Canada
News
November 03, 2022
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced five successful bids of $238 million for offshore parcels in the Eastern Newfoundland Region by Canadian units of BP, ExxonMobil and Equinor. No bids were received for the South Eastern Newfoundland Region
News
October 13, 2022
Canadian heavy crude prices plunged to their biggest discount to futures since 2018 and, this time, the collapse has little to do with a shortage of pipelines.
News
September 13, 2022
Deltastream Energy Corp.’s gamble six years ago on drilling for oil in a heavily forested area of northern Alberta with no pipeline links paid off with a C$1.8 billion ($1.4 billion) return for investors, according to its chief executive officer.
News
July 28, 2022
The Province of British Columbia awarded a second geothermal permit to Fort Nelson First Nation to advance development of the Tu Deh-Kah Geothermal project at Clarke Lake.
News
July 28, 2022
Oil producer Cenovus Energy Inc. said it may spend hundreds of millions more than planned this year as it absorbs an acquisition in Alberta and restarts an offshore project off the coast of Newfoundland.
News
July 20, 2022
The U.S. said Mexico’s nationalist energy policies violate North America’s free-trade deal and has requested dispute-settlement talks under the agreement.
News
July 19, 2022
Canada’s export credit agency is targeting a 15% cut to its financing portfolio for upstream oil and gas production by 2030.
News
July 18, 2022
The Canadian government released potential designs for an emissions cap on the oil and gas industry, the next step in Prime Minister Justin Trudeau’s plan to cut emissions in the sector by 42% by 2030.
News
July 11, 2022
Suncor Energy Inc.’s chief executive officer stepped down on Friday after a series of fatalities at the company’s oil sands sites shook confidence in its management.
News
June 30, 2022
Canada’s economic expansion suffered a minor setback last month after a robust start to the year, driven by a drop in oil production.
News
June 13, 2022
BP sold out of Canada’s oil sands, divesting its stake in the Sunrise project to Cenovus Energy Inc. while acquiring offshore exploration from the same company in the east of the country.
News
June 06, 2022
Canadian heavy crude prices have collapsed relative to futures prices because of high refining costs rather than the pipeline bottle necks that have plagued the industry in the past, according to a Toronto-based analyst.
News
May 31, 2022
The first day of the Energy NL Annual Conference & Exhibition 2022 concluded after important dialogue about the role of the Newfoundland and Labrador energy mix in the energy evolution.
News
May 26, 2022
Canada’s top energy official said Prime Minister Justin Trudeau’s government is open to accelerating a liquefied natural gas project that could start supplying Europe in as soon as three years.
News
May 17, 2022
Canada’s oil production could increase by 900,000 barrels a day to make up for supply losses from Russia’s war in Ukraine, according to the premier of the province of Alberta.
News
May 05, 2022
Canada is becoming more reliant on the fossil-fuel sector, even as Prime Minister Justin Trudeau seeks to strengthen the country’s policies on climate change.
News
April 28, 2022
Whitecap Resources Inc., a Canadian conventional and shale driller, plans to increase natural gas activity in the second half of the year to capitalize on a surge in prices, Chief Executive Officer Grant Fagerheim said.
News
April 26, 2022
The first Annual General Meeting of Energy NL occurred virtually on Tuesday and included reports from the CEO and treasurer, remarks by the incoming and outgoing chairs, and results of the board of director election process.
News
April 11, 2022
Canada’s banks just started on the path toward zeroing-out the carbon emissions of the companies they lend to, and already they’re running into conflicts between what climate activists and ESG investors want and what Canada’s oil-dependent economy demands.
News
April 08, 2022
Prime Minister Justin Trudeau is rolling out one of Canada’s largest single industrial tax incentives to fund carbon capture projects as his government tries to deliver on ambitious climate goals.
News
April 07, 2022
The Government of Canada approved the environmental assessment of the Bay du Nord development project as recommended by the Impact Assessment Agency of Canada in August 2021.
