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%.
Problem with pump equipment, regulator says no wildlife has been affected.
Earnings boosted by the gain on the sale of controversial pipeline expansion to federal government.
Volatility blamed on pipeline capacity failing to match growing oil sands output, and production limits.
Comes 18 years after Foster Creek facility was launched as the first commercial oil sands project to use steam-assisted gravity drainage.
But Quebec is backing one major issue with some of the other provinces – opposition of the federal carbon tax.
Would result in Alberta producers getting better prices for higher volumes of oil.