Halliburton writes off Venezuelan investment

In another sign of deterioration of Venezuela’s oil and natural gas industry, Halliburton Co. is writing down its remaining investment in the economically distressed member of the Organization of Petroleum Exporting Countries. 

Saskatchewan joins Alberta in BC squeeze

Saskatchewan’s government has joined Alberta in implicitly threatening to restrict energy movement to British Columbia, raising stakes in a dispute over expansion of the Trans Mountain pipeline system.

MARKET WATCH: Brent crude oil breaks above $75/bbl

Brent crude oil rose above $75/bbl on the London market during Apr. 24 trading, its highest since 2014. The Apr. 23 settlement for Brent’s June contract was $74.71/bbl. Analysts attributed rising oil prices to uncertainty…