Forecourt

CALGARY - Consumer demand for fuel is growing slightly after a sudden decline due to measures to deal with the COVID-19 pandemic but the CEO of Suncor Energy Inc.

The Petroleum Services Association of Canada has revised its 2020 Canadian drilling forecast to an almost 50-year record low of 3,100 oil and gas wells, a level not seen since 2,900 wells were drilled in 1972.

Imperial Oil is the latest major petroleum company to roll up its sleeves in the fight against COVID-19.

Retailers in Atlantic Canada are struggling under the one-two punch of reduced business due to COVID-19 and gas price regulations.

The 23rd World Petroleum Organizing Committee is moving ahead with plans to host the event in Texas at the end of the year.

Vehicle wash operators are facing hard times during COVID-19 with locations shuttered, traffic greatly reduced and staff furloughed.

Husky cancels plan to sell off network of retail gasoline stationsOil and gas prices continue to move downward despite moves from OPEC+ and others to curtail supply.

Canadian oil wells will continue to be shut down amid weak global oil prices despite an agreement to limit production struck by OPEC and other major producers on the weekend, producers say.