oil
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Cenovus posts $914M net loss amid challenging pricing conditions
74 cent per share loss compared with a year earlier profit of $211 million or 25 cents per share.
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Enbridge Line 3 project should follow existing route: US judge
Proposal opposed by environmentalists because Enbridge’s preferred route would carry oil sands crude across environmentally sensitive areas.
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Cleantech company buys land in Hawksbury for thermal tire recycling plant
Ecolomondo’s thermal decomposition technology will harvest carbon black, steel oil and gas.
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Canada to oppose Alaska oil drilling on caribou habitat: minister
Porcupine herd is considered crucial to the physical and cultural health of Indigenous people.
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Saskatchewan introduces law to allow control of oil, gas exports
Province is supporting Alberta in a dispute with BC over the Trans Mountain pipeline.
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Taiwan company plans $9.4B chemical complex in Louisiana
Project is expected to provide 1,200 permanent jobs with average salaries of $84,500.
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McKenna defends BP Canada’s plans to drill in NS
Federal environment minister says project went through an environmental assessment, has strict conditions.
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Alberta and BC are dropping the gloves over pipelines
Notley warns of retaliation if BC’s obstruction of the pipeline continues.
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Saskatchewan premier says his province will also table BC oil ban bill
Bill aims to give the energy minister authority to intervene in the market, via direct licences to companies.
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Alberta move to cut energy shipments expected to hit more than BC fuel prices
Could damage Alberta and Canadian businesses and citizens as well as those in BC.
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The high cost of pipeline obstructionism
A lack of capacity to cheaply transport crude is costing Canada billions.
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BC rejects Trudeau’s claim it has been silent on Trans Mountain demands
List of items was provided to the federal Liberals right after BC warned it was considering restricting the flow of diluted bitumen.
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Energy shippers nervous about Alberta plan to control oil, gas exports
Would have the power to direct truckers, pipeline companies and rail operators on how much product can be shipped and when.
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Trudeau pledges money, new law to make Trans Mountain pipeline happen
…But positions of Notley and Horgan appear all the more entrenched after April 15 meeting.
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Tide turns for Canada’s oil industry, but pipeline issues a constraint
Ability to expand export markets beyond North America key to competitiveness.
