Canadian Natural Resources To Temporarily Shut In Oil Production Due To Wildfires
Oil and gas producer Canadian Natural Resources Ltd. said on Friday it would temporarily shut-in about 65,000 barrels per day (bbl/d) of crude oil production due to forest fires in Alberta.
Steep Prices Holding Back Oil Sands
Project costs have declined in western Canada but production growth is still expected to lag.
Devon Energy Kicks Off Transformation With $2.8 Billion Canada Exit
Devon Energy agreed to sell its Canadian business to Canadian Natural Resources, knocking out a target in the Oklahoma City-based independent energy company’s planned transformation.
Quebec Provincial Leader Aims To Boost Use Of Hydroelectric Power
François Legault, premier of Canada's hydroelectricity-reliant Quebec province, on Sunday said he would present a sweeping plan to electrify public transport and heating and air conditioning by the end of 2019 or the start of 2020.
Gibson To Load 225,000 bbl/d of Canadian Crude-By-Rail By Summer's End
Canadian midstream company Gibson Energy is loading 60 unit trains per month at the Hardisty, Alberta, crude-by-rail terminal and that will go up to 90 trains per month by the end of the summer, CEO Steve Spaulding said on May 24.
Court Rules British Columbia Cannot Regulate Trans Mountain Pipeline Oil Flows
A British Columbia court ruled on Friday that the provincial government cannot introduce a law that would regulate increased flows of heavy crude through the proposed Trans Mountain pipeline.
Canada's Oil-Rich Alberta Introduces Bill To Repeal Carbon Tax
Canada's main crude-producing province Alberta introduced a bill to repeal the provincial carbon tax on Wednesday, setting up a legal tussle between Premier Jason Kenney's United Conservative Party and Justin Trudeau's Liberal government in Ottawa.
Analysts Forecast Montney Production Surge Despite Challenges
The increase is expected as operators improve completion designs and economics while battling low natural gas prices and infrastructure constraints.
Canada's Opposition Chief Pledges To Limit Spending, Build Energy Corridor
Canada's Conservative Party leader Andrew Scheer on Thursday said if he is elected in the October national election he will rein in spending, build oil pipelines and put the country on a path to energy independence by 2030.
SemCAMS Midstream, Keyera To Build Canadian Liquids Pipeline System
NGL and condensate system will connect Montney and Duvernay to Fort Saskatchewan.