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Oil & Gas

News Energy Government Manufacturing Oil & Gas General Operations Production Sustainability
November 25, 2020  

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.

News Energy Manufacturing Oil & Gas General
November 25, 2020  

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.

News Energy Manufacturing Oil & Gas General
November 24, 2020  

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.

News Energy Oil & Gas General
November 24, 2020  

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.

News Energy Oil & Gas General Sustainability
November 23, 2020  

Public could be on the hook for costs of decommissioning NL offshore

…but how much of it will be borne by taxpayers is not public information.

News Energy Oil & Gas General Production
November 19, 2020  

Drilling forecast calls for 14% rebound in 2021 from depths of 2020

The Canadian Association of Oilwell Drilling Contractors expects 3,771 wells to be drilled next year.

News Energy Oil & Gas General
November 17, 2020  

Natural Law Energy inks deal with TC Energy to invest in Keystone XL

Indigenous group represents four First Nations in Alberta and one in Saskatchewan.

News Energy Manufacturing Oil & Gas General
November 12, 2020  

Methane emissions from oilpatch twice as high as thought: survey

Could complicate regulatory attempts to nearly halve releases over the next five years.

News Energy Government Manufacturing Oil & Gas Economy General
November 10, 2020  

Biden win bad news for Keystone XL, but new relationship with Canada

Better aligned with Canada’s federal stance on climate change, could make Canadian companies more competitive with their US peers.

News Energy Manufacturing Oil & Gas General Production
November 5, 2020  

Tourmaline Oil buys two privately held oil and gas firms for $526M

Expects its production at the end of 2020 to be about 400,000 boe/d with the successful completion of the two acquisitions.

News Energy Oil & Gas General
October 29, 2020  

Husky Energy reports $7B loss in Q3, hit by impairment charges

Related to lower long-term commodity price assumptions and reduced capital investment.

News Energy Government Oil & Gas Economy General Sustainability
October 29, 2020  

Inquiry into Alberta oil and gas critics extended to Jan. 31

Looking at foreign interests bankrolling campaigns against fossil fuel development.

News Energy Oil & Gas General Operations
October 28, 2020  

Cenovus targets up to 25% workforce reductions with Husky takeover

8,600 employees and contractors currently working at the two companies.

News Energy Manufacturing Oil & Gas General
October 28, 2020  

Suncor relocating its PetroCanada HQ to Calgary from Ontario

Shift to remain competitive by integrating the downstream business with the rest of the company.

News Energy Government Manufacturing Oil & Gas General
October 26, 2020  

Inquiry into oil and gas foes to deliver report next year: Kenney

Government contends foreign interests have been working to undermine the industry for years.