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Oil & Gas

News Energy Manufacturing Oil & Gas General
January 9, 2020  

Alberta petrochemical project cost estimate rises to about $4.9B

Dehydrogenation and polypropylene upgrading plants will turn propane into plastic pellets for shipment to manufacturers around the world.

News Energy Manufacturing Oil & Gas Technology
January 6, 2020  

Canadian oilpatch hopes float on Prairie helium drilling prospects

Cooling agent of choice for superconducting magnets in research and medicine.

News Automotive Chemicals Construction Electronics Energy Food & Beverage Forestry Government Manufacturing Minerals Oil & Gas Pulp & Paper Transportation Economy General Operations
January 1, 2020  

Some businesses thrived, many lagged during pandemic in 2020

Here are the lists of winners and losers

News Government Oil & Gas General
December 19, 2019  

Indigenous opposition to pipeline shouldn’t outweigh others: Provinces

Court heard from four Indigenous groups from British Columbia on Trans Mountain.

News Government Oil & Gas General
December 16, 2019  

First Nation alleges Ottawa withheld info during Trans Mountain consultation

Indigenous groups arguing in the court the Canadian government predetermined the outcome before its latest approval of the Trans Mountain pipeline.

News Energy Manufacturing Oil & Gas General
December 11, 2019  

Chevron looking to sell its 50% stake in its Kitimat LNG project

Lower long-term prices for oil and natural gas will reduce the value of its assets.

News Energy Manufacturing Oil & Gas General Production
December 10, 2019  

Cenovus capital spending to edge higher in 2020, production to rise

Increase largely due to a deferral of spending following the mandatory production curtailments in Alberta.

News Energy Manufacturing Oil & Gas Transportation General
November 27, 2019  

Rail strike, pipeline spill lead Alberta to extend oil curtailment levels

Government will gradually increasing the amount that can be produced.

News Energy Manufacturing Oil & Gas General
November 25, 2019  

Feds won’t explain how pipeline expansion will raise $500M in tax revenue [UPDATED]

Cited by the government when it approved the project a second time last June.

News Energy Manufacturing Oil & Gas General
November 25, 2019  

Canacol making LNG for retail customers in Colombia

Will replace diesel, fuel oil, compressed natural gas and propane that cost more or have higher emissions.

News Energy Manufacturing Oil & Gas General
November 20, 2019  

Competition Bureau clears Pembina Pipeline deal

Buying Kinder Morgan Canada and the US portion of the Cochin system.

News Energy Government Manufacturing Oil & Gas General
November 19, 2019  

Trans Mountain received $320M in government subsidies: report

Money included direct subsidies and indirect subsidies that were not clearly disclosed to taxpayer.

News Energy Manufacturing Oil & Gas General
November 18, 2019  

Tanker crash, fuel spill prompts BC ministry monitoring

About 25% of the crude being transported spilled on the ground or into the nearby river.

News Energy Manufacturing Oil & Gas General
November 11, 2019  

Keystone pipeline restarted after breach in North Dakota

TC Energy will operate the pipeline at a reduced pressure with a gradual increase in the volume of crude oil.

News Energy Manufacturing Oil & Gas General
November 7, 2019  

Failure of Houston Oil & Gas threatens to create up to 1,400 orphan wells

Estimated abandonment and reclamation bill associated with wells, pipeline segments and other assets is $81.5 million.

News Energy Manufacturing Oil & Gas General
November 1, 2019  

Cenovus boosts oil output plans on curtailment relief for rail

To startup its $675-million, 50,000-barrel-per-day Christina Lake phase G oil sands expansion project.

News Energy Manufacturing Oil & Gas General
November 1, 2019  

Encana HQ move to US an oilpatch ‘tragedy’: Cenovus CEO

Foreign companies have also taken billions of dollars with them as they left the Canadian oilpatch.

News Energy Manufacturing Oil & Gas General
October 31, 2019  

Keystone pipeline shut down to investigate potential ND oil leak

Some wetlands appear to have been affected, but not any sources of drinking water.

News Energy Government Manufacturing Oil & Gas General Sustainability
October 30, 2019  

Alberta climate plan for industry retains key parts of old legislation

$30 a tonne for emissions over benchmark or collect credits if beneath.

News Energy Government Manufacturing Oil & Gas General
October 24, 2019  

TMX pipeline could fund $500M a year in clean energy projects

Morneau says the pipeline extension to the BC coast is a crucial piece of financing for a clean energy economy.

News Energy Government Manufacturing Oil & Gas Economy General
October 24, 2019  

Trudeau’s post election priorities are climate and pipeline

Going ahead with the controversial Trans Mountain pipeline from the Alberta oil sands to the Pacific Coast.

News Energy Government Manufacturing Oil & Gas Economy General
October 24, 2019  

Kenny to continue with NDP’s Alberta petrochemical credit program

But two other NDP energy diversification schemes offering loan guarantees and grants will get the axe.

News Energy Manufacturing Oil & Gas General Sustainability
October 24, 2019  

Exxon low-balled carbon pricing impact on oil sands projects: Lawsuit

New York alleges investors were led to believe they faced a lower risk.

News Energy Manufacturing Oil & Gas General
October 24, 2019  

Husky Energy reports Q3 profit drop from year ago

Company is laying off staff as it aligns its workforce with the capital plan and strategy.

News Energy Manufacturing Oil & Gas General
October 23, 2019  

Oilpatch reaction muted after minority Liberal election win

Reaction suggests the widely predicted election outcome was baked into heavily discounted energy stock prices.

News Manufacturing Oil & Gas General
October 21, 2019  

Not a political question: Thunberg calls for climate action in Alberta

Protesters and counter-protesters were drawn to the rally attended by the 16-year-old Swedish climate activist.

News Oil & Gas General
October 16, 2019  

Germany angered by Shell refusal to dismantle old oil rigs

The dispute comes as Britain, where Shell has a major corporate presence, is in the process of withdrawing from the EU.

News Oil & Gas General
October 16, 2019  

Swedish activist Greta Thunberg in Edmonton Friday for climate strike

The teen has been making international headlines with her chastising of world leaders who she accuses of letting down youth by doing too little to tackle climate change.

News Oil & Gas General
October 15, 2019  

Tourmaline Oil shares rise after it spins off hybrid royalty corporation

Western Canada’s natural gas industry has struggled for years due to low commodity prices and pipeline transportation constraints.

News Energy Manufacturing Oil & Gas General
October 9, 2019  

Alberta incorporates energy war room as Canadian Energy Centre

Will focus on improving the reputation of Alberta’s oil and gas sector.

News Oil & Gas General
October 8, 2019  

Major Drilling signs deal to buy Norex Drilling for $19.7M

The company will acquire 22 drill rigs, including 17 compatible specialized surface drill rigs and five underground drills.

News Energy Manufacturing Oil & Gas General
October 8, 2019  

Norwegian fund cuts four Canadian oil sands firms

Has reduced its tolerance threshold for companies with interests in the oil sands from 30% to 5%.