Monday, August 10, 2026
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Texas Money Reaches the Corner of Canada’s Oil Patch as Majors Leave

From Bloomberg/Houston Chronicle Texas money is flowing into a small corner of Canada’s oil sands at a time when big international companies are pulling out. Rangeland Energy, based in the Houston suburb of Sugar Land, is building a 50,000-barrel-a-day, 53-mile (85 kilometer) pipeline in the Marten Hills area of the Athabasca oil sands in northern Alberta to transport heavy crude

Oil Sector’s ‘Existential Crisis’ Set Precedent: Cenovus CEO

From The Globe and Mail Canadian oil producers faced an “existential crisis” that required emergency intervention last fall, and Alberta Premier Jason Kenney now has a precedent to order companies to ratchet back output again should heavy oil prices crash, says Alex Pourbaix, chief executive of Cenovus Energy Inc. Former premier Rachel Notley’s government imposed a reduction of 325,000 barrels

Buffett’s Betting on Oil, and He’s Rarely Wrong

From Forbes – George Schultze I’ve long been a believer that there’s always opportunity in the energy field, if you know where to look for it. With his recent commitment of $10 BN to help Occidental acquire Anadarko, Warren Buffett appears to be of the same mind. And history has shown that many investors have done well by following the