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Cenovus Energy To Cut More Jobs Amid Cost-Cutting Push
Thursday, December 14, 2017 Cenovus Energy Inc will cut an additional 15% of its workforce and lower operating expenses as new chief executive, Alex Pourbaix, works aggressively to cut costs and lower debt.
Canadian Oil Collapses Amid Pipeline and Rail Bottleneck
Tuesday, December 12, 2017 Heavy Canadian crude fell to a three-year low against benchmark prices as bottlenecks on pipelines and rail networks crimped exports.
Kinder Morgan Canada Rises Most Since IPO on Pipeline Decision
Friday, December 08, 2017 Shares in Kinder Morgan Canada Ltd rose as much as 9.5% to a 4-month high early Friday.
Kinder Morgan Canada Wins Appeal On Trans Mountain Expansion
Thursday, December 07, 2017 Canada's energy regulator ruled in favor of Kinder Morgan Canada Ltd.
Kinder Morgan Canada Shares Drop 3% After More Potential Pipe Delay
Tuesday, December 05, 2017 Kinder Morgan Canada shares fall, the day after the company said its Trans Mountain pipeline expansion could miss the revised timetable.
Enbridge Shares Jump After Company Targets $2.3B Asset Sales
Thursday, November 30, 2017 Enbridge shares jumped after North America's largest energy infrastructure company announced plans to sell noncore assets to focus on its 'crown jewels'.
ExxonMobil's Offshore Canada Project Produces First Oil
Tuesday, November 28, 2017 The Hebron oil project has produced its first oil, ExxonMobil says, in a boost to Atlantic Canada's output after years of weak crude prices.
TransCanada to Restart Keystone Pipeline on Tuesday
Monday, November 27, 2017 TransCanada Corp will restart its Keystone crude oil pipeline at reduced pressure after getting approval from U.S. regulators, the company said.
Keystone XL Clears Major Obstacle in Nebraska
Monday, November 20, 2017 Nebraska panel clears path for Keystone XL.
Sources: Two Alberta Oil Sands Upgraders Warn Customers Of Volume Cuts
Monday, November 20, 2017 Two oil sands upgraders in Alberta have warned customers about cuts to synthetic crude output.
South Dakota Pipeline Spill Hits TransCanada Shares, Canada Crude Price
Friday, November 17, 2017 Canadian heavy crude prices and TransCanada shares slid as officials in Nebraska mulled whether to approve another pipeline proposed by the company.
TransCanada's Keystone Pipeline Shut After 5,000-Barrel Leak In US
Thursday, November 16, 2017 TransCanada has shut part of its Keystone pipeline after 5,000 barrels of oil leaked in Amherst, South Dakota, the company says.
Canadian Pacific Watching Signs of Life in Crude by Rail Shipments
Tuesday, November 14, 2017 Canadian Pacific Railway Ltd is watching shipments of crude by rail which are now "coming alive a little bit," the company's chief marketing officer told a Toronto transportation conference.
Kinder Morgan Appeals to Canada Regulator Over Trans Mountain Pipeline
Tuesday, November 14, 2017 Kinder Morgan Canada Ltd has appealed again to the country's energy regulator, asking it to set up a process to resolve potential disagreements with provincial or municipal governments over its planned Trans Mountain oil pipeline expansion project.
TransCanada: Keystone XL Pipe Has Adequate Commercial Support
Thursday, November 09, 2017 TransCanada receives adequate support from crude oil shippers on its long-delayed Keystone XL pipeline.
Hey Oil Companies, Scrap Those Dividends, Canada's Mawer Says
Thursday, November 09, 2017 Oil companies need to stop distributing quarterly dividends, and energy investors need to break their addiction to those payouts.
Chevron Canada Okays Duvernay Development
Tuesday, November 07, 2017 'The Duvernay formation is one of the most prospective liquids-rich shale plays in North American,' Chevron Canada President Jeff Gustavson.
Kuwait's PIC Signs Contract with US Jacobs for Plant in Canada
Monday, November 06, 2017 Jacobs will be in charge of carrying out front-end engineering and design for a propylene and polypropylene facility in Alberta.
Cenovus' Profit Beats Street View, Production More Than Doubles
Thursday, November 02, 2017 Cenovus Energy Inc's 3Q adjusted profit beat Wall Street estimates on Thursday.
Cenovus Taps Transcanada Veteran Alex Pourbaix For CEO Role
Monday, October 30, 2017 Canadian oil and gas producer Cenovus Energy Inc names industry veteran Alex Pourbaix chief executive officer.
Keystone Champion Named CEO at Oil-Sands Giant Cenovus
Monday, October 30, 2017 Alex Pourbaix has been named chief executive officer at Cenovus Energy Inc.
Precision Drilling Reports Smaller-Than-Expected Loss
Friday, October 27, 2017 Precision Drilling reports a smaller-than-expected quarterly loss.
Suncor Says Makes Progress In Oil Sands Project Dispute With Total
Thursday, October 26, 2017 Suncor Energy says it has made progress in resolving a commercial dispute with joint venture partner Total.
Schlumberger's Latest Asset Deal Raises Fresh Concerns Ahead Of 3Q
Thursday, October 19, 2017 Schlumberger seals a deal to buy oil and gas assets worth $1 billion from Cenovus Energy.
Thailand's PTTEP Delays Canadian Oil Sands Project At Cost Of $550MM
Thursday, October 19, 2017 PTTEP says it was delaying plans investment for the Mariana Oil Sands in Canada.
Storm In Western Canada Disrupts Crude Oil Pipelines
Wednesday, October 18, 2017 Two crude oil pipelines in western Canada were shut down on Wednesday after stormy weather caused power outages in parts of Alberta and Saskatchewan.
