Thursday, July 31, 2025

Low Oil Prices Widen Canada’s Current Account Deficit

From the Globe and Mail Canada’s current account deficit widened to $16.77-billion in the first quarter as weak crude oil prices dragged down the value of exports, Statistics Canada said on Monday. The shortfall matched a prediction by analysts in a Reuters poll. Statscan revised the deficit for the fourth quarter of 2015 to $15.71-billion from an initial $15.38-billion. The

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Manitok Energy Inc. Announces Financial Results for the First Quarter of 2016 and an Operational Update

CALGARY, ALBERTA–(Marketwired – May 31, 2016) Manitok Energy Inc. (the “Corporation” or “Manitok“) (TSX VENTURE:MEI) announces its financial and operating results for the first quarter of 2016 and provides an operational update. The full text of Manitok’s first quarter results are contained in its unaudited condensed interim financial statements as at and for the three months ended March 31, 2016 and

Americas Petrogas Announces First Quarter 2016 Results

CALGARY, ALBERTA–(Marketwired – May 30, 2016) – Americas Petrogas Inc. (“Americas Petrogas” or the “Company”) (TSX VENTURE:BOE) announces that it has filed its condensed interim consolidated financial statements and Interim MD&A – Quarterly Highlights relating to its first quarter 2016 results. These filings can be accessed on SEDAR’s website at www.sedar.com and on the Company’s website at www.americaspetrogas.com. The following

UK North Sea Production Curtailment, Eventual Decommissioning Could Reach 142 Fields: Wood Mac

From Wood Mackenzie EDINBURGH/HOUSTON – 25 May 2016 – The UK oil and gas industry is set to become a pioneer in decommissioning activity globally and has the opportunity to become leaders in this field according to Wood Mackenzie. Ian Thom, Senior Research Manager – UK Upstream Research for Wood Mackenzie explains: “Although decommissioning in the North Sea has been an