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Oil shippers demand explanation from Trans Mountain for massive pipeline cost overrunsA group of oil shippers is seeking a detailed breakdown of the construction costs for the Trans Mountain pipeline expansion, which has ballooned four times its original estimate.CanadaMar 14
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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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Fort McKay First Nation and Suncor sign MOU on future oilsands developmentFort McKay First Nation and Suncor Energy are partnering on a prospective oilsands lease development on reserve lands. The chief calls it "the true meaning of reconciliation."EconomyMar 7
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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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Imperial Oil breaking production records as industry awaits Trans Mountain completionAs Canada's energy sector ramps up for the anticipated start-up of the expanded Trans Mountain pipeline, Imperial Oil reported its highest production levels in over 30 years.ConsumerFeb 2
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U.S. Department of Justice preparing legal brief as both sides appeal Line 5 decisionThe U.S. government has been asked to explain how a 1977 energy treaty with Canada would impact efforts to shut down the Line 5 cross-border pipeline.CanadaJan 22
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Alberta oil production hits all-time record as producers ramp up for Trans Mountain completionThe Alberta Energy Regulator says crude oil production in the province rose by 8.8 per cent in November to a new historic high of 4.2 million barrels per day.EconomyJan 16
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Pathways Alliance increasingly confident $16.5B carbon capture project will go aheadPathways president Kendall Dilling says he feels more confident than he did a year ago, adding the group is preparing to file for regulatory approval within the next few months.EnvironmentNov 27, 2023
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Indigenous rights collide with $35B Western Canada pipeline expansionAlready tens of billions over budget, a dispute over a 1.3-km stretch of construction is standing in the way of the completion of the 1,147-km Trans Mountain pipeline expansion.EnvironmentNov 22, 2023
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Outlook for oil and gas sector ‘exceedingly strong’ in 2024: Precision DrillingPrecision Drilling Corp. reported a third-quarter profit of $19.8 million, down from $30.7 million a year earlier, as its revenue edged higher.EconomyOct 26, 2023
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