Oil And Gas
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Pipeline shortages to return soon after Trans Mountain expansion comes onlineCanada's oil industry will have reason to celebrate when the Trans Mountain pipeline expansion comes online. But the party may be short-lived.EconomyMar 11
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First Nations want feds to let them use oil and gas cleanup funds not spent by Alberta governmentThe First Nation chiefs spoke at a news conference west of Edmonton on Monday.EnvironmentMar 11
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Alberta rural municipalities say $43M in oil and gas industry taxes went unpaid last yearSome energy companies are still failing to pay millions of dollars in taxes, says a survey released this week by the Rural Municipalities of Alberta.PoliticsFeb 28
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CAPP forecasts slight increase in Canadian oil and gas capital spending in 2024The industry group representing Canada's oil and gas producers says capital investment in the sector will edge slightly higher in 2024.EconomyFeb 27
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Crude-by-rail shipments jumped in last half of 2023 as Alberta’s oil output growsWhen the Trans Mountain pipeline expansion begins shipping oil, the recent increase in crude-by-rail shipments should reverse, said BMO Capital Markets analyst Ben Pham.EconomyFeb 26
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Chord Energy signs deal worth about US$3.8B to buy EnerplusEnerplus Corp. has signed a deal to be acquired by U.S. company Chord Energy Corp. in a stock-and-cash deal worth about US$3.8 billion.MoneyFeb 22
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Cenovus reports 2nd-highest quarterly production ever, driven by oilsandsCenovus Energy Inc. reported a fourth-quarter of $743 million, down from $784 million a year earlier, as its revenue also edged lower.MoneyFeb 15
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Precision Drilling reports $146M Q4 profitPrecision Drilling Corp. says it earned $146.7 million in its latest quarter, up from a profit of $3.5 million a year earlier, as its revenue edged lower.EconomyFeb 6
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Biden’s move to pause U.S. LNG approvals dismays Canadian energy producersCanada's energy industry is reacting with dismay to U.S. president Joe Biden's move to pause approvals of new liquefied natural gas (LNG) export terminals in that country.CanadaJan 26
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B.C. odour incidents spark questions around corporate ethics and communicationVancouver resident Robert Ford was heading to a yoga class Sunday morning when he smelled an odour he likened to "semi-burnt fuel."EnvironmentJan 25
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