Oil And Gas
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Imperial Oil churning out more diesel, jet fuel as Mideast war drives up pricesThe war in the Middle East has all but halted oil shipments out of the Persian Gulf, making fuel products derived from crude more expensive and, in some parts of the world, scarce.EconomyMay 1
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Oilsands have strong growth potential, but pipeline constraints loom: Enverus'Given the historically long lead times for greenfield pipeline projects, we believe it is prudent to begin that planning and permitting process now.'MoneyApr 21
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Energy industry losing confidence new pipeline will be deemed a national priority: Survey'Start building, or better yet just get out of the way of industry. We need to see clear and concise direction from the feds that will support new projects and expedite them.'CanadaApr 16
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Trump signs several pipeline permits to facilitate Canada-U.S. oil transportThe permits issued to Enbridge include one for construction of new pipeline infrastructure and others for existing pipelines at border locations in North Dakota and Michigan.EconomyApr 15
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Drive less and work from home as Iran energy shock bites, EU official urgesThe EU is asking its member states to implement the International Energy Agency’s 10-point plan to reduce global demand for oil, Dan Jørgensen, the EU’s energy commissioner said.EconomyApr 2
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Price surge from Trans Mountain expansion highlights need for new pipelines: MEIThe average price-gap between light U.S. and heavy Alberta crude blends narrowed by 37.5 per cent between 18-month lead-up to TMXs completion and the 18 months that followed.CanadaMar 26
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Boosting oil production could ramp up Canada’s GDP and jobs, study suggestsCanada may have the ability to substantially raise its GDP and add thousands of new jobs by building more oil pipeline infrastructure, a new study suggests.CanadaMar 20
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Iran threatens recreational, tourist sites worldwide as war rages onThe Mina Al-Ahmadi refinery in Kuwait, which can process some 730,000 barrels of oil per day, is one of the largest in the Middle East.WorldMar 20
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Trump threatens to ‘massively blow up’ world’s largest natural gas fieldThe strikes, in retaliation for an Israeli attack on a key Iranian gas field, sent fuel prices soaring and risked drawing Iran’s Arab neighbours directly into the conflict.WorldMar 19
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Carney climate plan at risk as Canadian oil companies stress need to boost productionA key plank of Canadian Prime Minister Mark Carney's climate plan is unlikely to hit its implementation date, raising new doubts about Canada meeting its climate change goals.EnvironmentMar 18
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