CEPA (Canadian Energy Pipelines Association) consistently emphasized that the NEB (National Energy Board) was the best placed regulator to oversee the full cycle of a pipeline from beginning to end…If the goal is to curtail [Read more]
Just over half of Canadians polled say governments should offer more EV incentives, rather than leaving the price and popularity of such vehicles completely to the free market. Natural Resources Canada photo. More than half [Read more]
On Monday, Crescent Point Energy named Criag Bryska as its new president and chief executive, replacing former CEO Scott Saxberg. Company photo. Crescent Point Energy to cut 17 per cent of workforce Crescent Point Energy [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]
Chrystia Freeland, foreign affairs minister Saudi Arabia exports 100,000 b/d of crude oil to Eastern Canada. Total imports by Eastern refiners are 315,000 b/d Prime Minister Justin Trudeau has the perfect response to Saudi Arabia’s [Read more]
According to second quarter financial reports from Canadian pipeline company TransCanada, the Calgary-based company’s profits fell by 11 per cent, but the results beat analysts’ expectations. Company photo. TransCanada profits down by 11 per cent [Read more]
Ottawa tinkers with carbon tax regulation to better protect 4 Canadian sectors from foreign competitors not subject to carbon pricing…nothing to see here, folks Critics of carbon pricing have got themselves into a bit of [Read more]
In its second quarter financial report, Encana says it delivered strong financial performance due to increased activity, streamlined efficiencies and rising oil prices. Company photo. Encana on track to grow annual production by over 30 [Read more]
Baytex and Raging River Exploration entered into an agreement to merge the two companies in mid June. The deal is expected to close on August 22. Company photo. Baytex production up by 2 per cent [Read more]
“Suncor generated the strongest second quarter cash flow on record, with funds from operations of $2.9 billion and operating earnings of $1.2 billion,” said Steve Williams, president and chief executive officer. Getty Images photo. Suncor total upstream production [Read more]
Precision Drilling says it has reached its highest US market share to date and is reporting 14 per cent higher activity in the second quarter of this year compared to the same period in 2017. [Read more]
Cenovus reported its oil sands operations produced about 390,000 barrels per day b/d, or 49 per cent higher than the same period of 2017, at record low oil sands operating costs. Company photo. Cenovus oil sands [Read more]
Crescent Point Energy completed first half 2018 East Shale Duvernay drilling program with encouraging initial well results, Canadian operations back in full swing after spring break-up New management team focused on improving balance sheet, disciplined capital [Read more]
Higher production levels at the Alberta oil sands translated into substantial greenhouse gas emissions growth: over the whole record, oil sands emissions alone grew 367 per cent to 72 megatonnes (Mt). Canada behind in its [Read more]
‘Canada’s Folly’ is important not because it’s accurate, but because this is increasingly how investors outside Canada view industry, government policy Is the Canadian government’s purchase of West Coast pipeline assets from Kinder Morgan Canada “a [Read more]
The common front at G7 Summit was important signal that Canada is in good company on what looks to be a difficult file By Glen Hodgson, senior fellow, Conference Board of Canada The full Trump [Read more]
Refineries in US East Coast have minimal pipeline access so bring in Western Canadian crude oil by rail In March of 2018, Canadian oil volumes exported by rail reached a 3-year high of over 170,000 [Read more]
Combined Canadian and U.S. storage inventories totaled 1 964 billion cubic feet in May, 22% below 5-year average Due to a cold winter this year, natural gas inventories remain below the 5-year average heading into the [Read more]
There is a growing opportunity for Canada to serve growing Chinese demand for LNG A new University of Calgary report says there is a rapidly growing demand for liquid natural gas (LNG), which could be [Read more]
Recently added threat of tariffs on auto imports is another risk factor By Glen Hodgson, Senior Fellow, Conference Board of Canada In normal circumstances, these should be boom times for Canadian exports. The U.S. economy is [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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