Things may be looking up for Canadian oil, but improving on something as dismal as the condition of our northern neighbors’ oil sector doesn’t necessarily mean they’ll be going gangbusters–it Continue Reading
After years in the shadow of the U.S. shale boom, the Canadian oil sands are emerging from 2020’s historic market crash with a slew of upbeat outlooks from Wall Street Continue Reading
As Prime Minister Trudeau reveals his ‘net-zero’ plan for 2050, it is clear that Canada is still very much reliant on its oil industry. The new bill requires Canada to Continue Reading
A total of 37 percent of oil and gas companies in Canada resorted to permanent layoffs due to the pandemic-driven oil price and oil demand slump, a recent survey of Continue Reading
The Canadian province of Quebec said on Monday it will ban the sale of new gasoline-powered passenger cars as of 2035, joining California and others in announcing moves to shift Continue Reading
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced disappointing results this week from its call for bids on offshore oil parcels, according to a press release. Of the 17 Continue Reading
Canadian oil producers have plans to start ramping up production after the Alberta government said it would remove oil production limits at the end of the year. “We’re going to Continue Reading
William Romaniuk stopped his tractor at the edge of his field and sniffed. A breeze came off the North Saskatchewan River, rippling across rows of ripe wheat, but a caustic Continue Reading
Alberta’s two-year experiment with OPEC-style crude production curbs is coming to an end after a Covid-driven collapse in demand led the Canadian province’s battered oil-sands industry to idle more output Continue Reading
Most of Western Canada’s oil production has been restored, according to the Canada Energy Regulator, but U.S. oil producers haven’t had as much luck. Both countries had to curtail oil Continue Reading
