The saga that started back in 2008 continues.
The Keystone XL oil pipeline did not die with …
2016 is already getting off to a rough start for Western Canada Select (WCS) crude oil, Canada’s benchmark crude oil. WCS dropped US$2.05 on Monday, closing at US$16.61 per barrel, its …
Canadian crude oil is still making its way south into the U.S. despite the decision by the Obama administration to reject the project plan for TransCanada’s (ticker: …
Canadian Oil Sands (ticker: COS) gets its wish to remain an independent company – at least for the time being.
The hostile takeover attempt by Suncor (ticker: SU) failed to achieve the …
Calgary-based TransCanada Corp. (ticker: TRP) announced today that it will sue the U.S. government, alleging President Barack Obama exceed his power under the U.S. Constitution when he rejected …
Ernst & Young is one of many analyst firms expecting energy-related divestitures and stock-for-stock deals to rise in 2016, and one of the year’s first deals could involve Canadian Oil Sands …
TORONTO, ONTARIO–(Marketwired – Dec. 22, 2015) – Superior Plus Corp. (TSX:SPB) (“Superior”) is pleased to announce that its wholly-owned subsidiaries Superior Plus LP, Superior Plus US Financing Inc. and Comercial E Industrial ERCO (Chile) Limitada have completed an extension of …
CALGARY, AB–(Marketwired – December 21, 2015) – (TSX: ECA) (NYSE: ECA)
Encana Corporation announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., expects the previously announced sale of its DJ Basin assets to Crestone
Scotiabank Economics released its annual commodities outlook today, saying near term WTI could be US$30, based on post-Dec. 4 OPEC oil trading below US$35 …
CALGARY, ALBERTA–(Marketwired – Dec. 21, 2015) – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced today a $250 million capital expenditure program for 2016, primarily directed towards its conventional oil gathering and oil sands transportation businesses. Organic growth projects are …
Manitok Energy Inc. (ticker: MEI) has entered into a letter agreement with syndicate of agents co-led by Integral Capital Markets, a division of Integral Wealth Securities Limited and …
U.S. District Judge Michael Davis in Minnesota rejected key parts of a lawsuit brought against Enbridge Inc. (ticker: ENB) over the expansion of the company’s …
TransCanada (ticker: TRP) announced today that the company has signed three new agreements with First Nations groups in connection to the company’s Coastal …
Canada surprised attendees and negotiators at the climate talks in Paris on Sunday by calling for a more ambitious target for cutting greenhouse gases than the UN’s own 2-degree target, the National Observer reported.
“Canada’s Environment …
(All dollar amounts referenced are in Canadian dollars unless otherwise specified)
CALGARY, ALBERTA–(Marketwired – Dec. 3, 2015) – Suncor Energy today announced it has extended its offer to Canadian Oil Sands Limited (“COS”) shareholders. Suncor will file a corresponding notice
From The Globe and Mail
Sales of rights to drill on government land across the West are headed for their lowest level in at least 17 years, as
(Editor’s note: all figures in Canadian dollars)
On December 1, 2015, Canadian Oil Sands (ticker: COS) issued a press release with an accompanying conference call detailing its 2016 budget and …
Alberta is becoming a less attractive target for oil and gas investment, according to an annual study conducted by the Fraser Institute. The survey of petroleum executives, …
Technological advances in the oil and gas industry have reformed the United States economy, but government policies are preventing the business sector from reaching its full potential.
That is the assessment of the Business Roundtable, based on a 31-page report …
Husky Energy (ticker: HSE) announced today that the company sanctioned the Rush Lake 2 project, a 10,000 barrel per day (MBOPD) modular heavy oil thermal project, and the next …
*Note: All figures in Canadian dollars unless said otherwise
The Obama administration’s rejection of the Keystone XL pipeline on November 6, 2015, was not a huge surprise to the public majority following the …
Justin Trudeau, the newly elected Prime Minister of Canada, has been in office for less than two weeks but is already making waves in the nation’s energy industry.
In a mandate letter to the Minister of Transport, Trudeau outlined the …
Some of the industry’s largest players spent $1.2 billion in a Canada offshore lease sale on November 12, 2015, securing a foothold in an area estimated to hold as much …
Even without the 800 MBOPD capacity of TransCanada’s Keystone XL pipeline, crude oil imports from Canada make up 45% of crude shipped …
In this exclusive interview with Oil & Gas 360®, Tim McMillan, President and CEO of the Canadian Association of Petroleum Producers (CAPP), discusses …
Canadian oil major Canadian Natural Resources (ticker: CNQ) announced today that PrairieSky Royalty (ticker: PSK) will purchase assets from CNR to for the largest fee simple mineral title and royalty positions …
President Obama announced today that he has rejected TransCanada’s (ticker: TRP) Keystone XL pipeline project after seven years of regulatory holdup. The decision comes as the president …
TransCanada announced today that the company has decided to remove a port on its Energy East pipeline project from Quebec. The company said the decision was made after listening …
