Cenovus says that proceeds from the sale of Pipestone will go towards cutting the company’s $9.5 billion debt. Calgary Sun/Postmedia Network photo by Jim Wells. Pipestone, Wembley natural gas and liquids business located in northwestern Alberta [Read more]
On Thursday, Saudi Arabia’s Energy Minister Khalid al-Falih said the diplomatic dispute between Canada and Saudi Arabia will not impact any Canadian imports of Saudi Arabian crude. AFP photo by Fayez Nureldine. Saudi Arabia expelled [Read more]
According to the NEB, the recommendations build on the regulator’s proactive approach to addressing this issue and the regulator says it is leading the way for industry in advancing the quality assurance of pipeline fittings. Trans [Read more]
Canadian Foreign Affairs Minister Chrystia Freeland stands by Canadian foreign ministry comments condemning the arrests of civil society and women’s activists in Saudi Arabia by the Canadian foreign ministry sparked off a diplomatic dispute that [Read more]
LNG Canada is one of a number of liquified natural gas projects that could soon get the green light as global energy companies look to capitalize on a widening supply gap expected within five years. [Read more]
Petro-Canada says its brand strategy and corresponding creative campaign are based on research showing that Canadians are increasingly making more conscious decisions about the brands they support. Company image. Petro-Canada unveils new brand platform On [Read more]
Even after the Cartier sale is complete, TransCanada says it will be one of Canada’s largest private-sector power generators, producing enough electricity to power over six million homes. Company photo. TransCanada deal valued at $630 [Read more]
Canadian Drilling Activity Forecast was released by the Petroleum Services Association of Canada on Wednesday. Apache photo. Canadian Drilling Activity Forecast shows decline in Alberta, BC, Saskatchewan, increase in Manitoba In its third update to [Read more]
After a power outage at the Syncrude oil sands site in June, Imperial Oil says it is looking to cut its dependence on the Suncor majority-owned plant. Company photo via Twitter. Imperial holds 20 per [Read more]
Shipments of Canadian crude to Asia are usually rare, however, in recent months, cargoes have increased with tankers heading to China, Thailand and South Korea. Kinder Morgan photo. Canadian crude exports to China hits 16,600 [Read more]
Emerge Energy Services, a Texas-based silica sand mining company, says it has signed an agreement with Torq Energy Logistics to open a northeastern BC frac sand terminal in the community of Buick. Getty Images photo. [Read more]
According to the National Energy Board, Canada exports more natural gas than it imports and since 2011, natural gas export volumes have been about three times as much as the import volumes. Seven Generations Energy [Read more]
Canada oil sands importance to heavy oil markets rises, though constrained pipeline infrastructure will weigh on investment decisions, according to IHS Markit. Syncrude photo. Production growth from the Alberta oil sands will moderate in the [Read more]
Husky Energy Chief Executive Rob Peabody told the TD investor conference in Calgary that the oil company has enough pipeline capacity locked in to ship its oil until 2021. Husky photo. On the sidelines of [Read more]
While speaking in Calgary on Tuesday, Suhail al-Mazrouei told a TD investor conference that Canada should build pipelines to transport its oil and natural gas or risk investment shifting to the US. Reuters photo by [Read more]
The $40 billion LNG Canada project could be Canada’s largest infrastructure undertaking if it gets the green light. A flurry of activity in Kitimat real estate suggests that the project is a green light and [Read more]
Houston, Texas-based Petrolia Energy snapped up some oil and gas properties located in southwest Saskatchewan and eastern Alberta. TORC Oil and Gas Ltd., photo. Petrolia Energy looking to boost shareholder value Petrolia Energy Corporation announced [Read more]
Losing NAFTA would hurt exports, but more Trump tariffs could make things much worse The Conference Board of Canada’s latest Canadian Outlook Bulletin calls for the national economy to grow by 1.8 per cent in 2018–19 in [Read more]
The United States imported record-high amounts of Canadian crude last week despite shutdowns at the Alberta oil sands Syncrude plant and transportation bottlenecks. Savage Tankers photo by craypicts@verizon.net. Canadian crude output on the rise According to [Read more]
Enbridge Inc is selling some of its natural gas gathering and processing business in Canada to Brookfield Infrastructure Partners as part of the company’s effort to focus on its pipeline business. North Peace Economic Development [Read more]
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