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Oil & Gas

News Energy Oil & Gas General
July 29, 2020  

Enbridge Q2 earnings slip as revenues plunge 40% due to COVID aftermath

Enbridge was expected to report 55 cents per share in adjusted profits on $12.5 billion in revenues

News Energy Oil & Gas General
July 29, 2020  

Enbridge reports stronger than feared Q2 Mainline oil transport volumes

The Calgary-based company reported second quarter net income of $1.65 billion

News Energy Oil & Gas General
July 29, 2020  

Prolonged oil industry slump leads to third cut in Canadian drilling forecast

The Petroleum Services Association of Canada says it now expects just 2,800 wells will be drilled in Canada this year

News Oil & Gas General
July 27, 2020  

Deutsche Bank says it won’t back an new oilsands or coal project

It says its ban on oilsands financing, effective immediately, will include exploration, production, transport or processing

News Oil & Gas General
July 27, 2020  

Canada’s liquefied natural gas industry expected to create new job opportunities: experts

The report analyzes the economic impact the LNG industry would have across the country

News Energy Manufacturing Oil & Gas General
July 23, 2020  

Kelt to sell BC Montney assets to ConocoPhillips for $510M

Eliminates debt with sale of producing and development assets in the region.

News Energy Oil & Gas General
July 16, 2020  

Environment minister reconsidering staying out of Alberta coal mine review

Vista mine began shipping coal for export in May 2019 and the company is now looking to double, or even triple its output.

News Energy Oil & Gas General
July 14, 2020  

Shell’s Quest carbon capture project hits milestone of five million tonnes

Quest opened in 2015 and cost about $1.35 billion, backed with $745 million from the Alberta government and $120 million from Ottawa.

News Oil & Gas General
July 9, 2020  

Irving Oil cutting 250 jobs, 6% of workforce, due to the economy

Reductions will affect operations in Canada, the United States, Ireland and Britain.

News Oil & Gas General
July 2, 2020  

Supreme Court dismisses Indigenous appeal of Trans Mountain approval

The court dismissed the appeal July 2 from the Squamish Nation, Tsleil-Waututh Nation, the Ts’elxweyeqw Tribes and Coldwater Indian Band, effectively ending the years-long legal battle over the project

News Energy Manufacturing Oil & Gas General
July 2, 2020  

Michigan judge allows restart of disputed Enbridge oil pipeline

Safety test to be conducted, energy company can keep it running subject to the results and further order of the court.

News Energy Oil & Gas General
June 29, 2020  

BP sells petrochemicals arm to Ineos for US$5B

The move is part of the oil giant’s plan to shift activities to renewable sources of energy

News Energy Oil & Gas General
June 24, 2020  

Alberta reinstating environmental monitoring in industry, oilpatch on July 15

Testing and reporting had been suspended due to the COVID-19 pandemic

News Energy Oil & Gas General
June 23, 2020  

Michigan asks judge to shut Enbridge pipeline in Great Lakes

Energy company insists Line 5 pipeline was not damaged, flow of oil and natural gas liquids resumed June 20.

News Energy Oil & Gas General
June 23, 2020  

Co-op, Unifor ratify seven-year deal after six-month labour dispute

Collective agreement includes wage improvements that meet standards agreed to by energy sector unions.

News Energy Oil & Gas Economy General
June 22, 2020  

Feds relaxing new fuel standards short term, tougher by 2030

Producers will have to do more to green up their gasoline and diesel fuels starting in 2026.

News Oil & Gas General
June 18, 2020  

Coastal GasLink set to lay first pipe as it ramps up LNG pipeline

Construction also begins this summer on a compressor and metering stations.

News Oil & Gas General
June 18, 2020  

800 Enbridge staff take voluntary buyouts offered to cut costs

The Calgary-based pipeline company announced in May it would defer $1 billion in capital spending this year

News Energy Government Oil & Gas General Sustainability
June 16, 2020  

Scientists criticize Alberta’s monitoring suspension, lack of consultation

Most of it could have been done safely, says Jay White, president of the Alberta Society of Professional Biologists.

News Energy Manufacturing Oil & Gas General Operations
June 15, 2020  

Trans Mountain says pipeline has restarted after spill in Abbotsford, BC

Cause of the spill related to a fitting on a one-inch, or 2.5-centimetre, piece of pipe.

News Energy Oil & Gas General
June 12, 2020  

Alberta ends agency created to handle green rebates and programs

Will be folded into other departments or the current Emissions Reduction Alberta.

News Energy Oil & Gas General Sustainability
June 9, 2020  

Alberta First Nations appeal suspension of monitoring in oilpatch

Appeal argues suspensions were made without any rationale linking specific activities to COVID-19 risks.

News Energy Oil & Gas General
June 9, 2020  

Oil and gas spending estimates adjusted lower as uncertainties persist

$23.3 billion to be invested in Canada this year, down from about $37 billion in a January forecast.

News Energy Manufacturing Oil & Gas General Sustainability
June 5, 2020  

First Nations, environmentalists ask for restart of oilpatch monitoring

Companies no longer have to monitor fumes released by burning, or look for and repair leaks of methane, a greenhouse gas.

News Oil & Gas General
June 2, 2020  

Trans Mountain reaches ‘key milestone’ as construction begins in BC

Will deliver about 300,000 barrels of petroleum products daily, but expansion will boost to 890,000 barrels.

News Energy Government Oil & Gas General
May 28, 2020  

BC swamped with funding applications to restore oil and gas wells: minister

The federal government announced in April BC would receive $120 million to clean up inactive oil and gas sites.

News Energy Oil & Gas General
May 26, 2020  

Gathering limits make it a ‘great time to be building a pipeline:’ Alberta minister

Sonya Savage said, “Now is a great time to be building a pipeline because you can’t have protests of more than 15 people”

News Energy Government Manufacturing Oil & Gas General
May 20, 2020  

Observers warn lawsuits likely if Democrat Biden cancels Keystone XL

Candidate’s comment represents a significant risk for the US$8-billion project.

News Government Oil & Gas General
May 14, 2020  

Chiefs, governments to sign rights understanding after BC pipeline protests

Memorandum doesn’t address Wet’suwet’en opposition to the pipeline, part of a $40-billion LNG export terminal project in Kitimat.

News Energy Oil & Gas Economy General
May 14, 2020  

Norway’s wealth fund excludes oil sands investments over GHG emissions

Canadian Natural Resources, Cenovus Energy, Suncor Energy and Imperial Oil are out.

News Government Oil & Gas General
May 14, 2020  

BC lays out $120 million plan to clean up inactive oil and gas wells

Premier John Horgan says restoring more than 2,000 inactive oil and gas wells would support upwards of 1,200 jobs.

News Oil & Gas General
May 7, 2020  

Imperial Oil reports dead birds on Alberta tailings ponds

Birds landed despite active deterrent systems including radar, noise cannons, eye-safe lasers and scarecrows.