Highlights differentials Urals shipments to China, India, upend traditional crude flows Canadian heavy crude increasingly is flowing more to the US Gulf Coast since new pipeline capacity recently came online, Continue Reading
After long being deeply discounted for years because of a lack of pipelines, Canadian heavy crude is finally trading like a “North American” grade, moving in tandem with U.S. sour Continue Reading
Canadian heavy crude prices have collapsed as the European war upends global market flows and makes oil sands crude less valuable. Western Canadian Select’s discount to benchmark West Texas Intermediate Continue Reading
Farmers in parts of Canada’s Prairies are struggling to get crops in the ground as heavy rains continue to wallop the eastern region in the latest threat to global grain Continue Reading
Hundreds of feet below a remote forest near Hudson Bay, Serge Abergel inspected the spinning turbines at the heart of the biggest subterranean power plant in the world, a massive Continue Reading
Met exports at six-year low for corresponding month Thermal coal shipments decrease 23.5% on month Coal exports from Ridley Terminals in British Colombia dropped to 373,310 mt in March, down Continue Reading
Regulators approved a $4.5 billion transmission line that will deliver Canadian hydropower to New York City, a key component of the Empire State’s efforts to eliminate carbon from its power Continue Reading
New York State on Thursday approved a multi-billion-dollar, long-term project by Montreal-based public utility Hydro-Quebec (QBEC.UL) to deliver hydropower to parts of New York City. Hydro-Quebec said its U.S. partner, Continue Reading
While $100 oil incentivizes increased production in Canada’s crude-producing province of Alberta, the ramp-up of production is being held back by an issue all too familiar to the U.S. shale Continue Reading
Crude oil imports into Canada in 2021 dropped to their lowest in more than three decades as domestic supply from pipelines increased while a major refinery in Newfoundland remained idle, Continue Reading
Two weeks after Russia invaded Ukraine, Brazil’s agriculture minister was on a plane to Canada to head off a potential crop crisis. Brazil, one of the world’s largest agricultural producers, Continue Reading
Canada has the capacity to increase oil and gas exports by up to 300,000 barrels per day (bpd) by the end of 2022 to help improve global energy security following Continue Reading
Highlights Canadian pipeline bottleneck ended Q4 2021 More pipeline, rail and barge projects in progress Canadian volumes ramping up, but not dramatically As crude oil prices have surged, so to Continue Reading
Bloomberg: demand for drilling rigs in Canada has jumped to the highest in years. $100 oil has sparked change in the Canadian oil patch. Natural Resources Minister Jonathan Wilkinson said Continue Reading
Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country’s natural resources minister said on Thursday. Continue Reading
Canadian Prime Minister Justin Trudeau has announced a ban on Russian oil imports following the country’s invasion of Ukraine. Mr Trudeau said oil revenues have helped to prop up President Continue Reading
The bitter cold biting the Lower 48 continues to affect Canada as well, driving maximum daily withdrawals from gas in storage and opening a wider deficit to the five-year low Continue Reading
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
