Canada
News
January 16, 2019
Husky Energy Inc. is expected to win support to extend a deadline to persuade shareholders to back its hostile bid for rival oil-sands producer MEG Energy Corp., despite falling short of winning outright support for the offer, according to people familiar with the matter.
News
January 16, 2019
A wide margin of Canadians support an oil pipeline that Prime Minister Justin Trudeau’s government is pushing to build -- though it remains unpopular among some voting blocs key to his reelection.
News
January 13, 2019
Output cuts in oil-rich Alberta and Saudi Arabia are combining to leave heavy-crude refiners from the Gulf of Mexico to Asia in a bind.
News
January 10, 2019
Alberta’s government maintained its mandated oil curtailment in February at the same level as January even as Canadian heavy oil prices surged.
News
January 10, 2019
British Columbia Premier John Horgan gave little sign his government was ready to intervene in a contentious blockade obstructing Shell’s $31 billion LNG export project.
News
January 09, 2019
TransCanada Corp. is taking the Canada out of its name.
News
January 07, 2019
Heavy Canadian crude surged to the strongest level in more than a year as rail shipments keep rising even as production was curtailed.
News
December 30, 2018
Where have all the rigs gone?
News
December 27, 2018
The Canadian oil industry could be in for another turbulent year in 2019, depending on how some pivotal events pan out.
News
December 18, 2018
The Canadian government announced $1.1 billion (C$1.5 billion) in loans for the oil and gas sector, as well as some government funding for unspecified projects, after a supply glut sank heavy crude prices to as low as $13.46/bbl last month.
News
December 17, 2018
The Canadian Association of Petroleum Producers (CAPP) would like to thank the Alberta Energy Regulator (AER) for the opportunity to provide feedback regarding the significance of challenges associated with fluid disposal in Alberta.
News
December 13, 2018
The Petroleum Services Association of Canada (PSAC) travelled to Ottawa last week to deliver a message to parliamentarians of the crisis occurring in Canada’s oil and natural gas industry and the need for a Canadian energy brand that includes oil and natural gas.
News
December 12, 2018
Alberta’s plan to boost crude prices through mandatory production cuts is working a little too well.
News
December 10, 2018
Alberta’s oil-production curtailment plan has largely accomplished its mission -- even before it has gone into effect.
News
December 06, 2018
As the Canadian oil industry endures its worst crisis ever, a fair share of the blame has been lobbed at environmentalists who oppose pipeline projects.
News
December 05, 2018
The pipeline shortage that has been strangling the Canadian oil industry is weighing on spending plans for next year, with one major producer slashing its capital budget for 2019 by $750 million (C$1 billion).
News
December 03, 2018
Canadian heavy crude strengthened the most since June after the Alberta government mandated production cuts across the province.
News
December 03, 2018
A new threat looms for Canada’s largest oil producing province, even as it imposes mandatory output cuts to ease a glut that has driven down crude prices.
News
December 02, 2018
U.S. federal authorities issued an emergency declaration for Alaska after a magnitude 7.0 earthquake struck last Friday, Nov. 30, leaving thousands without electricity and temporarily shutting the state’s most important oil pipeline.
News
December 02, 2018
Premier Rachel Notley has announced the temporary measure in response to the historically high oil price differential that is costing the national economy more than $80 million per day.
News
November 30, 2018
Alberta slashed its economic growth forecast for this year and next as plunging prices for local crude threaten to eat into corporate profits and reduce investments.
