(BOE Report) – EDMONTON – Alberta Premier Danielle Smith says she will hold a referendum on provincial separation next year if citizens gather the required signatures on a petition. Smith, in a livestream address Monday, said she wants a sovereign Alberta within a united Canada but there is a growing number of Albertans who are unhappy with Confederation, and are organizing
(Oil & Gas 360) Q1/25 capital program realized well outperformance averaging 20% above internal type curves(2), driving estimated average volumes over 41,600 boe/d(1) Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4 million shares repurchased to date in 2025, bringing total repurchases to 7.9 million
(BOE Report) – CALGARY – Hundreds of kilometres up the Pacific coast from where Canada’s first liquefied natural gas export terminal is set to start up this summer, a monster lays dormant. Alaska has long had ambitions to ship its natural gas to international markets, but the cost and scale of such an undertaking has held it back for decades. But
(World Oil) – Prime Minister Mark Carney pledged to make Canada the world’s “leading energy superpower” through a plan that includes establishing a single office that would decide on major projects within two years. The Liberal Party leader said at a campaign stop in Calgary that his government would create a Major Federal Project Office with a “one project, one review”
(World Oil) – The plunge in oil prices over the past week was more severe than the market’s dynamics justify, and the drop may be short-lived, according to Canadian energy executives gathered in Toronto. Leaders of oil and gas producers as well as pipeline companies characterized the sudden decline — sparked by US President Donald Trump’s global tariffs and OPEC’s
(Oil & Gas 360) CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (“CanCambria” or the “Company”) today announced that the Hungarian Ministry of Energy (the “Ministry”) has selected CanCambria Hungary Kft (“CanCambria Hungary”), the Company’s wholly-owned subsidiary, as the successful bidder for the Kiskunhalas Concession Tender Area (the “Kiskunhalas Concession Area”) for hydrocarbon exploration and production, subject to formal documentation and
(Investing)– WASHINGTON – U.S. President Donald Trump said he had a productive call on Friday with Canadian Prime Minister Mark Carney and that the two leaders would meet after Canada’s election, which is scheduled for next month amid increased tensions between the neighboring allies. “It was an extremely productive call, we agree on many things, and will be meeting immediately after
(Investing) – CALGARY – The future of Canada’s six-year-old carbon pricing system is on shaky ground after 14 oil and gas CEOs and the political opposition leader this week called for its repeal. Scrapping the system, which aims to reduce pollution by giving heavy industry a financial incentive to cut carbon emissions, however, puts the viability of a high-profile carbon capture
(Oil Price) – Canada’s energy minister has threatened Washington with curbing exports of crude oil in response to the Trump administration’s import tariffs on Canadian goods. Jonathan Wilkinson also suggested export tariffs were among the retaliatory options being considered. “When we are talking about non-tariff retaliation, it could be about restricting supply, it could be putting our own export duties on
(BOE Report) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States’ largest trade partners, which kicked in on Tuesday. New 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods to 20%, took effect on March
(Oil Price) – The global trade wars intensified on Tuesday as the U.S. tariffs on Canada and Mexico took effect and China was slapped an additional 10% levy, prompting retaliatory tariffs and sending equity markets and oil prices lower. Oil prices were down by 1% in Asian trading early on Tuesday, as markets fear economic slowdown from the tariffs and
(BOE Report) – Canadian midstream company Enbridge said on Tuesday that it plans to invest $2.5 billion in its liquids and natural gas systems, with $2 billion allocated to its Mainline network through 2028. The Mainline is North America’s largest crude oil pipeline network and transports light and heavy crude oil, natural gas liquids and refined products from Edmonton, Alberta, to various
