Canada

Pipelines

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

Infrastructure , Pipelines

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

Exploration & Production , Markets , Transactions

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

Infrastructure , Rail

Alberta Government In Talks About Offloading Crude-By-Rail Contracts

Newly elected premier says deals are bad for taxpayers.

June 12, 2019

Infrastructure , Construction , Pipelines

Relationship Building Is Key To Trans Mountain Expansion

Decision on the $7.4 billion project is expected next week.

June 11, 2019

Storage

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

Infrastructure , Pipelines

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

Conventional , Crude Oil

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

Investment , Crude Oil , Midstream

Steep Prices Holding Back Oil Sands

Project costs have declined in western Canada but production growth is still expected to lag.

May 30, 2019

Public Capital , Heavy Oil , Shale Plays , Acquisitions & Divestitures

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