Alberta
News
June 29, 2015
Canada’s oil sands producers are prepared to take a greater leadership role on climate action as part of the growing global intention to reduce greenhouse gas emissions, the Canadian Association of Petroleum Producers (CAPP) said.
News
June 29, 2015
The Alberta government should consider four principles to make the province more competitive for of oil and gas investment as it proceeds with its royalty review, the Canadian Association of Petroleum Producers said Friday.
News
June 18, 2015
Canadian Natural Resources, the nation’s largest heavy oil producer, is considering a shift in investment away from Alberta as the province plans to increase corporate taxes and review royalties.
News
June 16, 2015
Exxon Mobil Corp. announced Tuesday that production at its Kearl oil sands expansion project in Alberta, Canada, started ahead of schedule and is expected to double overall capacity to 220,000 bpd of bitumen.
News
June 16, 2015
Maxxam Analytics and Analysts, Inc. are jointly opening a new testing facility in Edmonton, Alberta which provides lubricant and oil analysis services commencing a global expansion of oil condition monitoring (OCM) services for parent company, Bureau Veritas.
News
June 11, 2015
Caterpillar Oil & Gas has outfitted a well stimulation trailer for Propell Oilfield Equipment with all Cat components for the first time in its noted history.
News
June 10, 2015
Recognizing that evolution in the oil and gas industry, especially during times of low oil prices, is driven by technology innovation and leadership, the Global Petroleum Show (GPS) has embarked on a new effort to recognize these achievements. Accordingly, the first-ever GPS Awards event was held on Tuesday at the Stampede show grounds in Calgary.
News
June 09, 2015
Compact Compression Inc. is announcing the commercial roll out of the Hydraulic Casing Gas (HCG) line of Solution Gas compressors.
News
June 05, 2015
Cenovus Energy Inc. has agreed to purchase Canexus Corporation's North American Terminal Operations (NATO), a crude-by-rail trans-loading facility, for $75 million, subject to adjustments.
News
June 04, 2015
An Alberta wildfire that shut 10% of Canada’s oil sands production won’t be contained for three days as Canadian Natural Resources Ltd. ramped up production at its Kirby South site.
News
June 02, 2015
Companies in Alberta prepared to return to work as rain eased a wildfire that prompted the shutdown of 10% of Canada’s oil sands production.
News
June 01, 2015
ConocoPhillips achieved a significant milestone at its Surmont oil sands project in Canada with the on-schedule start of first steam at phase 2 on May 29.
News
May 28, 2015
Northern Alberta firefighters are battling a wildfire that has moved within 5 km of Cenovus Energy Inc’s oil sands operations.
News
May 27, 2015
Cenovus Energy Inc. has announced that four Cenovus executives have made the decision to retire. Their transitions off the executive team will begin at different times over the course of 2015.
News
May 27, 2015
Wildfires in northern Alberta kept about 10% of Canada’s oil sands production offline for a third day as Bank of America Corp. warned the blazes may slow the economy.
News
May 22, 2015
With a global oversupply of crude and ever-changing price environment, the crude oil supply chain between the U.S. and Canada has reacted quickly to rebalance supply and demand by moving U.S. crude north to the Canadian East coast, adding new infrastructure to de-bottleneck oil sand storage hubs, and conducting maintenance at Canadian oil sands production facilities, according to Genscape analysis.
News
May 22, 2015
Husky Energy has started commercial steam operations at the 10,000 bpd provider, Rush Lake heavy oil thermal project in Saskatchewan, approximately eight weeks ahead of schedule.
News
May 21, 2015
Canadian Pacific Railway Ltd. cut its forecast for moving crude by rail for a second time in four months because of production delays and lower demand for the commodity.
This year’s total will probably be 100,000 to 140,000 carloads, Chief Operating Officer Keith Creel said Wednesday. Canadian Pacific had forecast 140,000 in January, a reduction from its original outlook of 200,000.
News
May 21, 2015
Canada’s oil sands industry faces an equal risk from its reputation as an environmental laggard, as from high operating costs, industry observers said.
The failure to win approval for pipelines like TransCanada Corp.’s Keystone XL and Enbridge Inc.’s Northern Gateway is tied to concerns about carbon emissions with oil production, Ed Whittingham, executive director of the Pembina Institute, said at the Bloomberg Economic Series Canada summit in Toronto. “The oil sands feeds into concern about the climate,” he said. “The primary driving concern is climate.”
News
May 15, 2015
An indication that crude’s recent rally has further to run can be found in the northern forests of Alberta, where companies are paying the most in eight years to lease land for oil sands development.
News
May 05, 2015
Heavy Western Canadian Select crude’s discount to West Texas Intermediate shrank to the least since 2012 as a new pipeline started and production sites were shut for maintenance.
