Executives are confident the oil price crisis is subsiding but are dismayed by recent setbacks for oil pipelines in the US.
Safety test to be conducted, energy company can keep it running subject to the results and further order of the court.
Producers will have to do more to green up their gasoline and diesel fuels starting in 2026.
Former Encana has reduced activity to address fossil fuel demand destruction and the oil price collapse caused by the pandemic.
Business Development Bank of Canada and EDC are getting the terms of the loan programs together.
Most of it could have been done safely, says Jay White, president of the Alberta Society of Professional Biologists.
Will be folded into other departments or the current Emissions Reduction Alberta.
$23.3 billion to be invested in Canada this year, down from about $37 billion in a January forecast.
FCL says about 200 replacement workers and 350 managers are keeping the plant running.
OTTAWA — Representatives from Canada’s oilpatch said May 28 they don’t know of a single energy company that has yet benefited from any of Ottawa’s pandemic-inspired loan programs and many think the cost to access them is too high. Finance…
Review found some decisions on whether to allow an oil and gas project to proceed took too long.
Husky CEO says supply and demand will collide “in a very messy way” this quarter.
More producers join a growing list of companies reducing spending and cutting production.
Kevin Neveu of Precision Drilling says spending on oil and gas exploration will fall even further from already-depressed levels because of pricing signals.
Drop in West Texas Intermediate near-month contract prices below negative US$37 per barrel is due to unique circumstances.