Canada
News
June 11, 2015
Cenovus Energy has returned to normal operations at its Foster Creek oil sands project in northern Alberta after a forest fire on the Cold Lake Air Weapons Range (CLAWR) led to the precautionary shutdown of the operation on May 23 for 11 full days.
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
The Canadian Association of Petroleum Producers (CAPP) cut its 2030 oil production forecast by 17% as capital expenditures slipped after crude prices tumbled.
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
June 01, 2015
International oil and gas operator, TAG Oil Ltd. is pleased to announce the appointment of Toby Pierce as CEO and a director of TAG Oil, effective immediately.
News
June 01, 2015
A Canadian law requiring mining and energy companies to publicize payments made in foreign countries is now in force, Natural Resources Minister Greg Rickford says.
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
Pieridae Energy (Canada) Ltd. has announced that the Department of Energy of the U.S. has granted Pieridae Energy (U.S.) Ltd. long-term multi-contract authorization to export natural gas to Canada for end use in Canada and to export LNG produced from such natural gas from Canada to countries with which the U.S. has entered into a free trade agreement requiring national treatment for trade in natural gas (FTA countries).
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 26, 2015
Canadian Natural Resources Ltd. reduced production from its Kirby South oil-sands operation in Alberta, raising the amount of production brought offline because of a nearby forest fire to the 233,000 bpd facility.
News
May 25, 2015
Alberta forest fires have prompted the shutdown of about 9% of Canada’s oil sands production.
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.”
