Kinder Morgan Canada Ltd said in a filing on Tuesday it is restarting construction in August on the Trans Mountain pipeline’s expansion after halting work in the spring due to Continue Reading
Canada has the world’s third-largest crude oil reserves , but the country seems determined to pretty literally keep these in the ground. This determination becomes strikingly obvious when Canada is Continue Reading
The Canadian government would like to see construction accelerate on the Trans Mountain pipeline expansion, but has no control over decisions to resume or start new work until it takes Continue Reading
Steel pipes and tubes used in drilling and transporting crude oil flooded into Canada this spring, a Reuters analysis shows, as U.S. President Donald Trump’s steel tariffs forced producers from Continue Reading
President Donald Trump’s trade war with China may be just the edge Canadian LNG export developers need as they try to woo Asian buyers and siphon market share from the Continue Reading
A production problem at one of Canada’s largest oil sands facilities drove front-month U.S. crude futures to their steepest premium above second-month futures since 2014 on Monday. Canada is the Continue Reading
While all eyes watched the OPEC saga last week, there was an outage in Canada’s oil sands that will cut production at least through July, supporting the U.S. benchmark prices, Continue Reading
Canada’s crude oil production is growing, but pipeline capacity is not, and this is eroding the country’s energy industry competitiveness, the Canadian Association of Petroleum Producers said in the latest Continue Reading
Several major economies, including the U.S. and Canada, rely heavily on fossil fuel production and exports. But the surging market penetration of renewable energy technologies, energy efficiency improvements, and climate Continue Reading
Canada may be the fourth largest producer and third largest exporter of oil in the world, but it has one sole customer of its oil—the United States. At the end Continue Reading
Canadian oil production from a facility in Alberta has the same greenhouse gas intensity as U.S. oil, the head of producer Suncor said. Suncor said it’s completed its $13 billion Continue Reading
Canada’s Enbridge Inc ( ENB.TO ) faces an indefinite delay to its biggest-ever capital project if a U.S. state regulator denies its preferred pipeline route through Minnesota, but a victory Continue Reading
Canadian crude surged by the most ever after Enbridge Inc. said it won’t implement a new procedure to stop shippers from claiming more space than they can use on a Continue Reading
Like father, like son. In 1975, Pierre Trudeau, Canada’s then prime minister, set up Petro-Canada, a national oil company. Four decades later his son Justin, the present prime minister, is Continue Reading
Shell’s subsidiary in Canada said a transaction that gives Malaysian energy company PETRONAS a stake in a planned LNG facility isn’t a statement on timing. Shell and its equity partners Continue Reading
Canada’s decision to buy Kinder Morgan Canada Ltd’s Trans Mountain pipeline was brought about by a “particularly problematic” situation and is not a symbol of how things get done in Continue Reading
Canada’s purchase of Kinder Morgan Inc.’s embattled pipeline is good news for the oil patch, so long as it doesn’t become the norm. While the $3.5 billion Trans Mountain takeover Continue Reading
Malaysia’s Petronas said on Thursday it had agreed to buy a 25 percent stake in the LNG Canada project. Petronas will buy the equity stake in the project in British Continue Reading
In a desperate bid to keep its last remaining proposed oil pipeline alive, Canada has decided to buy Kinder Morgan’s Trans Mountain Pipeline system for an estimated C$4.5 billion. Canada Continue Reading
Canada will buy Kinder Morgan Canada Ltd’s ( KML.TO ) Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, hoping to save a project that faces Continue Reading
Canada is likely to buy Kinder Morgan Canada Ltd’s Trans Mountain oil pipeline and its proposed expansion project in an attempt to ensure that it is built, Bloomberg reported on Continue Reading
While formerly on the shelf, a pipeline that could feed a liquefied natural gas terminal in British Columbia can proceed, federal regulators said. The National Energy Board gave Nova Gas Continue Reading
The Louisiana Offshore Oil Port last week received a cargo of Western Canadian crude, the heavy sour grade Access Western Blend, which appears to be the oil terminal’s first import Continue Reading
Justin Trudeau’s pipeline nightmare may be only getting started. As Kinder Morgan Inc. drives a hard bargain in Canada’s attempt to save the Houston-based company’s embattled Trans Mountain project, the Continue Reading
This study analyses Canada’s energy system, and provides an objective assessment of future options to maintain energy security and meet climate commitments. Canadians need a viable and sustainable long-term energy Continue Reading
