Canada

Execs: More North American Collaboration Possible, But There are Hurdles

Executives active in the North American oil and gas industry said greater collaboration between Canada, Mexico and the U.S. was possible and could be a model on the global scale, but short-term challenges abound as commodity prices remain low, supply and demand continue to shift and regulatory uncertainty persists in the U.S. and Mexico.

October 5, 2015

LNG Exports Could Spawn Domestic Petchem Growth, Canadian Researchers Say

Breaking into the global liquefied natural gas (LNG) trade would spin off a renaissance in petrochemical manufacturing, according to the Canadian Energy Research Institute (CERI).

September 18, 2015

NEB OKs Import/Export Licenses For Repsol’s Atlantic Coast LNG Project

A new path overseas is taking shape through Canada for shale gas from the United States, the National Energy Board (NEB) acknowledged in granting an Atlantic coast liquefied natural gas (LNG) trading license.

September 14, 2015

Canada’s NEB OKs Two East Coast LNG Exporters

Canada’s National Energy Board (NEB) last week granted import/export licenses to two liquefied natural gas (LNG) terminal projects. Separately, backers of Goldboro LNG and Bear Head LNG received approvals to send liquefied U.S. and Canadian gas to world markets.

August 17, 2015
U.S. Drops Two Rigs Overall as Oil-Focused Count Gains Five

U.S. Drops Two Rigs Overall as Oil-Focused Count Gains Five

In a bit of a twist from recent weekly rig count reports from Baker Hughes Inc., the latest tally shows that three U.S. rigs returned to the offshore while six left activity on land. Overall, the total U.S. count fell by two in the report issued Friday (July 31). However, Canada added 15 rigs for a net North America gain of 13.

July 31, 2015
Shell, Asian Partners Seek Canadian ‘Super-Permit’ For LNG Exports

Shell, Asian Partners Seek Canadian ‘Super-Permit’ For LNG Exports

An international liquefied natural gas (LNG) scheme led by Shell has stepped forward as the first candidate for newly available extended Canadian export licenses with a lifespan of 40 years.

July 6, 2015
Shell, Asian Partners Seek Canadian ‘Super-Permit’ For LNG Exports

Shell, Asian Partners Seek Canadian ‘Super-Permit’ For LNG Exports

An international liquefied natural gas scheme led by Shell has stepped forward as the first candidate for newly available extended Canadian export licenses…

July 6, 2015

Cenovus Sells Western Canada Oil, NatGas Royalties Unit For Financial Wiggle Room

The Ontario Teachers Pension Plan has agreed to pay Cenovus Energy Inc. C$3.3 billion to buy a portfolio of oil and natural gas royalty lands in Western Canada.

July 1, 2015

Cenovus Sells Western Canada Oil, NatGas Royalties Unit For Financial Wiggle Room

The Ontario Teachers Pension Plan has agreed to pay Cenovus Energy Inc. C$3.3 billion to buy a portfolio of oil and natural gas royalty lands in Western Canada.

July 1, 2015

Liquids Output From Western Canada Unconventionals Poised to Surge

Western Canada's onshore plays yield comparable results to key liquids-heavy producing regions in the Lower 48 states, a positive sign once prices strengthen and demand for oilsands diluent grows, Wood Mackenzie Ltd. is estimating.

June 24, 2015