Post Tagged with: "Trudeau"

Source: Reuters

Canada offers C$2.5 billion in aid for hard-hit energy sector, plans to expand credit

Reuters


OTTAWA – Canada will invest around C$2.5 billion ($1.8 billion) in measures to help the hard-hit oil and gas industry and is working to ensure vulnerable firms have access to more credit, Prime Minister Justin Trudeau said on Friday.…

Source: Reuters

Oil patch woes: Amid downturn, Alberta rages at Canada’s Trudeau

Reuters


WINNIPEG, Manitoba/OTTAWA – In 35 years of working in Alberta’s oil patch, home to the world’s third-largest crude reserves, Ray Mildenberger endured a volatile industry’s ups and downs without being laid off.

That changed in October, when Mildenberger, 60, …

December 19, 2019 - 1:00 pm Canada, Canada News, Closing Bell Story‎, Energy News, Jobs
Canadian Prime Minister Justin Trudeau

Trudeau Cabinet Greenlights Trans Mountain Pipeline Expansion

From BNN/Bloomberg


(Bloomberg) — Prime Minister Justin Trudeau’s government decided Tuesday to proceed with the construction of a major crude oil pipeline, saying the project has met strict requirements on safety and consultation with Canadian indigenous groups.

Trudeau’s cabinet approved …

B.C.’s Top Appeals Court Rules: Province Can’t Restrict Alberta Oilsands Crude Shipments Across B.C. to Vancouver for Export

B.C.’s Top Appeals Court Rules: Province Can’t Restrict Alberta Oilsands Crude Shipments Across B.C. to Vancouver for Export

Trans Mountain Expansion gets boost from British Columbia top appeals court ruling; could go to Supreme Court of Canada next

Trudeau government pledged to buy Trans Mountain Expansion project from Kinder Morgan for $4.2 billion – has to make decision

Trudeau’s Conservative Rival Pledges Energy Independence by 2030

Trudeau’s Conservative Rival Pledges Energy Independence by 2030

From Bloomberg

Canada’s opposition Conservatives, leading in the polls ahead of October elections, will seek to make the country oil independent within 10 years if they win power, the party’s leader said Thursday.

Andrew Scheer, the front-runner to unseat Prime …

Pipe destined for TransCanada’s Keystone XL pipeline is stockpiled near Gascoyne, N.D. (CBC)

Canadians Back Trudeau’s Pipeline, But His Own Voters Are Wary

From Bloomberg

A wide margin of Canadians support an oil pipeline that Prime Minister Justin Trudeau’s government is pushing to build — though it remains unpopular among some voting blocs key to his reelection, a poll has found.

In a …

January 17, 2019 - 6:56 am Canada, Closing Bell Story‎, Crude Oil News, Energy News, MLP News
Source: Nord Stream AG

Trudeau’s Reforms Won’t Break Pipeline Logjam, Oil Groups Warn

From Bloomberg

It’s a rough time in Canada’s oil patch, and the energy industry is warning that Justin Trudeau is about to make it worse.

The bottom has fallen out of Canadian heavy crude prices, with their discount relative to …

Encana Founder Blames Trudeau for Newfield Deal

Encana Founder Blames Trudeau for Newfield Deal

From Bloomberg

Encana Corp.’s founder and former Chief Executive Officer Gwyn Morgan said he’s disappointed by the driller’s $5.5 billion purchase of Newfield Exploration Co., which moves focus to the U.S. and dashes his hopes that the company would represent …

Trudeau Cuts Peru Trip Short to Get Trans Mountain Done

Trudeau Cuts Peru Trip Short to Get Trans Mountain Done

B.C.’s Horgan is steadfast in goal to keep pipe project out of his province; Trudeau seeks federal jurisdiction over line

From Bloomberg

“We are going to get the pipeline built. It is a project in the national interest,” Prime Minister …

April 16, 2018 - 2:21 pm Closing Bell Story‎, Energy News, Midstream
ConocoPhillips Doubles Down in British Columbia’s Montney with 35,000-Acre Acquisition

ConocoPhillips Doubles Down in British Columbia’s Montney with 35,000-Acre Acquisition

Oil and gas investment in politically risky British Columbia

Just a few days before Kinder Morgan Canada said it would halt investment and construction on the Trans Mountain pipeline expansion due to political risk in British Columbia, ConocoPhillips (ticker: COP) …

Climate Change Move from N.A. Heads of Government Could Affect the Oil & Gas Industry

Climate Change Move from N.A. Heads of Government Could Affect the Oil & Gas Industry

Three Chief Executives Tackle Climate Change

Canada’s Prime Minister Justin Trudeau, U.S. President Barack Obama, and Mexico’s President Enrique Peña Nieto joined forces in Ottawa this week expressly to demonstrate how North America has the “moral imperative to show strong …