Western Canada’s natural gas inventory remains on track to end this winter at its lowest level recorded in at least seven years, prompting shortage concerns and possible price spikes. Receive Continue Reading
About two years ago, OPEC+ made a high-stakes wager that it could curb oil production and drive crude prices higher without unleashing an onslaught of supply from U.S. shale producers. Continue Reading
Operational problems at two Suncor Energy (SU.TO) Canadian oil sands sites last month resulted in lower crude production, the company said on Tuesday, marking its latest such issue. Suncor also Continue Reading
Canada will face challenges, according to the International Energy Agency. Canada will face challenges in retaining its status as a global oil and gas power in a world transitioning toward Continue Reading
Major oil companies, under pressure from investors and environmentalists, are fleeing Canada’s oil sands, the fourth-largest oil reserve in the world and by some measures one of the most environmentally Continue Reading
Canada has committed to reducing its emissions by between 40 and 45 percent from 2005 levels by 2030 Oil production is seen rising by as much as 18 percent by Continue Reading
The effects of the Canadian cold spell continue to trickle down to the US Midwest, slashing exports to the region while propelling prices higher. Receive daily email alerts, subscriber notes Continue Reading
Canada’s new natural resources minister has defended the country’s promotion of exports from its controversial oil sands projects even as he vowed to enforce ‘aggressive” greenhouse gas emissions cuts on Continue Reading
Highlights Suncor cites need to reduce emissions, invest in CO2 storage Enbridge, Capital Power evaluating new carbon capture project Canadian oil production is back on the rise from the pandemic Continue Reading
Longest Trans Mountain closure in 70-year history Crude supplies reopened to Vancouver region, Pacific Northwest The Trans Mountain crude oil and products pipeline in Western Canada restarted Dec. 5 after Continue Reading
GE Hitachi Nuclear Energy, an alliance between General Electric Co (GE.N) and Japan’s Hitachi Ltd (6501.T) will build a small modular nuclear reactor (SMR) with Ontario Power Generation (OPG) (ONPWG.UL), Continue Reading
Highlights Partial pipeline startup possible this weekend Rail service resumed last week in Western Canada The Trans Mountain crude oil and products pipeline in Western Canada will remain shut for Continue Reading
A Canadian regulator’s rejection last week of Enbridge Inc’s (ENB.TO) plan to sell space long-term on the country’s biggest oil pipeline dealt the company a double whammy that analysts say Continue Reading
Canada’s ambitious plan to utilize geothermal energy could help save its economically-dependent oil sands. The project was established to curb greenhouse gas emissions in oil production while demand for the Continue Reading
Strong pricing for natural gas and the highest oil prices since 2014 support the drilling recovery in Canada Next year, a total of 6,457 wells are expected to be drilled Continue Reading
Trans Mountain is optimistic it can restart its 300,000-b/d crude oil pipeline, in some capacity, by the end of the week if all planning and work continues to progress and Continue Reading
Canada’s warehouses are filling up with everything from furniture to alcohol, after floods in British Columbia washed out critical rail and road lines, disrupting already strained supply chains. A week Continue Reading
It’s been barely a week since devastating flooding accompanied an atmospheric river that lashed parts of British Columbia, isolating the city of Vancouver as landslides and washouts made roadways impassible. Continue Reading
U.S. barges carrying gasoline are headed to Canada’s west coast to deliver much-needed fuel to a region cut off from the rest of the country after last week’s rainstorms brought Continue Reading
Oil and gas companies like ExxonMobil and the Canadian giant Suncor have transformed Alberta’s tar sands—also called oil sands—into one of the world’s largest industrial developments, replacing Indigenous people’s traditional Continue Reading
A Canadian province is rationing petrol over fuel shortage fears after a major storm cut off road and rail links. Canadian Armed Forces personnel have begun arriving in British Columbia Continue Reading
Energy infrastructure companies were scrambling on Wednesday to restore pipelines in British Columbia that were shut down by catastrophic flooding, as natural gas prices in the region spiked higher and Continue Reading
The widespread flooding in British Columbia has forced Trans Mountain Pipeline Corp. to shut down its pipeline system and suspend work on its expansion project. The deadly storm that hammered Continue Reading
The port of Vancouver, Canada’s largest, said on Tuesday that all rail access had been cut by floods and landslides further to the east, a development that could hit shipments Continue Reading
