Canada
News
November 12, 2018
Canada’s oil producers can’t catch a break. Even as local production cuts help alleviate pipeline bottlenecks, heavy crude plunged below $18/bbl for the first time since 2016 -- dragged down by global oil prices.
News
November 11, 2018
In releasing and summarizing its third-quarter 2018 results on Friday, Calgary-based Trinidad Drilling offered a rather robust outlook for the fourth quarter.
News
November 09, 2018
The outlook for Canadian fracing companies is up in the air.
News
November 09, 2018
TransCanada Corp.’s $8 billion Keystone XL pipeline may face another eight months of delay after a court ruling raised issues with a 4-year-old environmental review.
News
November 08, 2018
Two years after Exxon Mobil removed billions of bbl of oil-sands crude from its reserves, its Imperial Oil unit is investing again, saying low Canadian crude prices make it a perfect time to build.
News
November 07, 2018
China is finally getting a taste of Canadian crude, if only for a couple of months.
News
November 05, 2018
Encana’s founder Gwyn Morgan said he’s disappointed by the $5.5 billion purchase of Newfield, which dashes his hopes that the company would represent Canada on the world stage.
News
November 02, 2018
Canadian oil producers are suffering from the worst domestic glut in a decade.
News
October 31, 2018
Colombia is planning to hedge its oil exports to protect the government from the violent swings in revenue it suffered in recent years.
News
October 31, 2018
The highways of Saskatchewan show just how desperate Canadian oil producers are to get their crude to market.
News
October 19, 2018
Boom times are back for at least one company in Canada’s oil heartland.
News
October 17, 2018
MEG Energy Corp. rejected a $2.34 billion hostile takeover offer from Husky Energy Inc. and announced a plan to seek other buyers, kicking off a bidding war for its prized Canadian oil-sands assets.
News
October 16, 2018
Gibson Energy surged the most in more than a year after announcing a plan to build 1 MMbbl of new oil-tank space in Western Canada.
News
October 15, 2018
Saturn Oil & Gas Inc. has successfully bid on certain targeted parcels at the recent Crown land sale, earlier this month.
News
October 15, 2018
The recent collapse in Canadian oil prices may have a silver lining.
News
October 11, 2018
Chinese oil buyers are making a beeline for a bargain across the Pacific.
News
October 09, 2018
Alberta Premier Rachel Notley said the province may soon announce more plans to help the local energy industry reap more value from its resources amid a slump in Canadian crude prices.
News
October 05, 2018
Canadian oil hit a record low relative to U.S. crude, hurt by reduced capacity at American refineries and a jump in production from new oil-sands megaprojects that has overwhelmed the nation’s pipeline system.
News
October 03, 2018
Canadian heavy crude’s discount to WTI futures increased to the widest in almost five years, raising the specter of local oil producers curtailing operations.
News
October 02, 2018
While the LNG Canada facility that was greenlighted Tuesday won’t be operating for years, the battered Canadian energy industry is already hoping that it will be the first of many such plants on the country’s Pacific Coast.
News
October 02, 2018
Fluor Corporation has announced that LNG Canada has made the final investment decision to build its liquefied natural gas (LNG) export facility in Kitimat, British Columbia, Canada.
