Trans Mountain Oil Pipeline Expansion May Start In September
Once complete, the project will triple the capacity of Trans Mountain, which carries crude from Alberta's oil sands to British Columbia's Pacific Coast.
June 20, 2019
Canada
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
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
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
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
Minnesota Court Rejects Environmental Assessment For Enbridge Pipeline
A Minnesota court ruled on Monday that Enbridge Inc.’s environmental impact statement for replacement of its Line 3 oil pipeline is inadequate, raising the possibility of further delays.
June 3, 2019
Canadian Natural Resources To Temporarily Shut In Oil Production Due To Wildfires
Oil and gas producer Canadian Natural Resources Ltd. said on Friday it would temporarily shut-in about 65,000 barrels per day (bbl/d) of crude oil production due to forest fires in Alberta.
June 1, 2019
Steep Prices Holding Back Oil Sands
Project costs have declined in western Canada but production growth is still expected to lag.
May 30, 2019
Devon Energy Kicks Off Transformation With $2.8 Billion Canada Exit
Devon Energy agreed to sell its Canadian business to Canadian Natural Resources, knocking out a target in the Oklahoma City-based independent energy company’s planned transformation.
May 29, 2019