Canadian crude-by-rail exports edged higher to a record in November, topping the 300,000 b/d level for only the second time since the government has kept statistics on shipments. Exports by Continue Reading
The British Columbia project will boast unimpeded access to LNG customers in Asia. Contracts and subcontracts totaling more than 937 million Canadian dollars (CA$) (US $705.3 million) have been approved Continue Reading
The Canadian province of Alberta’s OPEC-style decision to force production cuts is benefiting oil companies with higher prices, but it is also pushing capital elsewhere and threatens to undermine booming Continue Reading
Sixty percent of Canadians now feel that the country’s oil pipeline capacity has reached crisis levels, according to a new survey from the Angus Reed Institute. Pipeline takeaway capacity has Continue Reading
The goal of Premier Rachel Notley’s mandated production cut is to reduce the storage glut and get oil prices back to profitable levels. Premier Rachel Notley spoke to the citizens Continue Reading
The multibillion-dollar project to build Canada’s first liquefied natural gas export plant is facing opposition from indigenous people who live on the planned route of the pipeline to supply the Continue Reading
Late last year, Royal Dutch Shell gave the greenlight to a massive LNG export terminal on Canada’s Pacific Coast, one of the largest investments in LNG in years. But like Continue Reading
In an attempt to combat a ballooning oil glut and dramatically plummeting prices, the premier of Alberta Rachel Notley introduced an unprecedented measure at the beginning of December when she Continue Reading
Has financial disaster been averted in Canada’s oil and gas industry? ‘Disaster’ is all relative. Let’s just say 2019 is going to be a difficult year following a tough set Continue Reading
While even the most likely new pipeline to ship more of Alberta’s crude oil to refining and export markets—Enbridge’s Line 3 replacement—is nearly a year away at the earliest, the Continue Reading