Oil and gas companies have asked the Canadian government to design a tax credit to pay for 75% of the cost to build carbon capture facilities that will curb greenhouse Continue Reading
Canada on Monday formally invoked a 1977 treaty with the United States to request bilateral negotiations over Enbridge Inc’s (ENB.TO) Line 5, escalating a long-running dispute over one of Canada’s Continue Reading
Syncrude Canada Ltd. , a light crude producer majority-owned by Suncor Energy Inc. , cut September supplies due to a mechanical disruption at its oil sands site, according to a Continue Reading
Prime Minister Justin Trudeau’s narrow election victory this week reinforced Canada’s commitment to reach net-zero greenhouse gas emissions by 2050, but workers in the country’s sizable fossil fuel sector said Continue Reading
We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. Canada’s oil heartland of Alberta Continue Reading
Enbridge Inc. is getting ready to ship crude from the oil sands in the first new cross-border oil-sands conduit built between Canada and the U.S. in years. (Bloomberg) — Enbridge Continue Reading
Canada, the world’s biggest canola grower and a major wheat producer, forecasts a 26% drop in supplies of its main crops as drought ravages output and inventories shrink. Grain and Continue Reading
Imperial is moving forward with plans to construct a major renewable diesel complex at its Strathcona refinery near Edmonton, Alberta—the largest refinery in western Canada. This new complex is expected Continue Reading
Multiple Canadian companies, including the country’s most prolific natural gas producer, plan on growing volumes and capital spending in the quarters ahead, in stark contrast to major US oil and Continue Reading
Canada’s oil sands producers may find welcome relief to years of pipeline capacity constraints when the first new pipeline in years could enter into service as early as next month. Continue Reading
A key pipeline linking Canada’s oil sands to U.S. markets could start shipping crude as early as next month. Enbridge Inc.’s Line 3 oil pipeline from Alberta to Wisconsin could Continue Reading
More than half of Canada’s crude and condensate demand is being met by the United States, despite the fact that Canada pumps two and half times more oil than its Continue Reading
The Government of Canada is setting a mandatory target for all new light-duty cars and passenger trucks sales to be zero-emission by 2035, accelerating Canada’s previous goal of 100% sales Continue Reading
Dozens of people have died in Canada amid an unprecedented heatwave that has smashed temperature records. Police in the Vancouver area have responded to more than 130 sudden deaths since Continue Reading
Canada will ban the sale of fuel-burning new cars and light-duty trucks from 2035 in an effort to reach net-zero emissions across the country by 2050, Prime Minister Justin Trudeau’s Continue Reading
In the shadow of Canada’s mega oil sands projects, smaller, technologically outdated facilities produce up to three times more emissions per barrel than the already high sector average- and rising Continue Reading
Canada’s oil sands production has come roaring back, and according to IHS Markit, output is returning to pre-pandemic levels after a particularly difficult year that involved not only the Covid-19 Continue Reading
Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff challenge: not only is its economy dependent on oil production, but the Canadian oil Continue Reading
Despite lower hydroelectric output and a nuclear plant outage in the US Pacific Northwest, the region is importing less gas from Canada summer over summer even as Alberta production grows Continue Reading
The boardroom wars around ExxonMobil, a district court in the Hague ruling Shell should speed up its emissions cutting above and beyond its own objectives, the International Energy Agency suggesting Continue Reading
The biggest oil sands producers in Canada announced on Wednesday a net-zero collaboration initiative to achieve net-zero emissions from oil sands operations by 2050 to help Canada to meet its Continue Reading
Project Reconciliation, a Canadian indigenous group seeking a stake in the Trans Mountain oil pipeline, is now aiming for a path to full ownership, the group’s new chairman said. (Bloomberg) Continue Reading
An under-the-radar hearing on the way shippers will contract volumes on Canada’s key crude oil export pipeline began last month in what could turn out to be the most important Continue Reading
Canada’s oil sands industry is too carbon-intensive for the environmental, social, and governance (ESG) targets of some of the world’s largest institutional investors. But not for Canada’s own pension funds. Continue Reading
Canadian crude oil exports to the United States are about to increase this year as additional pipeline capacity comes online and oil sands output increases, Argus reports , adding that Continue Reading
A cloud of methane was detected by satellite over a natural gas field in Canada, identifying a hidden source of pollution from one of North America’s most prolific production basins. The Continue Reading
