Canadian Natural Resources Ltd, or CNRL, says it will drop its output this spring as bottlenecks in crude transportation in Canada continue to pressure oil prices. CNRL photo. CNRL shares down 2 per cent Thursday [Read more]
Outlook promising for environmental jobs as government, academic institutions, and industries mobilizing to support clean technology and climate change implications The environmental employment sector is an important component of the Canadian economy. ECO Canada recently [Read more]
Economic prospects less positive for the Northwest Territories Ottawa—Strong economic growth is expected in Nunavut and Yukon this year, while the economic outlook for the Northwest Territories is more muted. Growth is expected to average [Read more]
Shaunavon wells drilled in 2015 and 2016 could produce less oil over lifetimes than wells drilled in prior years Steadily improving technology in the oil and gas sector means that newer tight oil wells should [Read more]
Suncor CEO Steve Willimas said he is confident both the Kinder Morgan Trans Mountain and Enbridge Line 3 pipelines will be built. Suncor photo. Suncor CEO says high Canadian discount had no impact on earnings [Read more]
Carolyn Fischer’s work on effects of carbon pricing on international competitiveness influenced design of Alberta’s GHG emissions rules By Alanna Mitchell, University of Ottawa Carolyn Fischer, a Canadian–American citizen who was born in Ontario while her [Read more]
Canada’s GDP saw largest monthly gain since May 2017 The Conference Board of Canada(CBOC) has released insights into the latest gross domestic product(GDP) statistics for Canada, which rebounded thanks to strong mining, oil and gas [Read more]
Of the 132,000 b/d of Canadian crude oil imported by rail in 2017, over half went to U.S. Gulf Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past [Read more]
80% of Canadians live in jurisdictions with a price on carbon pollution in 2017 A new analysis by Environment and Climate Change Canada says that pricing carbon can significantly reduce carbon pollution while maintaining a [Read more]
Peak production from wells drilled from 2001 to 2009 averaged about 4 b/d Peak production rates of the Alberta and Saskatchewan Viking Formation oil wells are ten times higher than they were ten years ago, according to [Read more]
Freight transportation is highly competitive, fleet owners focus on length of time for return on investment, 3 years being upper limit Full implementation of existing fuel-saving technologies, combined with accelerated adoption of emerging disruptive technologies [Read more]
The chief executive of Cenovus Energy says Canadian rail companies have hired and are training crew and are reactivating a number of locomotives to handle increased oil by rail shipments in the second half of [Read more]
A Minnesota judge has agreed that the Enbridge Line 3 replacement project is necessary, but has rejected the Calgary-based company’s preferred route. Enbridge graphic. Enbridge Line 3 project valued at $8.2 billion On Monday, a [Read more]
Bank of Canada will remain cautious in its approach to reducing monetary stimulus with just one more rate hike this year The Conference Board of Canada(CBOC) released a report showing that gasoline prices are driving [Read more]
Six-in-ten say Kinder Morgan could have done a better job earning the public’s trust on this project, brought trouble on itself Angus Reid has conducted a poll on Canadian’s thoughts on Kinder Morgan’s Trans Mountain [Read more]
Mexico moved away from regulated propane prices towards market-based wholesale prices throughout 2017 The value of Canada’s propane exports to Mexico totaled $204.7 million in 2017, an increase of nearly eight times from the $25.4 million exported [Read more]
Two unions with the Canadian Pacific Railway have issued 72 hour strike notice. A CPR strike could derail any recovery in the Alberta oil industry which has suffered heavy losses since the 2014 oil price [Read more]
As supplies from Mexico, Venezuela and other competitors wane, Canadian supply increasing share of refining runs in world’s largest heavy oil market Supplies of Canadian oil sands heavy crude are increasingly being refined on the [Read more]
On Sunday, Kinder Morgan Canada announced it will be suspend most of the work on the company’s $7.4 billion expansion of the Trans Mountain pipeline. Trans Mountain photo. Trans Mountain pipeline expansion would have tripled [Read more]
Some media reports suggest Canada, USA, and Mexico very close to signing new NAFTA agreement According to the Conference Board of Canada report, exports rose in Feb. after decreases in Jan. Following two months of growth, [Read more]
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