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T'was the Downturn before Christmas: A holiday ode to the oilpatch

Herald reader Darci McAulay shared this poem, a fitting holiday tribute.

T’was the night before Christmas and all through the basin,

Not a drill bit was churning, not even pipe casin’; 960 more words

Local News

Moody’s places Suncor, Husky and other Canadian energy players on review for downgrade

CALGARY – The continued oil price rout has caused ratings agency Moody’s Investors Service to review the credit of seven Canadian oil and gas companies, possibly downgrading their debt. 167 more words

Energy

Encana Corp slashes dividend and cuts capital spending by more than a quarter

Encana Corp. is planning to “reset” its dividend next year as it adjusts to a protracted downturn that has seen oil prices decline to a six year-low. 642 more words

Energy

Business achievement recipient Rooney navigates complicated waters

2015 Western CGCA — Business Achievement

Robert Rooney has been through a lot in his long and storied legal career, which began when he was called to the bar in 1984. 999 more words

Energy

Encana shifting spending to Texas from Alberta on policy reviews

By Rebecca Penty

Encana Corp. is planning for slower growth from its Alberta natural gas business as it shifts spending to Texas while the province finishes two policy reviews. 417 more words

Energy

FP Watchlist: Barrick to sell Nevada assets, Encana reports big loss, Rolls Royce cuts earnings forecast

Barrick Gold has agreed to sell a group of non-core assets in Nevada for US$720 million to help repair the company’s balance sheet, Encana Corp. says it had a US$1.2-billion net loss in the third quarter, as it wrote down the value of assets and Rolls-Royce issued its fourth profit warning in just over a year

Investing Pro

Encana Corp delays Alberta gas plants until royalty review concludes, boosts Texas spending

CALGARY – Encana Corp. will push “pause” on a natural gas processing plant in northwestern Alberta until the results of a provincial royalty review are in and spend its money in Texas instead. 502 more words

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