Canada
News
April 10, 2019
Centurion Group, supply of critical rental, infrastructure and support services company, is pleased to announce that it has expanded its drilling, completions and production (DCP) segment with the acquisition of Tango Delta Rentals, Canadian communications and specialty equipment rentals business.
News
April 10, 2019
New legislation will help reduce climate pollution by phasing out gas-powered light-duty vehicles and making zero-emission vehicles (ZEV) more available and affordable for British Columbians.
News
April 08, 2019
Saturn Oil & Gas Inc. is pleased to announce finishing successfully the drilling, completion, equip and tie-in of its nine (9) wells in first-quarter 2019.
News
April 02, 2019
Local wildcatters that pump light crude far from the giant oil-sands mines of northern Alberta are getting a big price boost from the curtailments announced at the start of December, without the headaches.
News
March 22, 2019
Trying to fix the crude market has been hard enough for OPEC. Alberta’s go at it is proving a bigger challenge than the oil-rich Canadian province anticipated.
News
March 17, 2019
ExxonMobil Corp. is delaying a C$2.6 billion ($1.9 billion) oil-sands project in Canada by at least a year as the nation’s energy industry grapples with a shortage of pipeline space and government-mandated production cuts.
News
March 13, 2019
Oil sands producers including MEG Energy Corp. and Imperial Oil Ltd. are reconsidering oil sands expansions as new export pipelines are delayed and the provincial government limits production.
News
March 11, 2019
The head of LNG Canada said he does “not see a single scenario” that would stop the nation’s largest infrastructure project from getting built, dispelling concerns that the $30 billion gas export facility is at risk of mounting opposition from pipeline foes.
News
March 07, 2019
Drillers are moving ahead in a corner of Canada’s oil sands that saw a flurry of land grabs in recent years, unfazed by a glut of crude that depressed prices last year and the mandatory production cuts that followed.
News
March 07, 2019
Crescent Point Energy wrote-down the value of its assets by $2 billion to account for higher financing costs amid volatile crude prices.
News
March 06, 2019
Pengrowth Energy Corp. is considering selling itself as the driller moves to lighten its debt load following a collapse in Canadian oil prices that pummeled the nation’s energy industry.
News
March 04, 2019
Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project.
News
March 03, 2019
In a major blow to the Canadian oil industry, Enbridge Inc. now expects the replacement and expansion of its Line 3 crude oil pipeline to be in service about a year later than expected.
News
February 27, 2019
A relentless increase in production from Alberta’s oil sands and higher crude prices in the first half of the year are powering the province’s budget through a pipeline shortage that has weighed on economic growth.
News
February 26, 2019
Alberta oil producers have found a way around production limits imposed on them by the provincial government: buy the right to pump barrels from other companies that don’t need them.
News
February 26, 2019
The American Petroleum Institute announced that it has joined the newly launched USMCA Coalition, backed by over 200 companies and associations across a wide variety of industries, to urge Congress to approve the U.S.-Mexico-Canada Agreement (USMCA).
News
February 20, 2019
Heavy Canadian crude prices widened to the biggest discount against New York futures this year as pipeline-operator Enbridge reported that rationing on its heavy oil lines would increase next month.
News
February 19, 2019
Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.
News
February 17, 2019
TransCanada Corp. was partly denied a request to continue some pre-construction work on the Keystone XL oil pipeline while a dispute over the project’s environmental review wends its way through the courts.
News
February 13, 2019
Cenovus Energy Inc. is forging ahead with plans to expand its rail shipments of crude to U.S. refiners, even as some peers dial back, in a bet that pricing for Canadian heavy crude will soon shift to make those shipments more economical.
News
February 11, 2019
Canada’s oil sector may soon get a more combative advocate in the Alberta premier’s office.
