Canada

Policy & Regulations

Canada’s Top Court Rules Federal Carbon Pricing is Legal

Provinces had challenged central pillar of Trudeau’s climate plan.

March 25, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 24, 2021

Here’s a snapshot of recent energy deals including Oasis Petroleum’s $510 million midstream deal plus the acquisition of a Pioneer Natural Resources oilfield service subsidiary by oil mogul George Kaiser.

March 24, 2021

Business , Trends , Mergers

Canadian Oil Patch Braces for More M&A Activity after Record Start to 2021

The flurry of M&A deals underscores the Canadian energy sector’s desire to grow to benefit from the rebound in oil prices as global fuel demand picks up. It also reflects smaller companies betting on economies of scale.

March 23, 2021

Energy Transition

Canada Predicts Oil Province Alberta Will Lead Growth in Renewables

By 2023, 26% of Alberta’s electricity capacity will come from renewable sources, up from 16% in 2017.

March 23, 2021

Private Equity , Investment , Emissions , Technology

Suncor Energy Invests in Carbon Capture Technology Company Svante

Svante has now attracted more than $175 million in total funding since it was founded in 2007.

March 19, 2021

International , Construction , Pipelines

Enbridge Asks Canadian Government for Support in Line 5 Dispute

Enbridge wants Ottawa to back is court filings against efforts by the State of Michigan to shut down the oil pipeline.

March 17, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 17, 2021

Here’s a snapshot of recent energy deals including the closing of the $465 million acquisition of Williston Basin private operator Bruin E&P by Enerplus plus a merger agreement between Houston-based oilfield services provider Frank’s International and Expro Group.

March 17, 2021

Exploration & Production , Policy & Regulations , Energy Transition , Technology

Germany, Canada Agree to Explore Green Hydrogen Development

Germany and Canada agreed on March 16 to explore the joint development of green hydrogen from Canadian hydroelectric power for export to Germany.

March 17, 2021

Business , Health, Safety & Environment , Emissions

BMO Sets Net-zero Emissions Target, Cautions Against ‘Abrupt’ Change

BMO will set an intermediate target of net-zero emissions for 2030, and is also targeting a 30% reduction in greenhouse gas emissions in its operations by 2030 from a 2019 baseline, Canada’s fourth-largest lender said in a statement.

March 10, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 10, 2021

Here’s a snapshot of recent energy deals including the closing of Riley Exploration Permian’s all-stock merger with Tengasco plus Chevron’s $1.32 billion buyout of Noble Midstream.

March 10, 2021