ATHOF News and Press, Athabasca Oil Corp From 03/11/20

Alberta's government could mandate further oil production cuts if rising crude supplies and falling prices threaten the survival of drillers in the province, Premier Kenney says. More news on: Cenovus Energy Inc., Suncor Energy Inc., Imperial Oil Limited, Energy stocks news, Read mor...

The cost to build the Trans Mountain pipeline expansion has skyrocketed 70% to C$12.6B (US$9.5) from a previous estimate of C$7.4B, because of legal delays to the project and accommodations made to indigenous communities along its route, CBC reports. More news on: Suncor Energy Inc., Imp...

Canada's Federal Court of Appeal rules Prime Minister Trudeau's government adequately consulted with indigenous groups along the route of the Trans Mountain oil pipeline expansion, clearing some uncertainty from the project although the ruling almost certainly will be appealed to Canada's ...

Canada's Supreme Court dismisses British Columbia's attempt to regulate what can be transported via the Trans Mountain pipeline project crossing its territory. More news on: Suncor Energy Inc., Imperial Oil Limited, CNO Financial Group, Inc., Energy stocks news, Read more ...

An Arctic blast sweeping across western Canada - cold enough to turn the region's oil sands solid - is weighing on the price of heavy crude , Bloomberg reports. More news on: Suncor Energy Inc., Canadian Natural Resources Limited, Cenovus Energy Inc., Energy stocks news, Read more ......

Western Canadian Select's discount to U.S. West Texas Intermediate crude oil today hit the widest since Alberta's provincial government introduced its plan to restrict production more than a year ago, reaching US$24.05/bbl . More news on: Suncor Energy Inc., Canadian Natural Resources Lim...

On Friday (December 13) of last week, Canada’s S&P/TSX Composite Index (INDEXTSI: OSPTX ) was up by 77.38 points to reach 17,024.28 points. At the same time the week prior, it was at 17,004.51 points. Global news was a picture of stability — potentially — ...

Alberta's government says it will leave its oil production quotas unchange d in January at 3.81M bbl/day, after several consecutive months of easing quotas. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, Energy stocks news, Read more ...

The price of Canadian heavy crude oil fell yesterday as the strike at Canadian National Railway ( CNI -1% ) curbed oil shipments, with Western Canadian Select's discount to WTI futures widening by $2.90/bbl to $18.90/bbl, Bloomberg reports. More news on: Canadian National Railway Com...

In contrast to its peer Pengrowth Energy ( PGHEF ), the debt of the Canadian thermal oil producer Athabasca Oil ( ATHOF ) doesn't represent an immediate threat. Besides, Athabasca's third-quarter results show the company can sustain the currently challenging Canadian oil and gas environment ...