Canadian heavy crude has become so cheap that the cost of shipping it to refineries exceeds the value of the oil itself, a situation that may result in even more oil-sands producers shutting operations.
Read More »York Awards £1.6m to Roll Out Cleaner Buses
It comes ahead of the launch of the Clean Air Zone (CAZ) in the city later this month.
Read More »Canadian Gas Prices Rise after New Pipeline Rules Dampen Volatility
Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change.
Read More »Canada Is Becoming a Dirty Word in the Oil Patch
it will establish a corporate domicile in the U.S. early next year. pending various approvals. and rebrand under the name Ovintiv Inc.
Read More »Noia Fall Seminar Points to Bright Future for Canadian Offshore Exploration
Keating summarized what’s coming as a bow wave of investment as eight oil companies. with 10 exploration plans. begin exploration programs in frontier areas of the offshore.
Read More »Schulich Buys 5% of MEG Energy Despite Canadian Energy Concerns
Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.
Read More »Emotions Remain High in Alberta’s Oil and Gas Sector
It’s been two days now. since a large crowd gathered in the outdoor exhibit area of the Global Petroleum Show (GPS). at Calgary’s Stampede Park. to participate in a pro-pipeline. pro-oil rally
Read More »Canadian Natural Resources Restarts Operations Following Wildfires
Canadian Natural Resources Limited has provided an update on its Pelican Lake and Woodenhouse operations.
Read More »Alberta’s Oil Supply Cuts Find a Sweet Spot
Alberta may have finally found the right level for its oil curtailment program that has sent local oil prices on a roller coaster for the last few months.
Read More »Oil Woes Have Calgary Landlords Turning Empty Offices Into Apartments
When the lease on an Alberta Health Services office in Calgary came due for renegotiation two years ago. the rental market was so bad that trying to keep the tenants wasn’t worth it.
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