PLANT

Industry
Oil & Gas

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.

News Energy Manufacturing Oil & Gas Economy General
April 30, 2020  

Oil producers sustaining billions of dollars in asset impairments

Husky CEO says supply and demand will collide “in a very messy way” this quarter.

News Government Oil & Gas General
April 29, 2020  

No short term end to oil price slump hitting Alberta: premier

Kenney says reduced demand for oil and gas during the pandemic, coupled with a destructive price war between Saudi Arabia and Russia, has left the world awash in oil

News Energy Oil & Gas General Production
April 27, 2020  

Trans Mountain, LNG Canada on track despite pandemic

Energy economist says the long-term forecast for both natural gas and oil remains steady.

News Energy Manufacturing Oil & Gas General
April 23, 2020  

China buys crude as prices collapse, adding to stockpiles

Gives Beijing a chance to insulate the country against possible supply disruptions.

News Energy Oil & Gas General
April 23, 2020  

Alberta’s failed oil and gas bailout a warning to feds: report

Says $1.1 billion invested in small and midsize oil and gas companies – one went bankrupt, more likely to follow as share prices tank.

News Energy Manufacturing Oil & Gas General Production
April 22, 2020  

Energy sector shutting down oil production as low crude oil prices persist

More producers join a growing list of companies reducing spending and cutting production.

News Energy Manufacturing Oil & Gas General
April 22, 2020  

Plunging oil prices point to ‘deep collapse’ in sector: drilling firm CEO

Kevin Neveu of Precision Drilling says spending on oil and gas exploration will fall even further from already-depressed levels because of pricing signals.

News Energy Manufacturing Oil & Gas General
April 21, 2020  

Husky cuts production by 80,000 bpd, Canadian total 365,000 bpd

Also cutting $700 million in capital budget, second reduction following an earlier cut of $900 million and $100 million in other spending.

News Energy Manufacturing Oil & Gas General Production
April 21, 2020  

Negative oil price plunge a short term anomaly, limited impact: analysts

Drop in West Texas Intermediate near-month contract prices below negative US$37 per barrel is due to unique circumstances.

News Energy Oil & Gas General
April 20, 2020  

Oilpatch bailout focuses on abandoned wells cleanup, reduced emissions

Government plans to spend $1.7 billion in Alberta, Saskatchewan and British Columbia.

News Energy Manufacturing Oil & Gas General
April 17, 2020  

Tribes press judge to halt US Canada pipeline as work starts

Plans for construction camps housing up to 1,000 workers each cited as a risk to tribes struggling with basic health care services amid potential COVID-19 outbreaks.

News Energy Government Manufacturing Oil & Gas General
April 17, 2020  

Freeze carbon tax, delay new climate regs during virus crisis: CAPP

Cites need to maintain safe and essential operations as industry follows health guidelines, environment critics see an attempt to curb environmental regulations.

News Energy Manufacturing Oil & Gas General
April 15, 2020  

US judge cancels permit for Keystone XL pipeline from Canada

Said the US Army Corps of Engineers failed to adequately consider effects on endangered species such as pallid sturgeon.

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.