Canada Set To Approve Trans Mountain Pipeline Expansion: Sources
Canada looks set to approve the hotly debated plan to expand an oil pipeline this week, people familiar with the process told Reuters.
June 16, 2019
Canada
On The Move: New Hires, Appointments, Promotions
The latest new hires, appointments and promotions as well as new company office and facility locations and major mergers and acquisitions.
June 16, 2019
Canadian Oil Output Growth Forecast Halved To 1.4% Annually
Canada holds the world's third-largest crude reserves but its energy industry has struggled to recover from the 2014/15 global oil price crash.
June 14, 2019
Range-bound Prices Threaten Oil Producers In 2019 And Beyond
Moody’s found that as a group the 40 oil and gas companies it reviewed generated free cash flow for the first time in 2018, indicating an enhanced ability by E&Ps to tolerate lower commodity prices.
June 13, 2019
Alberta Government In Talks About Offloading Crude-By-Rail Contracts
Newly elected premier says deals are bad for taxpayers.
June 12, 2019
Relationship Building Is Key To Trans Mountain Expansion
Decision on the $7.4 billion project is expected next week.
June 11, 2019
Poland Confirms Partial Resumption Of Clean Oil Supply From Russia
Polish pipeline operator PERN confirmed that clean oil supplies from Russia had been partially restored on June 9 after Russia's oil export flows to Europe were disrupted in April because of contamination.
June 9, 2019
Canadian Oil Pipeline Congestion Sets Up Lucrative Storage Play
Upheavals in the Canadian crude market are providing unique opportunities for firms with sizeable long-term leases on Alberta storage tanks, a cluster that sources say includes Mercuria Energy Group and oil major BP Plc's trading arm.
June 9, 2019
Canada Senate Passes Major Project Assessment Bill With Heavy Amendments
he Canadian Senate has approved legislation aimed at changing the way major projects such as oil pipelines are assessed, with more than 180 amendments that were welcomed by the government of Canada's main crude-producing province Alberta.
June 8, 2019
A&D Transactions From The Week Of June 5, 2019
Here’s a snapshot of energy deals from the past week including a U.K. North Sea exit from another oil major plus the closing of Murphy Oil’s multibillion-dollar deepwater acquisition.
June 5, 2019