oil
Noise makes Trans Mountain pipeline bid unlikely: Pembina CEO
Strategy is to get Western Canada’s hydrocarbons to the highest price markets but he wants to avoid exposure in news articles.
Alberta oil curtailment extended to late 2020 as pipeline delays persist
Enbridge’s Line 3 Replacement project to the US Midwestis held up by permitting issues and legal wrangling in Minnesota.
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Pembina buying Kinder Morgan Canada, US portion of Cochin pipeline
Deal includes an Edmonton storage and terminal business and Vancouver Wharves.
Husky Energy shares rise on report about potential privatization
RBC Dominion Securities analyst says near-15-year-low share prices make it attractive.
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Canada well placed to meet world’s growing energy demands
Ranks as a responsible supplier compared to most other major oil and gas exporting nations.
Oil sands CEOs take federal election message to voters
Newspaper ads ask readers to call on “leaders of all political stripes” to lend their support to the energy industry.
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Dramatic drop in capital expenditures threatens Canada’s prosperity
It’s the major source of productivity growth and higher standards of living in developed countries.
French refinery outage slows Q2 production for Vermilion Energy
Temporarily shut down due to a pipeline interruption that left it without sufficient feedstock.
Suncor posts $2.73B income on Alberta tax recovery, higher oil output
Earnings were buoyed by a one-time deferred tax recovery of $1.12 billion associated with corporate income tax rate cut of 1%.
Cardinal Energy cleaning up 320,000 litres of oil and produced water
Problem with pump equipment, regulator says no wildlife has been affected.
Kinder Morgan income falls despite rise in pipeline, terminals revenue
Earnings boosted by the gain on the sale of controversial pipeline expansion to federal government.
Crude producers cautious, despite expected stronger oil prices
Volatility blamed on pipeline capacity failing to match growing oil sands output, and production limits.
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Cenovus produces one billionth barrel from thermal oil sands operations
Comes 18 years after Foster Creek facility was launched as the first commercial oil sands project to use steam-assisted gravity drainage.
Legault at odds with Alberta, Saskatchewan over Energy East pipeline
But Quebec is backing one major issue with some of the other provinces – opposition of the federal carbon tax.
Oil producers call for oil eased curtailment for rail commitments
Would result in Alberta producers getting better prices for higher volumes of oil.
