Canada’s internal fight over Kinder Morgan Inc.’s Trans Mountain pipeline escalates. (Bloomberg) — Canada’s internal fight over Kinder Morgan Inc.’s Trans Mountain pipeline escalated as the nation’s top two oil-producing Continue Reading
Canada’s oil patch booked three consecutive years of hefty losses after the oil prices crash in 2014. This year, the industry is set to post a very slim gross profit—the Continue Reading
Canada’s Alberta province on Monday edged closer to cutting off fuel shipments to neighboring British Columbia in an escalation of a row over the stalled C$7.4 billion ($5.9 billion) expansion Continue Reading
Canadian Prime Minister Justin Trudeau on Sunday moved to end an escalating crisis over a Kinder Morgan Canada Ltd ( KML.TO ) oil pipeline, saying Ottawa was prepared to offer Continue Reading
A rift between two Canadian provinces is threatening to derail a pipeline expansion that would nearly triple the amount of crude flowing from this town in northeastern Alberta, most of Continue Reading
The acquisition of drilling rights in thousands of acres in British Columbia by one of the world’s biggest companies is a testament to its potential, Calima Energy said. Conoco Phillips Continue Reading
Kinder Morgan said it would halt nearly all work on a pipeline project that is crucial to the entire Canadian oil sands industry, representing a huge blow to Alberta’s efforts Continue Reading
The Canadian government on Monday said it was considering all its options on the Trans Mountain pipeline expansion, including a possible investment of public funds to ensure construction goes ahead Continue Reading
Kinder Morgan is close to pulling the plug on a planned expansion of its Trans Mountain crude oil export pipeline, designed to provide the land-locked province of Alberta with opportunities Continue Reading
Canada’s oil producers had just started to slowly recover from the oil price crash when they began to face increased constraints in marketing and monetizing their heavy crude oil. Transportation Continue Reading
More than $25 million in funding is available for large industrial polluters who come up with clever ways to cut emissions, an oil-rich Canadian province said. The provincial government in Continue Reading
The change in the North American natural gas sector means Canadian imports of liquefied natural gas from top suppliers like Qatar are declining, data show. The National Energy Board, the Continue Reading
Canadian railway operators see a lucrative opportunity to transport more crude oil to the United States as a rise in output force producers to find new routes to its southern Continue Reading
A Canadian energy regulator reported a slight drop in crude oil exports, although the country’s central bank said all signs point to growth for 2018. The National Energy Board reported Continue Reading
Canada working to reduce carbon emissions under Paris deal Alberta closing coal plants while boosting oil-sands output One of the most aggressive campaigns to fight global warming is happening in Continue Reading
Canada’s Cenovus Energy is curtailing oil sands production to cut losses spurred by the continued lack of market access and deep crude price discounts, the company said Thursday. * Husky Continue Reading
The Trans Mountain pipeline between Alberta and B.C. supplies a large percentage of the West Coast’s energy needs | BIV files When GasBuddy petroleum analyst Dan McTeague made predictions recently Continue Reading
Canada’s benchmark heavy crude oil widened its discount to WTI to the largest in six trading sessions on Thursday, as additional storage capacity in Alberta and data about lower crude-by-rail Continue Reading
Heavy crude shipment leaves for China via Portland, Oregon U.S. West Coast cargo comes amid B.C. pipeline oppositon Canadian oil producers found a way to access the growing Asian energy Continue Reading
Like the “shot heard round the world,” the American protectionist move has politicians and economists in industrialized nations strategizing with their spreadsheets. From Porsches to prosciutto, every country is scouring Continue Reading
Alberta’s government may be considering a suspension of crude oil shipments to British Columbia in the latest episode of what is turning into a drama series starring Canada’s biggest oil Continue Reading
The amount of oil available for export from Canada exceeded its takeaway pipeline capacity by about 310,000 bpd at the end of 2017, forcing steep discounts for Canadian oil. The Continue Reading
Canada’s First Nations are boosting investments and leveraging their clout with regulators to gain stakes in oil and gas projects. CALGARY, Alberta, March 2 (Reuters) – Canada’s First Nations are Continue Reading
By reducing the thickness of the type of oil found in Alberta, government officials said they expect volumes through a limited network of pipelines to improve. The provincial government of Continue Reading
Canadian activists have requested an American judge to subpoena the U.S. government for all files related to the Trump administration’s approval of the controversial Keystone XL pipeline, according to emerging Continue Reading
