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ANKARA/DUBAI – Iran on Wednesday stopped short of offering to restrain oil output included in a worldwide pact to freeze production to support prices, because it wants to recapture the market share it lost during years of sanctions. Sure, the Doha deal is flawed, but here’s why it could really make a difference to grease prices Oil ministers from Saudi ...

The oilsands sector is within danger of losing its reputation like a job-creating machine. How the Trudeau government helps Saudi Arabia's scheme to sideline Canadian oil Allan Richarz: By tightening the screws on domestic production while seeing an increase in Saudi-originating imports, we’re helping accelerate our very own energy sector’s decline Read more A new industry report shows the sector ...

Google is adding fruits, vegetables, meat and milk to its Google Express deliveries, answering rival Amazon.com Inc.’s Amazon Fresh grocery service and supermarket-shopping startups for example Instacart Inc. Google will add perishable groceries to select neighbourhoods in San Francisco and La, the organization said Wednesday. Deliveries are US$2.99 for members and US$4.99 for everyone else. Membership costs US$95 a year. ...

With the pain sensation of rock-bottom oil prices leaving producers increasingly desperate, Saudi Arabia now agreed in principle with Russia, to freeze oil output at January levels D essentially paying lip service to the notion of price stabilization, given that January’s oil output was near a record high. Riyadh’s tepidness towards shoring up oil prices raises a question: Why are ...

With Ontario’s 2016 budget set to land in a few days, all eyes are on how the province plans to balance the remaining $7.5-billion deficit after next fiscal year. But a brand new report is providing a different narrative, in hindsight at how the provincial deficit ballooned to that particular amount in the first place and suggesting it might possess ...

Saudi Arabia and Russia have taken the initial step to stem the slide in oil prices. There’s only one problem: If they’re successful – and that’s a large if – the wildcatters of Texas, Oklahoma and North Dakota are waiting to pounce. With 4,000 wells drilled and merely waiting for better prices to become triggered stream, the so-called fracklog could ...

In the wake of NewLeaf Travel Co.’s failed attempt to launch service recently, Canada Jetlines Ltd. revealed Wednesday intends to go public because it aims to be the first ultra-low-cost airline out of the gate. Jetlines can place around the TSX Venture Exchange inside a reverse takeover of Jet Metal Corp., a junior uranium explorer, with the dpo expected to ...

An Ontario Securities Commission study has found “material” insider reporting deficiencies in approximately 70 per cent from the 1,500 issuers reviewed. “Overall, the review discovered that the compliance rate for insider reporting can be substantially improved, and that this improvement must happen across all reporting issuers,” the commission produced in a news release. Approximately 200 reporting insiders filed new insider reports to ...