Canada – Page 3 – Oil & Gas 360

Trade dispute could force U.S. to buy Venezuelan oil, Canada says

January 31, 2025

(Oil Price) – President Trump’s threat of tariffs on Canadian imports could leave the United States reliant on crude oil from Venezuela, with which the U.S. doesn’t want to work, Canadian Foreign Minister Melanie Joly told the Financial Times. Joly is visiting this week Washington, D.C. for her first official meeting with U.S. Secretary of State Marco Rubio and other U.S. government leaders. The

Oil set for weekly decline as Trump tariff threat looms large

January 31, 2025

(Investing) – LONDON -Oil prices were steady on Friday but on course for weekly declines as markets waited to see if U.S. President Donald Trump will follow through on his threat to impose tariffs on Mexico and Canada on Saturday. Brent crude futures for March, which expire on Friday, were down 9 cents at $76.78 a barrel by 1420 GMT. U.S. West

Canada drafts a $105 billion response to Trump tariffs

January 16, 2025

(Oil Price) – Canada has drafted a list of U.S. goods worth billions of dollars that it could tax with tariffs if incoming President Donald Trump moves to impose tariffs on imports from Canada, a Canadian official with knowledge of the plans has told Bloomberg. An initial list of U.S.-manufactured items potentially subject to Canadian tariffs in case the U.S. hits first

Tamarack Valley Energy announces monthly dividend declaration and NCIB renewal

January 14, 2025

(Oil & Gas 360) – CALGARY, AB, Jan. 14, 2025 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce the declaration of its monthly dividend and renewal of its normal course issuer bid (“NCIB“). Dividend Declaration Tamarack’s Board of Directors has declared a monthly cash dividend on its common shares (“Common Shares“) of C$0.01275 per share in accordance with

Canada’s $16.5B carbon capture project in jeopardy after Trudeau’s resignation

January 13, 2025

(Oil Price)– The fate of Canada’s largest proposed carbon capture and storage project now hangs in the balance after Prime Minister Justin Trudeau announced that he would resign after a new leader of his Liberal Party is chosen. According to industry watchers, the $16.5B project faces an uncertain future with a new federal government to be elected later this year. To be built

Energy NL opposes federal emissions cap, citing serious impact and concerns

January 10, 2025

(World Oil) – Energy NL has made a submission to the Government of Canada Gazette 1 consultation process on the proposed Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations and has asked the federal government to abandon the regulations. According to the submission, the regulations sidestep the Atlantic Accord and will effectively cap offshore oil production and greatly impact the

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

January 8, 2025

(Investing) – NEW YORK -U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information Administration (EIA) showed on Wednesday, ahead of incoming U.S. president Donald Trump’s plans to levy a 25% tariff on Canadian imports. Trump, who has long complained about Canada’s trade surplus with the U.S., on Tuesday threatened to

Gran Tierra Energy Inc. announces closing of strategic joint venture transaction and partnership with Logan Energy Corp. to accelerate value in high-impact Canadian Montney oil play

December 17, 2024

CALGARY, Alberta, Dec. 17, 2024 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc . (“Gran …

Tamarack Valley Energy announces 2025 corporate budget

December 4, 2024

(BOE Report) – CALGARY, AB, Dec. 4, 2024 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce its 2025 capital and operating budget. The 2025 budget continues to generate free funds flow(1) in support of ongoing returns to shareholders, and further investment to capture value across Tamarack’s significant asset base. Highlights of the 2025 Budget Production Growth and Capital

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

November 27, 2024

(Investing) – SINGAPORE/LONDON -Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude imports from the two countries, traders and analysts said. Two sources familiar with Trump’s plan told Reuters that oil would not be exempted from potential tariff hikes on imports

Canada and Mexico boost competition for U.S. LNG exports to Asia

September 16, 2024

Oil Price The U.S. North American neighbors are emerging as the latest competitors of the United States to ship LNG to Asia, the world’s biggest and most important LNG-importing region. While U.S. LNG development has suffered a series of setbacks in recent months, Canada and Mexico are looking to tap the growing Asian market for the super-chilled fuel, analysts tell

Exclusive: Pine Cliff Energy at EnerCom Denver-The Energy Investment Conference 2024

September 13, 2024

Oil and Gas 360 Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technologies Series presenter replays for a limited time. Pine Cliff Energy is a Canadian natural gas producing company. Backed by an industry-low production decline rate and strong balance sheet, its primary goal is to create shareholder value through disciplined,

Premium Content