Oil & Gas
Morneau insists LNG terminal shows Canada can deliver big projects
Liberals taking heat over regulations, including those blamed for holding back construction of oil pipelines out of Alberta.
BC takes Alberta to court on law that could see gasoline exports cut
Arguing the Alberta law is unconstitutional, provinces can’t discriminate in the distribution of natural resource products.
Feds to exempt oil sands from new reviews
…unless new Alberta premier Jason Kenney lifts emissions cap.
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‘We will keep our commitments:’ Alberta premier Kenney
Cap stays, will proclaim into law a bill to cut oil shipments to BC in response its opposition to the Trans Mountain pipeline expansion.
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China tensions ‘do not play out in our project’: LNG Canada CEO [UPDATED]
$40-billion project is on track to start transporting gas in late 2023.
No guarantee of a pre-election Trans Mountain decision: Sohi
Natural Resources minister doesn’t expect the deadline will be pushed back again.
Canada banning oil, gas and mining from marine protected areas
Changes apply recommendations made last fall.
Production curtailments deliver billions to taxpayers: Cenovus CEO
In Q1, improved commodity pricing drove a strong financial performance, and royalty payments of more than $190 million.”
Cenovus says Alberta production curtailments are working
Energy company showed a profit in Q1 compared to a loss a year ago.
New study suggests oilsands greenhouse gas emissions underestimated
Scientists say four major oilsands mines are releasing an average of about one-third more carbon dioxide per barrel of oil than they report.
Acquisitions, insolvencies cited as drilling company count tumbles by 40%
The Canadian drilling market would benefit from more consolidation given recent declines in drilling activity.
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Ottawa extends deadline for Trans Mountain decision to June 18
New deadline will give the government more time to complete its consultations with Indigenous groups.
Oil and gas sector applauds pro-business Alberta government
But province’s difficulty in moving oil to market will remain a major challenge.
Kinder Morgan options for Canadian branch delayed due to ‘complexity’
Company reported net income of $21.3 million on revenue of $102 million in the three months ended March 30.
Oil and gas producers down nearly 300 names since 2014
Lack of capital, rising exploration costs blamed.
