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Oil & Gas

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.