Canadian Oil

• Canadian oilpatch likely to surpass 2022’s production record, but not by much

  In Alberta alone, over the first 10 months of 2022, crude production averaged 3.7 million barrels per day — an all-time record thanks to surging global demand.

  Economy

  Dec 27, 2022
  
• Judge sides with Enbridge in Michigan’s latest effort to halt Line 5 pipeline

  A Michigan judge has ruled in favour of Enbridge Inc. in its long-standing dispute with the state over the Line 5 cross-border pipeline.

  Canada

  Aug 18, 2022
  
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• Keystone pipeline operating at reduced rate due to damaged power supply in South Dakota

  TC Energy said it was made aware Sunday of a non-operation incident resulting from third-party damage to the power supply at a facility on the Keystone Pipeline System.

  Canada

  Jul 18, 2022
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• Canada must slash emissions by 42% to hit new 2030 targets, climate plan says

  The emissions reduction plan that Guilbeault tabled in the House of Commons Tuesday is projecting that electricity emissions will be almost zero by the end of the decade.

  Canada

  Mar 29, 2022
• Canada’s plan to boost oil exports won’t affect climate goals: government source

  Canada on Thursday will outline plans to increase oil exports to help alleviate the tight global market following Russia's invasion of Ukraine.

  Economy

  Mar 23, 2022
• As world scrambles for oil, Canadian producers reluctant to spend on growth

  'These geopolitical situations, as fast as (price) goes up, as fast it can go down,' CNRL president Tim McKay said. 'It's very volatile, so you have to manage to those cycles.'

  Money

  Mar 3, 2022
• Canada has replacements for Line 5 if pipeline shuts down, report says

   A new report by a Canadian environmental group says alternatives to Line 5 already exist if the controversial cross-border pipeline gets shut down.

  Canada

  Feb 16, 2022
• Shortage of rig workers could slow Canadian oilpatch recovery, industry warns

  Experienced energy workers who left due to the pandemic or an oil price crash-related layoff aren't necessarily going to be enticed back by a paycheque, said an industry insider.

  Economy

  Oct 13, 2021
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• One year after crude turned negative, oilpatch relishes first quarter profit outlook

  WTI daily spot prices have averaged US$60.46 per barrel so far in the second quarter, up from US$58.13 in the first quarter.

  Economy

  Apr 18, 2021
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• U.S. analysts brace for more oil by rail as debate continues over cross-border pipelines

  It would take an oil-by-rail calamity of a scale comparable to the 2013 Lac-Megantic disaster in Quebec before Americans wake up to the dangers, U.S. rail safety analysts say.

  Canada

  Mar 7, 2021