Canadian oil and gas producers made their second appeal Thursday for a national corporate tax break to counter depressed sales and prices blamed on the Covid-19 pandemic, global supply gluts and environmental movements to curb fossil fuel use.
Articles from Capp
Natural gas use by thermal oilsands plants could grow almost as fast as their bitumen production over the next 10 years, the Alberta Energy Regulator (AER) predicted.
Natural gas shippers have won a C$1.14 billion ($910 million) toll cut on TransCanada Corp.’s cross-country Mainline after a 10-month dispute over pipeline finance before the National Energy Board (NEB).
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.
A new left-leaning provincial government poses no red peril against accelerating development of British Columbia’s liquids-rich shale and “tight” natural gas formations, participants in the drilling said Wednesday.
Canada’s biggest natural gas consumer — Alberta thermal oilsands production — will grow by 54% over the next 15 years, according to an industry survey.
A 19% cut in industry spending is expected to pare production growth this year and next, the Canadian Association of Petroleum Producers (CAPP) predicted Wednesday.