Husky Energy Plans $3.4 Billion Capex Program For 2019
The investment is about $300 million less than the company forecast in May and includes reductions resulting from Alberta’s mandated oil production cuts.
Canada-To-US Oil Pipelines Restart After Weather Disruptions
Enbridge, TransCanada pipes carry a combined 1.8 million bbl/d.
Two Key Canada-To-US Oil Pipelines Hit By Disruptions
Weather-induced power outages hit Enbridge Mainline system and TransCanada’s Keystone pipeline.
Blackbird Energy, Pipestone Oil Merge To Form Montney Pure-Play
Blackbird Energy and Pipestone Oil have agreed to merge, forming Pipestone Energy which is set to have the single largest land position in the Montney shale play in Alberta, Canada.
Encana To Combine With Newfield Exploration In $5.5 Billion All-Stock Transaction
The acquisition of Newfield and its key position in the Stack/Scoop is expected to make Encana the second largest producer of unconventional resources in North America.
HEADLINES: Canada's LNG Outlook Gets Boost; Exxon Mobil Reportedly Shopping GoM Assets
Canada's energy industry got a boost this week from an LNG project FID. Plus Encana exits the San Juan Basin, Husky makes a play for MEG Energy and reports that Exxon Mobil is exploring the sale of its Gulf of Mexico assets.
Massive Canada LNG Project Gets Green Light
First gas from the LNG Canada project is expected before 2025, aiming to feed an expected surge in demand for the cleaner, super-chilled fuel from hungry Asian buyers, mainly China.
Encana Profit Beats On Higher Production, Oil Prices
Encana Corp. blew past analysts’ estimates for quarterly profit on August 1, as the oil and gas producer benefited from rising shale oil production in the Permian Basin, where it operates one of its biggest oil fields.
TGS Expands Onshore Seismic Project In Canada
TGS has expanded its 2018 onshore seismic survey Dawson Phase II in Canada, the company said July 20.
Encana’s Path Forward
President and CEO Doug Suttles refocused Encana Corp. after facing what he called “inconvenient facts.”