Canada
News
February 25, 2020
The cancellation of Teck Resources' Frontier project in northern Alberta - which envisaged producing more crude than OPEC member Gabon - epitomizes the struggles of an industry that has already seen most foreign investors flee...
News
February 13, 2020
Canadian oil shipments are getting snarled once again as protesters block train lines in the latest setback to the nation’s rail-dependent crude industry that was struck by a blazing derailment just last week.
News
February 07, 2020
The cost to build Justin Trudeau’s governmental oil-pipeline project just got a few billion dollars more expensive.
News
February 06, 2020
Every year, the Global Energy Show brings together more than 50,000 industry professionals, government officials and companies to have forward-thinking conversations about creating a prosperous and sustainable future for upcoming generations.
News
February 05, 2020
The coronavirus is hampering the Canadian oil industry’s efforts to build relations with crude buyers in Asia.
News
January 30, 2020
Capital spending in the world’s third-largest crude reserves is projected to rise 8.4% to C$11.6 billion ($8.8 billion) this year, according to the Canadian Association of Petroleum Producers, the industry’s main lobbying group.
News
January 29, 2020
Canadian crude rebounded from a one-year low after inventories fell and Alberta’s premier pledged to defend prices.
News
January 29, 2020
Now based in Denver, Ovintiv Inc. will update investors Wednesday on its progress for the shale oil assets in Oklahoma it amassed after the $5.5 billion acquisition of Newfield Exploration Co. in 2018.
News
January 16, 2020
Temperatures of -30 degrees Celsius (-22 Fahrenheit) and lower have descended on Alberta and Saskatchewan -- cold enough to render the region’s viscous oil rock solid.
News
January 14, 2020
Gardner Denver Petroleum & Industrial Pumps has entered into a six-month field trial of its new Thunder 5000 HP Quintuplex pump, at STEP Energy Services in Alberta, Canada.
News
January 14, 2020
Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Alberta pipeline system last year helped better manage flows of the fuel.
News
January 10, 2020
After big wins shorting U.S. shale, a hedge fund is turning its sights on the beaten-down Canadian oil sector.
News
January 09, 2020
Cenovus Energy Inc. joined some of its oil-sands peers in setting a goal of reaching net-zero emissions from its operations, part of a push to improve the industry’s reputation and win over environmentally minded investors.
News
January 08, 2020
Alberta’s government has loosened output limits imposed at the start of 2019 to counter a glut caused by a lack of pipeline capacity and too much oil production. Before the cuts, Western Canadian Select’s discount to WTI has grown as wide as $50 a barrel.
News
December 19, 2019
Crude-by-rail capacity in Alberta is expected to grow by 100,000 bpd in December after the provincial government eased production limits for oil transported by train, the Energy Ministry said Wednesday.
News
December 13, 2019
Canadian energy firms have quietly outperformed their U.S. counterparts this year and, even after the run, a chorus of positive outlooks on the sector to the north continues.
News
December 12, 2019
The U.S. oil giant called time on its Kitimat LNG plant on Wednesday, saying it plans to sell its 50% stake and that the project “will not be funded by Chevron and may be of higher value to another company.”
News
December 10, 2019
API joined more than 200 companies and associations covering a wide range of industries in the USMCA Coalition, which has been working to secure the agreement’s approval in Congress.
News
December 03, 2019
Capital spending in Canada’s oil-sands reserves look set to continue to dwindle as pipeline bottlenecks persist and the Alberta government’s production limits remain in place.
News
November 26, 2019
A week-long rail strike that halted shipments of oil and other goods across Canada, threatening to take a multibillion-dollar bite out of the economy, is over.
News
November 22, 2019
Canada’s oil patch will start feeling the full force of Canadian National Railway Co.’s worker strike by as early as Sunday, with two crude-by-rail terminal operators unable to receive any more oil deliveries.
