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Oil & Gas

News Energy Manufacturing Oil & Gas General
April 14, 2020  

Canadian oilpatch cutbacks to continue despite OPEC deal

Doesn’t match the reduction in demand caused by measures taken to deal with the COVID-19 pandemic.

News Energy Manufacturing Oil & Gas General
April 13, 2020  

Deal to cut global oil production finalized, welcomed in Canada

Agreement between OPEC, Russia and other countries follows a glut that sent prices plunging.

News Energy Oil & Gas General
April 9, 2020  

Canada won’t tip hand on possibility of import tariffs on Saudi oil

Kenney wants a continental energy policy to help North America fight what he says are predatory pricing practices.

News Energy Government Manufacturing Oil & Gas Economy General
April 9, 2020  

Alberta smartphone plan to enforce quarantines raises privacy questions

One plank of a “relaunch strategy” to get COVID-19 under control so economic activity can resume.

News Energy Manufacturing Oil & Gas General
April 8, 2020  

Energy company OK with Canada joining oil supply pact

Canadian Natural Resources president Tim McKay says the solution is acceptable as long as it is “broad-based” and fair to all participants.

News Energy Manufacturing Oil & Gas General
April 7, 2020  

Work starts in Montana on disputed Canada US oil pipeline

Project has been tied up for years in legal battles and several court challenges are still pending.

News Oil & Gas Facilities Maintenance General Machinery and Equipment Maintenance
April 7, 2020  

Parkland Fuel nears completion of maintenance at BC refinery

Will take two-weeks to reach full operational capability with additional safety measures taken due to COVID-19.

News Oil & Gas General
April 6, 2020  

Cryopeak LNG Solutions breaks ground on new LNG production facility

First fully funded and permitted LNG production facility in the Fort Nelson, BC area.

News Energy Manufacturing Oil & Gas General
April 6, 2020  

Oilpatch workers face pay cuts, layoffs as companies react to low prices

Current downturn has hit the Calgary-based oilfield services sector hardest.

News Energy Manufacturing Oil & Gas General
April 1, 2020  

TC Energy enlists Alberta to help finish US$8B Keystone XL project

Province has agreed to invest about $1.5 billion as equity in the pipeline.

News Energy Manufacturing Oil & Gas General Sustainability
March 30, 2020  

Big energy’s interest in renewable energy investments expected to waver

Report says that won’t likely slow overall investment; fossil fuel players weren’t putting much money into it anyway.

News Oil & Gas General
March 26, 2020  

Woodfibre LNG delayed a year, virus slows component deliveries

The company is applying for a five-year extension to its environmental certificate which expires in October.

News Energy Manufacturing Oil & Gas General Production
March 25, 2020  

Suncor cuts $1.5B from budget to cope with low oil prices, virus impact

Cuts follow billions in spending reductions by other major oil sands players.

News Energy Manufacturing Oil & Gas General
March 19, 2020  

Canadian Natural cuts spending, as more producers trim capital plans

Will also cut CEO and other executive salaries and board members have agreed to cut their fees.

News Energy Manufacturing Oil & Gas General Operations
March 18, 2020  

Pembina Pipeline cuts capital spending plan by up to $1.1B

Anticipating a revised 2020 capital budget of between $1.2 billion and $1.4 billion.

News Energy Manufacturing Oil & Gas General
March 17, 2020  

Spring breakup slowdown offers needed pause for hard hit drilling industry

Drilling will be reduced even more than usual: 31% decline forecast for average working rig count in Canada for the rest of 2020.

News Energy Manufacturing Oil & Gas General
March 12, 2020  

TC Energy starts US prep work for Keystone XL pipeline

Clearing a path through US states along the pipeline’s 1,930-kilometre route to begin soon.

News Energy Manufacturing Oil & Gas General
March 10, 2020  

Cenovus cuts 2020 capital spending plan, lowers production guidance

Now plans up to $1 billion this year, down from earlier plans for between $1.3 billion and $1.5 billion.

News Oil & Gas General
March 10, 2020  

Oil price crash: what does it mean for Canada?

The turmoil is already affecting Canadian companies and consumers.

News Energy Manufacturing Oil & Gas General
March 10, 2020  

CPP investment CEO bullish on oil despite price crash, emissions debate

He cites demand for fossil fuels, which is expected to remain strong for many years.

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

All options on table to fight oil price collapse: Kenny

Alberta premier says province’s ability to continue contributing to federal taxes is now at risk.

News Energy Manufacturing Oil & Gas Economy General Production
March 5, 2020  

OPEC looks to cut production as virus outbreak hits demand

Stalled air travel and manufacturing all but stopped in China, sapping demand for fuel following plunging crude prices.

News Energy Government Manufacturing Oil & Gas General
March 4, 2020  

Most Canadians unhappy with Trudeau’s handling of blockade crisis: poll

Respondents are split on whether the Coastal GasLink pipeline project should be stopped permanently or paused temporarily to negotiate further with Indigenous leaders.

Insight Energy Government Manufacturing Oil & Gas General
March 3, 2020  

Teck decision underscores investment crisis in Canada

The federal government is to blame for a significant drop in investment across 10 of the 15 major sectors of the Canadian economy.

News Energy Manufacturing Oil & Gas Economy General
March 3, 2020  

New coronavirus stifling oil and gas economy: Kenny

Industry sideswiped as it works on efficiencies and reducing emissions, while the government focuses on job creation.

News Energy Manufacturing Oil & Gas General
March 3, 2020  

Suncor files application for base oil sands mine extension

Energy company is preparing for when the current base mine is depleted in about 2035.

News Energy Manufacturing Oil & Gas General
March 2, 2020  

Few approved oil sands projects stand to be built in near term: analysts

Output could grow by as much as 1.3 million bpd but more capacity for transport needed.

News Government Oil & Gas General
February 27, 2020  

Alberta legislature resumes: Focus on jobs and bill to punish protesters

The government introduced a bill that proposes stiffer penalties for anyone who tries to shut down critical economic infrastructure, including railways

News Oil & Gas General
February 27, 2020  

Kenney warns cancelled energy projects stand in the way of Indigenous prosperity

He announced that the Woodland Cree First Nation in northwest Alberta will receive a $187,688 grant to intervene in support of Alberta’s constitutional challenge of Bill C-69

News Energy Manufacturing Oil & Gas General
February 26, 2020  

Canadian energy projects more difficult to get to completion: analysts

Canadian law agencies reluctance to provide enforcement for approved projects is among competitive disadvantages.

News Energy Oil & Gas General
February 25, 2020  

Kenney says feds sank Teck mine with deadline change

Ottawa says “not true”, it is not true” Teck was told that the cabinet was going to defer.

News Energy Manufacturing Oil & Gas General Sustainability
February 24, 2020  

Teck withdraws Frontier mine application, cites climate change discourse

Wants jurisdictions to have a framework in place that reconciles resource development and climate change.