ConocoPhillips says it is cutting back production at its Surmont SAGD project in Canada due to low Western Canada Select prices and wide differentials and by May expects to reduce production by approximately 100,000 bbls/d of oil (gross) to 35,000 bbls/d.
April 16, 2020, 11:37 AM MDT
Prime Minister Justin Trudeau said today he would have more to say “shortly” about federal government assistance for the oil and gas industry, along with aid to other sectors.
April 14, 2020, 11:28 AM MDT
Campus Energy Partners Suffield LP has filed an application with the Canada Energy Regulator (CER) for the approval of revised tolls and conditions of service for its Suffield pipeline system, effective July 1, 2019.
April 13, 2020, 9:27 AM MDT
Alberta companies are finding ways to protect their workers from COVID-19 at facilities and camp and construction sites while continuing to operate, a webinar organized by the Alberta Chamber of Resources (ACR) heard Wednesday.
April 9, 2020, 11 AM MDT
There’s a need in Alberta for condensate storage capacity in the short term should a total collapse in crude oil prices result in the shut-in of more heavy oil, the chief executive of a liquids-rich natural gas producer said Tuesday.
April 8, 2020, 12 AM MDT
While many oil and gas producers have halted their drilling programs with the collapse in oil prices, two natural gas weighted companies, Birchcliff Energy Ltd. and Peyto Exploration & Development Corp., are still in the field, an energy symposium heard Tuesday.
April 8, 2020, 12 AM MDT
As a result of the COVID-19 pandemic, people are beginning to understand the importance of energy and what it can do for Canadians, the chair of the Canadian Association of Petroleum Producers (CAPP) said Tuesday.
April 8, 2020, 6 AM MDT
The Alberta Court of Appeal has dismissed an appeal by the developer of a crude oil transloading facility in northwestern Alberta who objected to additional conditions imposed by an inter-municipal subdivision and development appeal board.
April 7, 2020, 9:04 AM MDT
Trans Mountain Pipeline ULC has warned that a delay in the S’ólh Téméxw Stewardship Alliance (STSA) Phase 1 detailed route hearing in the British Columbia Interior could cause “material adverse impacts” to the expansion project and the Canadian public interest.
April 6, 2020, 11:24 AM MDT
Canada is continuing its conversations on the Russia-Saudi oil price war with the international community, including the Organization of Petroleum Exporting Countries (OPEC), Prime Minister Justin Trudeau said this morning.
April 3, 2020, 10:42 AM MDT
A bill currently before the Alberta legislature will expand the authority of the industry-funded Orphan Well Association (OWA), including the ability to use the fund to pay for costs associated with the full life cycle management of wells and well sites, facilities and facility sites and associated infrastructure.
April 2, 2020, 7:41 AM MDT
The Keystone XL pipeline which is essential for the economic future of Alberta would not be built — at least not for the foreseeable future — without financial assistance from the provincial government, Premier Jason Kenney said Tuesday.
April 1, 2020, 12 AM MDT
What had been a global surplus of crude oil is going to become much more local as United States Gulf Coast refineries cut gasoline and jet fuel runs, reducing demand for Canadian crude, a market analyst is warning.
March 31, 2020, 10:10 AM MDT
Premier Jason Kenney says he is starting to discuss with United States officials the need for co-ordinated action, including potential tariffs on foreign oil imports, to protect the North American energy industry from the flood of OPEC oil coming into North America which jeopardizes both economies.
March 30, 2020, 7:02 AM MDT
The Canada Energy Regulator (CER) has approved an application from NOVA Gas Transmission Ltd. (NGTL) for system rate design and services, finding that it will result in tolls that are just and reasonable and not unjustly discriminatory.
March 26, 2020, 7:07 AM MDT
The Canada Energy Regulator (CER) has directed NOVA Gas Transmission Ltd. (NGTL) to further evaluate potential cross subsidization between delivery points on its system.
March 26, 2020, 7:19 AM MDT
The Alberta government by early next week expects to have settled on a list of what constitutes critical infrastructure and essential services in the event of a province-wide shutdown in response to the COVID-19 outbreak, says Premier Jason Kenney.
March 26, 2020, 6:50 AM MDT
A key task for the newly-appointed Alberta Economic Recovery Council will be looking at what the province can do to ensure the growth of the economy over the long term, and with it value-added high-paying jobs as it begins an expected recovery this fall, says the council’s chair.
March 25, 2020, 7:56 AM MDT
The federal government needs to take bold and unprecedented action to keep the Canadian economy from a complete collapse, starting with ensuring the future of its largest industry, the beleaguered energy sector, says Alberta Premier Jason Kenney.
March 24, 2020, 7:31 AM MDT
With no end in sight to the COVID-19 outbreak, Canadian regulatory bodies, like the companies they oversee, are making changes to the way they operate.
March 23, 2020, 1:16 PM MDT
While the federal government is promising assistance to help get the oilpatch back to work, fieldwork on well reclamations that are expected to be part of the package could be delayed because of the COVID-19 outbreak, says the executive director of the Orphan Well Association (OWA).
March 20, 2020, 11:36 AM MDT
The historic resilience and stability of Enbridge Inc.’s operating assets will enable the company to withstand today’s challenging environment, says its chief executive.
March 18, 2020, 9:17 AM MDT
NOVA Gas Transmission Ltd. (NGTL) is seeking regulatory approval for a new form of Other Service (OS) to provide for natural gas liquids extraction service (OS-EXT).
March 16, 2020, 10:19 AM MDT
STEP Energy Services Ltd.’s Canadian operations posted stronger adjusted EBITDA margins for both the 2019 fourth quarter and full year at 13 per cent of revenue (2018-nine per cent) and 18 per cent (2018-16 per cent) respectively.
March 13, 2020, 9:02 AM MDT
Small-scale LNG and compressed natural gas (CNG) can play an important role in meeting a variety of regional energy needs in Canada while reducing greenhouse gas emissions, speakers told a recent Canadian LNG conference held at the Toronto Stock Exchange.
March 12, 2020, 9:52 AM MDT
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