Canada
News
April 09, 2020
Alberta Premier Jason Kenney said the idea of the U.S. and Canada placing tariffs on OPEC crude imports is gaining traction as a way to protect North American energy producers from the market’s collapse.
News
April 06, 2020
Kurt and Cameron discuss the expanding OPEC+ negotiations, Canada's emerging role in production cuts, and the API's support (or lack thereof) for the broader oil industry.
News
April 03, 2020
Alberta Energy Minister Sonya Savage will participate in an OPEC+ call next week aimed at resolving the global oil price war and will “keep an open mind” on how the province can participate in a solution, Premier Jason Kenney said Friday.
News
April 03, 2020
Cryopeak LNG Solutions Corporation, based in Richmond BC, has begun construction of a new LNG production facility located in Fort Nelson, BC, capable of producing up to 90,000 gallons of LNG per day.
News
March 31, 2020
Oil is selling for less than $10 across key North American hubs as the global demand shock from coronavirus leaves crude with nowhere to go.
News
March 30, 2020
Oil demand is getting hammered at a faster pace than anyone had predicted and landlocked crude production in the U.S., Russia and Canada is most vulnerable, according to Goldman Sachs Group Inc.
News
March 27, 2020
Canadian heavy crude has become so cheap that the cost of shipping it to refineries exceeds the value of the oil itself, a situation that may result in even more oil-sands producers shutting operations.
News
March 20, 2020
Husky Energy announced that it will begin a systematic and orderly suspension of major construction activities related to the West White Rose Project.
News
March 15, 2020
Canadian oil and gas companies are cutting C$2.4 billion to C$3.5 billion ($1.7 billion-$2.5 billion) from their budgets for this year as low prices make most production unprofitable.
News
March 06, 2020
Hopes that Canada could turn into a gas export powerhouse seem to be waning fast.
News
March 02, 2020
The objective of the study was to provide the most up-to-date understanding of geological carbon storage locations, onshore and offshore, throughout the province of British Columbia.
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...
Article
February 2020
Canada re-adjusts to low prices, limited access
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.
Article
January 2020
Hope for the Canadian oil industry?
