Canada Oil Dependence on U.S. Loosens in Age of Donald Trump
The Canadian oil patch’s half-century bond to the U.S. market is loosening one tanker load at a time in Donald Trump’s “America First” era. Last month, a ship loaded oil Continue Reading
Majors exiting Canada’s oil sands acting in own interest: Trudeau
Canadian Prime Minister Justin Trudeau on Friday dismissed a recent string of major oil companies selling their holdings in the heavy oil sands of Western Canada and moving investments to Continue Reading
Trudeau Walks a Thin Tightrope Between Fossil Fuels, Renewables
Under Prime Minister Justin Trudeau, Canada’s government is playing both sides of the fence in its national energy strategy. During Trudeau’s first 16 months, three energy projects — a pipeline Continue Reading
Canadian Oil Gets More Canadian as Internationals Pull Back
The Syncrude Canada Ltd. oil sands upgrading plant near Fort McMurray, Alberta, Canada, on June 4, 2015. The future of the Canadian oil sands is looking a lot more Canadian. Continue Reading
Shell Becomes Gas Company With $7.25 Billion Oil-Sands Sale
Shell remaking itself for low-carbon world, but some want more Royal Dutch Shell Plc just took a big step toward remaking itself as a natural gas company. With Thursday’s deal Continue Reading
Shell agrees $7.25 billion Canadian oil sands sale
Royal Dutch Shell has agreed to sell most of its Canadian oil sands assets for $7.25 billion to Canadian Natural, the company said on Thursday. The deal also includes a Continue Reading
Shell Cuts Debt With $7.25 Billion Sale of Canada Oil Sands
Royal Dutch Shell Plc will sell almost all of its production assets in Canada’s oil sands in a $7.25 billion deal that cuts debt and reduces involvement in one of Continue Reading
Did This Geologist Just Pinpoint This Decade’s Biggest Natural Gas Discovery?
Nearly a decade ago, I got interested in finding oil and gas fields from space. That odd-sounding strategy came to me while I was living in Canada’s petro-center, Calgary. And Continue Reading
Shell Shuns New Oil-Sands Projects as Low Prices Force Cost Control
Royal Dutch Shell Plc is unlikely to take on new oil-sands projects as it maintains a grip on costs after crude’s crash forced competitors to write down Canadian reserves. While Continue Reading
A cornerstone of global oil supply — Canada at a cross roads
Canadian heavy crude is a cornerstone of global oil supply now and into the next decade. But growth is likely to be increasingly affected by investor sentiment soured by environmental Continue Reading