
Industry
Oil & Gas
TC Energy invites bids for Keystone pipeline space as plans advance for Keystone XL
The Calgary company building the Keystone XL pipeline is inviting oil…
Suncor to record impairment charge on White Rose assets
Suncor advised that it will record in the fourth…
Two workers killed in collision at Suncor
Occurred at oilsands mine near Fort McMurray
Pipeline spills about 400,000 litres
Some enters North Saskatchewan River

Petrochemical complex heading back to Prince George
The massive West Coast Olefins Ltd. petrochemical complex is…

Husky shareholders back friendly takeover
Cenovus deal worth $3.8 billion in shares
Canadian Natural to boost oil, gas output 5% on higher $3.2B budget
Increased drilling program a result of no curtailment and a current improved outlook for commodity prices in 2021.
Future value of Trans Mountain rests on Liberals’ climate plans: PBO
Paying for the pipeline’s expansion is estimated to cost $12.6 billion.

How to cut global emissions, boost the economy
Exporting LNG to displace coal is a powerful way to lead in helping to reduce global emissions.
Baytex Energy sets lower capital budget for 2021
Spending of between $225 million and $275 million next year.
Imperial Oil to lay off 200 workers following cost cutting analysis
Also reduced the number of contractors it employs by about 450 since the start of the year.
May be no need for Trans Mountain expansion: Canada Energy Regulator
Under an evolving scenario, Line 3 alone is enough added capacity to handle an 15% increase before peaking in 2039.

Imperial Oil to end Syncrude services contract as Suncor takes over
Switching operatorship a sign the oil sands mining industry has evolved from a high-cost and risky, to more proven and predictable.

Fossil fuels declining, but still big in Canada’s energy use by 2050: report
Even with many more policies to curb emissions, oil and gas would still make up nearly two-thirds of energy sources.
Suncor agrees to begin operating Syncrude by end of next year
Agreement required from Imperial Oil Resources, CNOOC Oil Sands Canada and Sinopec Oil Sands Partnership.