oil
TC Energy enlists Alberta to help finish US$8B Keystone XL project
Province has agreed to invest about $1.5 billion as equity in the pipeline.
Big energy’s interest in renewable energy investments expected to waver
Report says that won’t likely slow overall investment; fossil fuel players weren’t putting much money into it anyway.
COVID-19 scare at oil sands work camp tests businesses’ plans
Possible virus case shows Civeo’s safety protocols at Suncor Energy base camp work.
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Suncor cuts $1.5B from budget to cope with low oil prices, virus impact
Cuts follow billions in spending reductions by other major oil sands players.
Precision Drilling moves to cut costs and capital spending plan
Lowering to $48 million, compared with earlier expectations for $95 million.
Pembina Pipeline cuts capital spending plan by up to $1.1B
Anticipating a revised 2020 capital budget of between $1.2 billion and $1.4 billion.
Spring breakup slowdown offers needed pause for hard hit drilling industry
Drilling will be reduced even more than usual: 31% decline forecast for average working rig count in Canada for the rest of 2020.
TC Energy starts US prep work for Keystone XL pipeline
Clearing a path through US states along the pipeline’s 1,930-kilometre route to begin soon.
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Cenovus cuts 2020 capital spending plan, lowers production guidance
Now plans up to $1 billion this year, down from earlier plans for between $1.3 billion and $1.5 billion.
CPP investment CEO bullish on oil despite price crash, emissions debate
He cites demand for fossil fuels, which is expected to remain strong for many years.
All options on table to fight oil price collapse: Kenny
Alberta premier says province’s ability to continue contributing to federal taxes is now at risk.
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Most Canadians unhappy with Trudeau’s handling of blockade crisis: poll
Respondents are split on whether the Coastal GasLink pipeline project should be stopped permanently or paused temporarily to negotiate further with Indigenous leaders.
New coronavirus stifling oil and gas economy: Kenny
Industry sideswiped as it works on efficiencies and reducing emissions, while the government focuses on job creation.
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Alberta company says it regrets Greta Thunberg decal
Image unleashes outrage after it began circulating online, prompting condemnations from Alberta Premier Jason Kenney.
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Few approved oil sands projects stand to be built in near term: analysts
Output could grow by as much as 1.3 million bpd but more capacity for transport needed.
