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Alberta producers with cheapest oil face cascading woes

Canada’s biggest energy producers now face the same prospects of shrinking budgets and declining profit as their smaller competitors with prices dropping for what’s already the world’s cheapest oil.
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Development or disaster: Hurricane Hazel's stormy legacy
McCallion, 93, retires on Nov. 30, ending a career that likely shaped a region more profoundly than any municipal bureaucrat in Canadian history.
Black Friday shopping: Tips to stay cyber-secure
Black Friday may be a deal-hunter’s dream, but it's also a golden opportunity for hackers seeking to steal credit card information and other sensitive data.
BCE to buy its mobile products distributor for $594M
BCE, Canada's largest telecommunications company, said it would buy its mobile products distributor, Glentel Inc., for about $594 million in cash and stock.
Exporters, consumers drive GDP 2.8% higher in third quarter
Canada’s economy grew at a better-than-expected 2.8 percent annualized pace in the third quarter, thanks to strong growth in exports and consumer demand and a long-awaited pick-up in business investment.
Germany backs BlackBerry’s purchase of Secusmart
Germany has approved Canadian smartphone maker BlackBerry’s planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel.
Northwest Territories optimistic about concept for Alberta-Arctic pipeline
The Northwest Territories government is optimistic about a new concept for a crude oil pipeline to the Arctic from Alberta, although a senior official cautions that aboriginal participation will be crucial.
Protesters target Black Friday sales in Ferguson
Protesters in Ferguson began targeting Black Friday sales at major retailers overnight in a new tactic to vent their anger at a grand jury decision not to indict a white police officer who fatally shot an unarmed black teen.
Kinder Morgan loses bid to extend injunction against B.C. protesters
Kinder Morgan said on Thursday that it would clear its equipment and crews off a mountain in the Vancouver suburb of Burnaby by month-end, after it lost a bid to extend an injunction keeping protesters away from the site.
Buy hedged oil producers as crude prices plunge: Veritas
Firm prefers hedged producers who have reduced their risk if prices plunge into the $60 range.
Top Picks from Martin Davies: Canadian Natural Resources, Enerflex, and Gibson Energy
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Oil tumbles below $70 as OPEC holds fire despite price collapse
The benchmark North American crude, West Texas Intermediate, fell below the $70 a barrel mark. Canadian dollar slipped below 90 cents US. TSX energy group tumbled led by a steep selloff of major oil sands producers.
Saudis signal no push for oil cut as market to 'stabilize itself'
Saudi Arabia signalled on Wednesday it was unlikely to push for a major change in oil output at the OPEC meeting this week, a day after Russia refused to cooperate in any production cut.
Bell Canada files complaints over lack of condo access
Bell Canada says conflicts with some real estate developers have left it unable to serve customers in a significant portion of new condos in the crucial Toronto market.
Full steam ahead for Hyundai’s hydrogen-fuelled vehicles
Hyundai will become the first auto manufacturer to launch a fuel cell version of an existing car model in Canada.
Saskatchewan Premier chides Ontario, Quebec counterparts on Energy East
Brad Wall is lashing out at Ontario and Quebec for putting climate change conditions on the Energy East oil pipeline, escalating an interprovincial battle over the controversial $12-billion project.
Canadians divided over merits of oil sands: poll
Canadians are almost evenly divided over the merits of developing Alberta’s oil sands, with impressions worsening, according to Nanos Research polling.

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