Canadian Pacific Railway Limited says negotiations continue to move forward with the Alberta government regarding the United Conservative Party’s decision to try to offload its crude-by-rail commitments and contracts signed by the previous government with Canadian National Railway Company and CP.
July 16, 2019, 11:02 AM MDT
June 18, 2019, 10:59 AM MDT
Canadian Natural Resources Limited says it has been able to gain access to its wells and facilities in its Pelican Lake and Woodenhouse operations following the previously announced evacuation due to local wildfires.
June 10, 2019, 6 AM MDT
June 6, 2019, 6:38 AM MDT
June 4, 2019, 7:18 AM MDT
The owners of the Capline pipeline, a crude transportation option that could provide a much needed outlet for Canadian heavy oil and bitumen to get to the U.S. Midwest and West Coast, have decided to proceed with a plan to reverse the flow of the system.
May 31, 2019, 6 AM MDT
This June, Husky Energy Inc. will begin using artificial intelligence at its Lloydminster thermal oil operations as it looks to get “even more juice” out of the prolific assets.
May 30, 2019, 11:06 AM MDT
Husky Energy Inc. CEO Rob Peabody kicked off the company’s investor day in Toronto this morning going off-script with a message of cautious optimism about Canada’s oil and gas industry.
May 28, 2019, 10:30 AM MDT
May 27, 2019, 7:21 AM MDT
A long-overlooked oil play that is described as one of the most significant discoveries in Western Canada in recent years will soon be pipeline connected.
May 23, 2019, 12 AM MDT
Marathon Petroleum Corporation’s decision last week to cancel a planned project increasing heavy oil processing capacity at one of the largest refineries in the U.S. worries Suncor Energy Inc. executive vice-president Steve Reynish.
May 16, 2019, 10:24 AM MDT
May 13, 2019, 9:22 AM MDT
Liquids-weighted intermediate Athabasca Oil Corporation is well positioned to benefit from strong global fundamentals for heavy oil, shareholders heard Thursday.
May 10, 2019, 12 AM MDT
May 8, 2019, 7:49 AM MDT
May 8, 2019, 8:02 AM MDT
Pengrowth Energy Corporation reported higher adjusted funds flow in the first quarter due to a leaner cost structure and a 20 per cent increase in Lindbergh SAGD bitumen production during the three-month period compared to the prior year.
May 8, 2019, 11:20 AM MDT
Baytex Energy Corp. says crude-by-rail will remain an integral part of the company’s egress and marketing strategy for its heavy oil production and the company plans on layering in more contracts as the year unfolds.
May 3, 2019, 10:15 AM MDT
Rangeland Midstream Canada, Ltd. plans to design, construct and operate new crude oil and condensate pipelines located in the Marten Hills region of north-central Alberta.
April 30, 2019, 8:30 AM MDT
The project that started Husky Energy Inc.’s prolific thermal heavy oil development strategy in Saskatchewan is being abandoned after almost 40 years of operations.
April 29, 2019, 6 AM MDT
April 29, 2019, 7:44 AM MDT
Canadian crude-by-rail exports plunged in February to 130,564 bbls/d in February 2019, down from 325,499 bbls/d the previous month, according to new figures from the National Energy Board (NEB) released late this morning.
April 24, 2019, 11:54 AM MDT
West Texas Intermediate (WTI) and Western Canada Select (WCS) has been trading in a consistent band, with the differential at times trading in the single digits.
April 23, 2019, 7:50 AM MDT
Heavy near month oil prices continued to rise while the differential to WTI further narrowed in March, reflecting Alberta production curtailments designed to reduce the glut of oil in storage.
April 2, 2019, 7:42 AM MDT
April 2, 2019, 7:50 AM MDT
March 27, 2019, 9:40 AM MDT