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Category: Canada

Category:
  • Canada
  • Tar Sands

Have The Majors Given Up On Canada’s Oil Sands

Canada’s oil sands could struggle to rebound, with potentially billions of barrels of oil being kept underground permanently. Canada’s oil sands are incredibly expensive, some of the costliest sources of Continue Reading

Posted On : 27 Feb 2017 Published By : Tom Whipple
Category:
  • Canada

Economy in oil-rich Alberta turning corner

Reconstruction in the wake of wildfires that idled parts of its oil industry and improved energy economics means Alberta is growing, a minister said. “Alberta’s economy is forecast to return Continue Reading

Posted On : 25 Feb 2017 Published By : Tom Whipple
Category:
  • Canada

Canada Stocks Tumble as Trump Trade Concerns Spread, Oil Falls

Canadian stocks plunged the most in five months as earnings and dividend disappointments among gold companies, along with weakening oil prices and trepidation over President Donald Trump’s border tax proposals, Continue Reading

Posted On : 25 Feb 2017 Published By : Tom Whipple
Category:
  • Canada

Canada’s Fading Oil Promise Leaves U.S. Majors Struggling

Oil-sands investments in Western Canada that gobbled tens of billions of dollars over the past decade are proving an Achilles heel for some of the world’s biggest energy producers. Exxon Continue Reading

Posted On : 24 Feb 2017 Published By : Tom Whipple
Category:
  • Canada

Canada closer to breaking oil landlock

A review board in Canada said it started a detailed approval process for the route of the expanded Trans Mountain pipeline to the western shore. The National Energy Board said Continue Reading

Posted On : 14 Feb 2017 Published By : Tom Whipple
Category:
  • Canada

Arctic Oil Town Fears Future as Imperial’s 1920s Wells Shut

When oil topped $100 a barrel three years ago, the tiny village of Norman Wells in Canada’s high arctic was gearing up to be the “Dubai of the Mackenzie River,” Continue Reading

Posted On : 10 Feb 2017 Published By : Tom Whipple
Category:
  • Canada
  • USA

Reduced US crude exports to Canada drag December total lower

US crude exports fell by 156,000 b/d in December, to 442,000 b/d, after exports into Eastern Canada dried up, a S&P Global Platts analysis of US Census Bureau data released Continue Reading

Posted On : 9 Feb 2017 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Suncor Output Hits Record With Oil-Sands Unit at Full Speed

Suncor Energy Inc.’s production rose to a record last quarter after the oil-sands giant took control of the Syncrude processing unit and put it at full throttle. Canada’s biggest energy Continue Reading

Posted On : 9 Feb 2017 Published By : Tom Whipple
Category:
  • Canada

From Bust To Boom: Why Canada’s Rig Count Increased 50 Percent Last Year

Canadian rigs are going back to the field, coaxed by higher commodity prices and greater productivity. Across the land, 345 iron masts were turning bits last week, so the year-over-year Continue Reading

Posted On : 9 Feb 2017 Published By : Tom Whipple
Category:
  • Canada

The Canadian Comeback: Oil Rig Productivity Takes A Huge Leap

How much wood could a woodchuck chuck? Okay, that’s trite, but assuming a woodchuck can chuck wood, the classic children’s alliteration leads economists to think about productivity, poetically. Now I Continue Reading

Posted On : 2 Feb 2017 Published By : Tom Whipple

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