Canada
News
September 16, 2019
Alberta Premier Jason Kenney says it’s likely his government will allow oil producers to exceed their provincially imposed output caps if they can ship those extra barrels by rail.
News
September 05, 2019
In line with its continued investments in high-end imaging technology, supercomputing capacity and digitalization, CGG will employ its FWI and least-squares migration algorithms over the entire survey area of more than 10,000 km².
News
August 29, 2019
Enbridge’s proposed shift to long-term crude shipping contracts on its Mainline pipeline network is drawing the ire of a growing number of producers, and now Canada’s energy regulator is getting involved, which could delay the process.
News
August 20, 2019
Hong Kong billionaire Li Ka-shing’s oil sands investment is hurting -- and some analysts are calling on him to stop the bleeding.
News
August 19, 2019
“The nature and frequency of these incidents in our offshore area are obviously concerning,” said Scott Tessier, CEO of the Canada - Newfoundland & Labrador Offshore Petroleum Board.
News
August 19, 2019
Husky Energy announced it will resume production from the remaining two drill centers shut in following a November 2018 oil spill offshore Newfoundland and Labrador.
News
August 16, 2019
The Canada-Newfoundland and Labrador Offshore Petroleum Board issued approval to Hibernia Management and Development Company Ltd. to resume production operations at the Hibernia platform.
News
August 15, 2019
The days when energy stocks and the price of oil moved in lockstep are now few and far between. Oil may go up but stocks still fall, and in Canada it’s the worst divergence on record.
News
March 07, 2018
Rail companies will start shipping more western Canadian crude by mid-year, helping clear a glut that’s devastated prices, Cenovus Energy Inc. CEO Alex Pourbaix said in an interview.
News
March 07, 2018
The Oilfield Technology Group (OTG) of Hexion Inc. today announced the completion of its resin-coated proppant manufacturing plant expansion in Canada.
News
March 05, 2018
Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency's latest annual report on oil markets.
News
March 05, 2018
The threat of American tariffs on Canadian steel sent shivers through the northern nation’s oil industry, sparking fears of higher costs for everything from pipelines to drilling equipment.
News
March 01, 2018
Foreign direct investment into Canada plunged last year to the lowest since 2010, hampered by an exodus of capital from the nation’s oil sector and worries about the fate of the North American Free Trade Agreement.
News
February 28, 2018
Canadian business investment is being weighed down for a fourth straight year by weakness in Alberta’s energy industry.
News
February 21, 2018
Canada’s energy companies can’t get any love, even from many Canadians.
News
February 20, 2018
Trinidad Drilling Ltd., which provides contract drilling services in North America and the Middle East, is considering selling itself as years of slumping drilling activity in Canada weighs on revenue.
News
February 15, 2018
Cenovus Energy Inc. CEO Alex Pourbaix said the oil-sands producer will consider selling more of its holdings in Alberta’s Deep basin -- but not exiting the play entirely -- to speed up efforts to repair its balance sheet.
News
February 15, 2018
A shortage of rail cars in Canada is leaving grain and oil shipments stranded on the prairies, sending crude prices plummeting and leaving farmers in a cash crunch.
News
February 15, 2018
While TransCanada Corp. continues to weigh whether to build its long-delayed Keystone XL oil pipeline, the company announced another major expansion of its natural gas system in Alberta.
News
February 14, 2018
Following its successful Annual General Meeting (AGM) held yesterday, the Newfoundland and Labrador Oil & Gas Industries Association, Noia, states the Association will continue to seek clarity on proposed environmental assessment legislation announced by the federal government on Feb. 8, 2018.
News
February 09, 2018
Cenovus Energy Inc. is deeply saddened to report that there has been a fatality at the company’s Christina Lake oil sands site, which is located about 350 km northeast of Edmonton.
