Canada
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 20, 2015
British Columbia and a group of companies led by Malaysia’s Petroliam Nasional Bhd. reached a preliminary deal on taxes and royalties for a proposed C$36 billion ($30 billion) liquefied natural gas project.
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 13, 2015
An aboriginal group along Canada’s Pacific Coast turned down Petroliam Nasional Bhd.’s offer of C$319,000 ($267,000) for each member as compensation for building a natural gas export terminal on ancestral lands.
News
May 12, 2015
TGS has announced two new multi-client 2D surveys offshore Eastern Canada, with plans to acquire approximately 30,000 km of seismic data. Both surveys are in partnership with PGS, utilizing two vessels during the 2015 acquisition season.
News
May 11, 2015
Exxon Mobil Corp. announced Monday that bitumen production began on schedule at the $2-billion Cold Lake Nabiye project expansion in northeastern Alberta, Canada.
News
May 11, 2015
Canada’s National Energy Board (NEB) has approved the application of WesPac Midstream - Vancouver LLC (WesPac) for a 25 year natural gas export license with a maximum term quantity of 116.44 Bcm. The issuance of this license is subject to the approval of the Governor in Council.
News
May 07, 2015
Canadian Natural Resources Ltd., the nation’s largest heavy-oil producer, reported its first quarterly loss in more than four years as record output failed to offset a collapse in crude prices.
News
May 05, 2015
A variety of Canadian officials and industry analysts painted a hopeful picture of their country’s upstream market at an OTC Industry Breakfast session.
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.
News
May 01, 2015
The huge gas resource base in North America offers significant potential for LNG exports, but currently it is the U.S., not Canada, that is building an LNG export industry, according to Wood Mackenzie’s latest analysis.
News
April 23, 2015
Fluor Corporation was awarded an engineering, procurement, fabrication and construction (EPFC) contract by Suncor Energy Oil Sands Limited Partnership for a tank farm development project in the Athabasca oil sands region in Alberta, Canada.
News
April 22, 2015
ShaleTech Canada opened in the Tellus Conference Centre in Calgary with speakers emphasizing export of Canadian resources and know-how, with Canada playing an important role in the North America energy Renaissance.
News
January 29, 2015
ShaleTech Canada 2015 is the premier event for professionals working in the shale oil and gas industry in Canada, which is the world's fifth-largest oil producer.
News
December 16, 2014
HOUSTON -- Bear Head LNG Corporation and Bear Head LNG (USA), both indirect wholly-owned subsidiaries of Liquefied Natural Gas Limited (LNGL), have filed an application with the U.S. Department of Energy (DOE) for authorization to export natural gas to Canada for a 25-year period.
