings even as the crude market downturn approaches two years. 261 more words


Encana Corp plays up cost-cutting success after it dives into the red on 40% revenue drop

CALGARY – Encana Corp. executives played up the company’s success in cutting costs Tuesday, following a tough quarter during which the company posted a large net loss and its cash flows dropped 79 per cent. 351 more words


How one woman's generosity changed the face of Canada's oil industry

It was a simple thing. Donate $500 a year each to help two struggling students continue their studies and, in doing so, honour her late husband. 742 more words

Local News

Dave Chappelle Nearly Didn't Perform At Show Because Of Prince's Death, Calls It The 'Black 9/11'

Prince Rogers Nelson is known for his incredible songwriting, unbelievable guitar mastery and his wild fashion sense. But one of the most iconic things that he is famous for doesn’t even physically involve him whatsoever. 492 more words


Michelle McNamara, True Crime Writer And Wife Of Patton Oswalt, Has Tragically Died, Celebrities React To Her Sudden Passing

Michelle McNamara, a crime writer and wife of actor/comedian and actor Patton Oswalt, has tragically died at her home in Los Angeles on Thursday, according to Oswalt’s publicist. 499 more words