Weak Alberta Gas Prices To Hurt Producer, Provincial Revenues
Friday, October 13, 2017 Western Canadian natural gas prices have been stuck at historically weak levels since summer due to prolonged pipeline maintenance.
Canadian Oil's High-Priced Run Set to End as Supply Surges
Wednesday, October 11, 2017 Canadian oil-sands producers enjoying the strongest market for heavy crude since 2008 will soon face a renewed glut.
Canada's Keyera Signs Pact With Chevron To Transport, Store NGL
Tuesday, October 10, 2017 Keyera says it signed a 20-year agreement with Chevron's Canadian unit to transport and store NGL.
Kinder Morgan Canada Kills Request Linked to Trans Mountain Pipeline
Monday, October 09, 2017 Kinder Morgan Canada Ltd on Friday withdrew its request to install anti-fish-spawning mats in construction areas for its embattled Trans Mountain pipeline expansion.
Energy East Death Pins Oil Sands Hopes on Two Troubled Pipelines
Friday, October 06, 2017 Energy East would have given oil producers in Alberta and Saskatchewan another market for their crude.
TransCanada Abandons $12 bln Pipeline Project after Green Push
Thursday, October 05, 2017 TransCanada Corp abandoned construction of its Energy East pipeline, taking a C$1 billion ($798 million) non-cash charge and handing environmental groups a major victory in efforts to hamper Canadian oil development.
Petronas' Canadian Unit Says Looking to Sell Oil and Gas Asset in Alberta
Thursday, October 05, 2017 Progress Energy, the Canadian unit of Malaysian state energy firm Petroliam Nasional Berhad, said it was looking to sell its Deep Basin oil and gas asset in the Canadian province of Alberta.
TransCanada's Decision to Scrap Pipeline Draws Cheers in Quebec
Thursday, October 05, 2017 Politicians and environmental campaigners in Quebec are shedding few tears over TransCanada Corp.'s decision to pull the plug on its Energy East pipeline project.
Cheap Option to the Oil Sands Emerges as Hot Play in Canada
Wednesday, October 04, 2017 There's a land grab quietly taking place in a little-known corner of the Canadian oil sands.
Kinder Morgan Says Fish-mat Ban May Delay Canada Pipe Expansion
Friday, September 29, 2017 The expansion project aims to nearly triple the capacity of the existing pipeline from Canada's oil heartland of Alberta to the west coast.
Pembina Ups Capacity on Planned Western Canada Oil Pipeline
Thursday, September 28, 2017 Calgary-based Pembina said it will add 45,000 barrels per day of capacity to the planned pipeline.
Kinder Morgan Canada Ordered To Stop Some Work On Pipeline Expansion
Tuesday, September 26, 2017 Canada's energy regulator has ordered Kinder Morgan Canada to stop some work on its Trans Mountain pipeline expansion.
Regulator: Duvernay Field Holds Canada's Biggest Shale Oil Resources
Tuesday, September 26, 2017 The Duvernay field in Canada's western province of Alberta holds the country's largest marketable resources of unconventional light shale oil and condensate, according to a new report.
'Game-Changer' Canada Oil Sought by Japan Refiner Going Solo
Monday, September 25, 2017 Cosmo is emerging from the revamp with its independence intact. It's now considering buying Canadian oil for the first time ever
Silicon Meets Steel as Pipeline Operators Try Fiber-Optics
Friday, September 22, 2017 They're piloting a system that can pinpoint leaks and other disturbances down to the centimeter.
Canada Gas Set to Strike Back Against US Shale as Glut Eases
Thursday, September 14, 2017 Output from some longtime producers is waning and pipeline maintenance is ending.
China's CNOOC Ends Feasibility Study For Western Canadian LNG Terminal
Thursday, September 14, 2017 CNOOC says it will end the feasibility study for its LNG export terminal on British Columbia's coast due to low global commodity prices.
Out-Of-Control Alberta Wildfire Shuts In Natural Gas Production
Wednesday, September 13, 2017 Questfire has shut in 900 barrels of oil equivalent per day of mostly natural gas production because of a wildfire in southern Alberta, its chief executive says.
Shell Canada Shuts Some Gas Operations Due To Southern Alberta Wildfire
Tuesday, September 12, 2017 Shell Canada, a subsidiary of Shell, is shutting some gas operations in its Waterton complex in southern Alberta.
Canada Regulator's Plan For Review Of Energy East Pipeline Comes Under Fire
Friday, September 08, 2017 The Canadian energy regulator's plan to assess indirect carbon emissions when considering TransCanada's Energy East pipeline application sets a harsh precedent for future projects.
Harvey Damage Prompts TransCanada To Extend Pipeline Open Season
Wednesday, September 06, 2017 TransCanada will extend the open season on its Keystone pipeline system by a month because of the unprecedented flooding and damage caused by Hurricane Harvey.
Canadian Natural Buys Cenovus' Pelican Lake for $787 Million
Tuesday, September 05, 2017 Canadian Natural Resources agreed to buy Cenovus' Pelican Lake heavy-oil project and other assets in northern Alberta.
New Canada Hearings For Kinder Morgan Pipeline Expansion Route
Thursday, August 31, 2017 Canada's NEB will hold a series of public hearings beginning this year to determine the route for Kinder Morgan's Trans Mountain pipeline expansion.
Canada Band Raises New Issue In Kinder Morgan Pipeline Challenge
Wednesday, August 30, 2017 A Canadian aboriginal band seeking to stop the Trans Mountain pipeline expansion has asked a court to consider the federal government's position for a tougher review on a rival project.
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