Canadian oil producers can’t get a break. First it was the pipelines — there are not enough of them to carry the crude from Alberta’s oil sands to export markets. Continue Reading
Canada’s National Energy Board has given Kinder Morgan the go-ahead to start construction work on a tunnel entrance in British Columbia’s Burnaby Mountain that will be part of the Trans Continue Reading
Canadian heavy crude rallied to a two-month high relative to U.S. crude this week, offering some relief to oil producers in Alberta struggling with thin margins amid plentiful supply. The Continue Reading
A construction permit from the provincial government in British Columbia puts drilling in the emerging Montney shale closer to reality, Calima Energy said. Australian energy company Calima operates more than Continue Reading
Hard-nosed negotiating by railway companies is keeping Canadian oil producers from cashing in on a world-wide oil price rally. Oil producers such as Imperial Oil Ltd. IMO 0.13% , Suncor Continue Reading
The revolution in U.S. shale oil has battered Canada’s energy industry in recent years, ending two decades of rapid expansion and job creation in the nation’s vast oil sands. Now Continue Reading
Despite higher oil prices, only one-third of the Canadian oil patch jobs lost since 2015 are expected to return due to rapid technical innovation during the past three years of Continue Reading
Pipeline company TransCanada said Thursday that commercial commitments for about 60 percent of the capacity for its Keystone XL pipeline is enough to proceed. The company said it concluded the Continue Reading
Volume constraints on the Keystone pipeline system levied by U.S. regulators have widened the spread between Western Canadian Select crude prices and benchmark American crude prices , but the steep Continue Reading
Energy firms in Canada almost doubled the number of rigs drilling for oil this week to the highest level in 10 months as producers returned en masse from Christmas breaks Continue Reading
Canada is increasingly convinced that President Donald Trump will soon announce the United States intends to pull out of NAFTA, two government sources said on Wednesday, sending the Canadian and Continue Reading
Canadian exports of crude oil fell 2.4 percent month-on-month in November to 3.28 million barrels per day, Statistics Canada data said on Friday, after a decline in shipments to the Continue Reading
Canada’s rig count fell from 210 to 136 for the week ending on December 29, a massive drop off. That took the rig count to a six-month low. Obviously, the Continue Reading
Canadian crude-by-rail exports to the United States climbed to a six-month high of 137,000 barrels per day in October, data from the National Energy Board showed on Friday, the latest Continue Reading
After starting the year in recession, the oil-rich province of Alberta is entering 2018 with the fastest rate of growth in Canada, the economic minister said. At one point last Continue Reading
Canada will expel a Venezuelan diplomat and bar that country’s ambassador from returning, Foreign Minister Chrystia Freeland said on Monday, after the South American nation booted envoys from Brazil and Continue Reading
Monitoring the potential environmental impacts of oil sands development using the best available science is a Canadian priority, officials said. A federal report from 2015 finds there to be consistent Continue Reading
Driven by higher gasoline prices, Canada’s annual inflation rate jumped to 2.1 percent in November, after a 1.4-percent yearly increase in October, Statistics Canada said on Thursday, announcing figures that Continue Reading
Canadian oil producers are running out of options to get crude to market as pipeline and rail capacity fills up, driving prices to four-year lows and increasing the risk of Continue Reading
“It’s hard for the railroads to change their operating plan really quickly,” Steve Owens, rail analyst at IHS Markit, said in a phone interview with World Oil. “There are equipment Continue Reading
Exxon Mobil inaugurated the Hebron field in Canada’s Newfoundland this week, just as OPEC gears up to announce extended cuts at its quarterly conference in Vienna at the end of Continue Reading
TransCanada Corp should push ahead with an $8 billion Keystone XL pipeline expansion after the state of Nebraska on Monday approved a route that would raise the cost of the Continue Reading
TransCanada Corp has told some customers that it will cut deliveries by 85 percent or more on its 590,000-barrel-per-day Keystone crude pipeline through to the end of November, according to Continue Reading
Detailed route hearings for plans to expand the Trans Mountain crude oil pipeline in Canada are scheduled in British Columbia in early 2018, a regulator said. The National Energy Board Continue Reading
The U.S. Department of Energy (DOE) approved on Thursday a US$1.6-billion Canada-New Hampshire transmission line project that has been languishing in regulatory purgatory since 2010. The line will deliver up Continue Reading
