A cross-section of Canadian producer and contractor firms deepened 2020 capital spending cuts Monday in response to the worsening fossil fuel market outlook caused by the Covid-19 virus pandemic.
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After standing aside during 17 days of fruitless truce talks, police Monday took down an Ontario railway blockade that Eastern Canadian native rights crusaders erected to support western tribal protest against the Coastal GasLink natural gas pipeline project.
Just as midstream companies are leaving no stone unturned in their efforts to alleviate oil and natural gas pipeline bottlenecks in the Permian Basin, Enbridge Inc. is looking to repurpose one of its diluent pipelines to offer relief to the oil takeaway problem in Western Canada.
Oil shippers would open space in plugged Canadian export pipelines, currently running at 98% capcity, by improving the quality of their product, the National Energy Board (NEB) said.
Despite congested pipelines and record U.S. production, Canadian oil exports to the Lower 48 increased 8% to 3.6 million b/d in 2018, according to National Energy Board (NEB) records.
Tulsa-based SemGroup Corp. has teamed up with KKR & Co. to buy into liquids-rich growth spots in Alberta and British Columbia (BC) shales, announcing on Thursday a takeover of the Calgary processing and pipeline firm, Meritage Midstream.
Canada’s top oil and natural gas companies on Monday launched a national appeal for the federal and provincial governments to respond to tax cuts and deregulation in the United States.
Vows in the Canadian fossil fuel industry to go on a low-carbon diet have spread beyond Alberta thermal oilsands production into British Columbia (BC) natural gas.
Discounted cross-country pipeline tolls, scheduled to start Nov. 1, will enable Western Canadian natural gas suppliers to take back eastern sales lost to shale production in the United States, predicted the Alberta Department of Energy.
A decade of northern technology adaptation has evolved Alberta and British Columbia shale drilling into a match for rival gas-prone areas of the United States, producers told investment managers Thursday.