Canada

News
January 30, 2019
The sugar high from Alberta’s crude curtailment program may be wearing off.
News
January 23, 2019
In their quest to make one of the most expensive methods of producing crude more profitable, Canada’s oil-sands companies have been ramping up efforts to get their thick bitumen to flow through pipelines more easily and cheaply.
News
January 22, 2019
Fresh off defeating a hostile takeover bid, Canadian oil-sands producer MEG Energy Corp. is slashing capital spending and reviewing the makeup of its board.
News
January 21, 2019
A month into Alberta’s mandatory oil curtailment and rationing on the country’s biggest heavy-crude export pipeline system has eased, but very little.
News
January 20, 2019
Alberta’s crude curtailment plan has caused a dramatic rise in the price of heavy Canadian oil. But for shares of energy companies, it hasn’t been as much of a help.
News
January 17, 2019
CALGARY (Bloomberg) -- The Trans Mountain crude pipeline that Prime Minister Justin Trudeau’s government bought from Kinder Morgan last year is getting interest from some indigenous groups hurt by Canada’s oil price crunch.
News
January 17, 2019
Husky Energy abandoned its $2.07 billion hostile takeover bid for rival Canadian oil-sands producers MEG Energy after failing to win enough support from shareholders.
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
January 06, 2019
What’s worse: Too much oil, or too much gasoline? T
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.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.