A small liquefied natural gas project north of Vancouver is poised to move to construction in the first quarter of 2019, adding momentum to Canada’s efforts to become a significant Continue Reading
As of today, recreational cannabis consumption is legal in Canada. While many Canadian citizens and companies will be celebrating the reform, not to mention preparing to capitalize on this green-golden Continue Reading
Australia’s dwindling heavy sweet crude oil production and fluctuations in Venezuela’s Merey crude exports could prompt China to source more heavy crude from Canada, with attractive price differentials for Cold Continue Reading
Chinese refiners are buying more and more very cheap heavy Canadian crude oil to make up for the dwindling supply of Venezuela’s heavy grades as China’s road construction sector—a key Continue Reading
A gas pipeline explosion that led to the evacuation of 100 people on Tuesday is now forcing the residents of British Columbia and the state of Washington to cut their Continue Reading
Canadian oil and gas companies agreed to or proposed deals worth more than US$7.7 billion ( C$10 billion ) just in the past week and a half, tempted by lower Continue Reading
Irving Oil Corp shut its Saint John refinery in the Canadian province of New Brunswick on Monday morning after an explosion and a major fire that followed, with photos showing Continue Reading
Canadian crude plunged to a record low relative to U.S. crude, hurt by reduced capacity at American refineries and a jump in production from new oil-sands megaprojects that has overwhelmed Continue Reading
Small Canadian oil producers are striking complex deals with refineries, diversifying production and seeking marketing help as they try to soften the blow from record price discounts on heavy crude Continue Reading
Canadian heavy crude’s discount to West Texas Intermediate futures increased to the widest in almost five years, raising the specter of local oil producers curtailing operations. Western Canadian Select’s discount Continue Reading
