Alberta Ready To Turn Off Oil Taps For B.C.
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
Canadian Crude Could Remain ‘Cheap’ For Years To Come
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 Seek Bigger Stakes, Profits From Oil Sector
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
Alberta envisions more oil in its pipelines
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
Keystone XL Approval Receives Push-back From Environmentalists
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
Canada’s Oil Crisis Continues To Worsen
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
Kinder Morgan Gets Green Light On Part Of Trans Mountain Pipeline
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
Price rally spells fleeting relief for Canadian oil producers
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
Shale drilling in British Columbia closer to reality
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
Canada’s Oil Producers, in Standoff With Railways, Sit Out Oil-Price Rally
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