Global oil prices fell on the news as forecasts predict a coming economic slowdown and a renewed supply glut.
Economic growth reduced to 3% for 2019 and 3.1% for 2020, down 0.1% in each year.
Will provide steam generation required for Suncor’s extraction and upgrading operations.
Will examine the calibre of the federal government’s consultations.
Significant barriers to new investment, more certainty needed around regulatory processes.
Strategy is to get Western Canada’s hydrocarbons to the highest price markets but he wants to avoid exposure in news articles.
Enbridge’s Line 3 Replacement project to the US Midwestis held up by permitting issues and legal wrangling in Minnesota.
Deal includes an Edmonton storage and terminal business and Vancouver Wharves.
RBC Dominion Securities analyst says near-15-year-low share prices make it attractive.
Ranks as a responsible supplier compared to most other major oil and gas exporting nations.
Newspaper ads ask readers to call on “leaders of all political stripes” to lend their support to the energy industry.
It’s the major source of productivity growth and higher standards of living in developed countries.
Temporarily shut down due to a pipeline interruption that left it without sufficient feedstock.
Earnings were buoyed by a one-time deferred tax recovery of $1.12 billion associated with corporate income tax rate cut of 1%.
Earnings boosted by the gain on the sale of controversial pipeline expansion to federal government.