The government of Alberta, Canada's main oil-producing province, on Oct. 9 took the first steps towards establishing its so-called 'energy war room' aimed at boosting the image of the oil and gas industry.
Shipments of Canadian crude from the U.S. Gulf Coast since May have more than doubled all of 2018's exports as Asian refiners scramble for heavy sour oil, according to vessel-tracking data, traders and industry sources.
A Canadian court on Sept. 24 temporarily blocked legislation enabling the province of Alberta to restrict oil and gas flows to British Columbia, saying the constitutionality of the measure would be decided at a later trial.
Encana made changes to its executive leadership team on Sept. 10, including the promotion of Michael McAllister to president and Greg Givens to COO.
Encana edged past estimates for quarterly profit on July 31, helped by increased shale oil production in the Anadarko and Permian basins.
The Trans Mountain expansion is opposed by some indigenous groups but supported by others, who see it as a chance for indigenous people to benefit from Canada’s resources.