oil
Federal oil tanker ban bill defeated in Senate, but legislation not dead
Bill would put into a law a voluntary moratorium on tanker traffic off BC’s north coast.
Ensign Energy exec forecasts Canadian drilling rebound
Company hopes to put 45 to 50 rigs to work in Western Canada in the third quarter.
Trident bankruptcy may show lenders viewing industry differently: CAPP
Trident is abandoning 4,392 licensed wells, pipelines and other facilities.
PSAC cuts oil and gas drilling forecast again as slowdown deepens
Slowdown due to decaying investor confidence as export pipeline projects are delayed.
Morneau insists LNG terminal shows Canada can deliver big projects
Liberals taking heat over regulations, including those blamed for holding back construction of oil pipelines out of Alberta.
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‘We will keep our commitments:’ Alberta premier Kenney
Cap stays, will proclaim into law a bill to cut oil shipments to BC in response its opposition to the Trans Mountain pipeline expansion.
Husky Energy reports $328M Q1 profit, up from $249M a year ago
Production in the quarter averaged 285,200 barrels of oil equivalent per day.
No guarantee of a pre-election Trans Mountain decision: Sohi
Natural Resources minister doesn’t expect the deadline will be pushed back again.
Production curtailments deliver billions to taxpayers: Cenovus CEO
In Q1, improved commodity pricing drove a strong financial performance, and royalty payments of more than $190 million.”
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Ottawa extends deadline for Trans Mountain decision to June 18
New deadline will give the government more time to complete its consultations with Indigenous groups.
Oil and gas sector applauds pro-business Alberta government
But province’s difficulty in moving oil to market will remain a major challenge.
Decision day in Alberta: Voters head to polls in provincial election
Rachel Notley’s NDP goes up against Jason Kenney’s United Conservatives.
Oil and gas producers down nearly 300 names since 2014
Lack of capital, rising exploration costs blamed.
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Experts say no government can bring back Alberta bitumen boom
Research suggests while renewables are still small, they play a big role in meeting new demand.
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Why Alberta would be foolish to abandon carbon policy
Alberta and Canada depend on global energy markets; we cannot isolate ourselves from global values.
