Statoil completes sale of Alberta oil sands
Norwegian energy major Statoil said it closed on the sale of its entire oil sands operations in the oil-rich Canadian province of Alberta. Statoil said it completed the sale of Continue Reading
Canada Energy East pipeline review to restart under current regulator
A review of TransCanada Corp’s proposed Energy East pipeline will start again from the beginning, Canada’s National Energy Board (NEB) regulator said on Friday, voiding all decisions from the project’s Continue Reading
Regulator Voids TransCanada Energy East Project Decisions
Canada’s lead pipeline regulator has voided past decisions on TransCanada Corp. ’s application for its proposed Energy East pipeline, forcing the company to start the hearing process from the beginning Continue Reading
Trump’s 20% Import Tax May Be Another Gift for Canadian Oil
Wall Dispute ‘Politically Explosive’ for Mexico U.S. President Donald Trump’s controversial 20 percent tax on imports from Mexico to pay for a border wall would come as a second gift Continue Reading
For Justin Trudeau, Canada’s Leader, Revival of Keystone XL Upsets a Balancing Act
If there is such a thing as unwelcome good news, President Trump may have handed some to Prime Minister Justin Trudeau of Canada on Tuesday when he revived a cross-border Continue Reading
Canada May Face Era of Pipeline Abundance After Keystone Move
President Donald Trump’s decision to revive TransCanada Corp.’ s Keystone XL pipeline may herald a new era of pipeline abundance for Canadian oil producers after years of bottlenecks. The U.S. Continue Reading
Canadian Drillers Brave Deep Freeze as Oil Patch Revives
In the snowy prairies of Western Canada, not even temperatures below -40 degrees have stopped Stampede Drilling Ltd.’s 60 recently rehired workers from manning the oil-service provider’s rigs after a Continue Reading
Trump’s Keystone XL Boost Sends Loonie Soaring Against Peers
Trump Signs Memoranda on Keystone, Dakota Access The Canadian dollar surged after U.S. President Donald Trump moved to advance the construction of the Keystone XL pipeline, which would enable the Continue Reading
Oil Sands Are An Easy Target But They Are Going Nowhere
Canada’s PM Justin Trudeau sparked outrage earlier this month by saying the Alberta oil sands need to be “phased out”. Because the oil sands industry is the third-biggest employer in Continue Reading
Canada Needs to Phase Out Oil Sands, Prime Minister Says
Canadian Prime Minister Justin Trudeau sparked anger in the oil-rich province of Alberta on Friday for saying Canada needs to phase out the oil sands. Mr. Trudeau told a town-hall Continue Reading