Construction on TransCanada Corp’s ( TRP.TO ) Coastal Gaslink pipeline will start in early 2019, pending a positive investment decision on the LNG Canada liquefied natural gas project, the head Continue Reading
A pipeline system running through northern Michigan waters was dented by an April maritime incident and requires reinforcement, pipeline company Enbridge said. Canadian pipeline company Enbridge operates a broad network Continue Reading
US investors’ difficulties in financing a second wave of LNG export projects have given Western Canada the chance to prove it can be more competitive than the Gulf Coast as Continue Reading
Shell has closed an underwriting agreement with a group of investment banks for the sale of its 8-percent interest in Canadian Natural Resources for about US$3.3 billion, the company said Continue Reading
Canadian provinces are getting much less in exchange for the oil and gas they produce now than in the past despite growing production, a new report has revealed. Authored by Continue Reading
TransCanada Corp ( TRP.TO ) plans to start preliminary work on its Keystone XL pipeline project in Montana in the fall of 2018 ahead of full construction in 2019, according Continue Reading
Western Canada’s benchmark heavy crude differential has tightened since early April, but observers say this could widen back out to reflect the cost of moving crude by rail and as Continue Reading
Canadian Natural Resources Ltd (CNRL), one of Canada’s biggest oil and gas producers, will produce less than expected this spring, it said on Thursday, as transport bottlenecks deepen the price Continue Reading
Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude Continue Reading
Suncor Energy Inc. is barreling ahead on the ramp-ups of the Fort Hills and Hebron oil megaprojects as its refining operations protect it from the pipeline shortages and lower prices Continue Reading
Provincial disputes over plans to expand the capacity of the existing Trans Mountain oil pipeline could have U.S. consequences, analysis shows. A Kinder Morgan -led consortium planned to expand the Continue Reading
Drivers in British Columbia’s largest city, Vancouver, pay the highest prices for gas at the pump in North America, data from GasBuddy has revealed. The average price per gallon of Continue Reading
Vancouver sits less than 750 miles from the Canadian oil sands but it may as well be on another continent for vehicle drivers. Gasoline prices in the Pacific Coast city Continue Reading
A proposed C$40 billion ($31.1 billion) liquefied natural gas export terminal on British Columbia’s coast edged closer to reality on Friday, as the company behind the project said it had Continue Reading
Worsening transportation bottlenecks that led to wider discount of Canadian crude oil prices stifled the production and earnings of some of the big oil sands producers in the first quarter. Continue Reading
Europe’s largest bank has joined the list of global investors retreating from new financial commitments in the fossil fuel industry, including investments in oil-rich Alberta. HSBC, whose global assets total Continue Reading
At an Alberta oil loading terminal, a convoy of big rigs are gearing up to haul Canadian crude oil hundreds of miles through bone dry fields across the U.S. border Continue Reading
Alberta needs long-term fiscal planning to avoid the adverse effects of oil price swings on the contents of its coffers, outgoing auditor general Merwan Saher said in his final report. Continue Reading
Canadian Prime Minister Justin Trudeau said on Thursday a Kinder Morgan oil pipeline at the center of a dispute would be built in a way which best serves the interests Continue Reading
Kinder Morgan does not seem very upbeat about the prospects of its US$5.9-billion Trans Mountain pipeline project despite a pledge by the Alberta and federal Canadian government to support the Continue Reading
Two out of three Canadians now feel that the British Columbian government is wrong in its stance against Kinder Morgan’s Trans Mountain pipeline, according to a new poll by Angus Continue Reading
A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta’s beaten-down heavy oil prices. On Tuesday, the Teamsters Canada Rail Conference and the International Continue Reading
Don’t look to us for help if you run out of oil, Saskatchewan’s premier tells his counterpart in British Columbia. Provincial spats have erupted over the fate of the Trans Continue Reading
Alberta introduces law allowing it to cut exports to B.C. Premier Notley confident province won’t need to use new power Barbed wire fencing stands at the Kinder Morgan Inc. Trans Continue Reading
In a shot across the bow of its western neighbor, Alberta’s provincial government said it proposed legislation that could block cross-border oil and gas flows. A consortium led by pipeline Continue Reading
