The Canadian oil and gas sector is in a holding pattern in which spending and production growth can’t occur until new ways to get products to export markets are found, according to CIBC analyst Jon Morrison. Continue reading
An explosion Tuesday knocked out a 91-centimetre line and another pipeline is supplying natural gas on a reduced basis. Continue reading
Alberta Premier Rachel Notley made her comments while rebutting a speech made earlier in the day by environmental activist Tzeporah Berman. Continue reading
The NEB is reconsidering parts of Trans Mountain’s application related to marine shipping after a Federal Court of Appeal ruling earlier this year. Continue reading
Discounts on Canadian crude oil widened to multi-year highs on Wednesday as oil and gas executives took turns at a conference pointing out Canada’s competitiveness gap in attracting energy investors. Continue reading
Two of Canada’s largest oil and gas drillers have agreed to combine in a deal worth about $1.03 billion, positioning them to have the third-largest contract drilling fleet in the United States. Continue reading
The approval of Canada’s first LNG export terminal is expected to boost investor confidence in Canada’s natural gas sector, industry observers say. Continue reading
Both have been watching the pipeline debate unfold and say the only path forward is together. Continue reading
In a statement issued Sunday afternoon, Husky says the proposed merger “will create a stronger Canadian energy company.” Continue reading
Cenovus said the deals will allow it to go around clogged pipelines that are linked to multi-year high discounts in prices for Canadian heavy oil versus New York-traded benchmark crude. Continue reading
