Canadian crude-by-rail exports climbed slightly in June, marking the fourth straight month of increases.
August 22, 2019, 10:29 AM MDT
Producers will be mandated to limit production by at least another year.
August 20, 2019, 2:28 PM MDT
August 20, 2019, 7:12 AM MDT
Pengrowth Energy Corporation is looking to modify its approvals for the Lindbergh SAGD project in order to enable additional profits from electricity sales into the Alberta grid while it incrementally adds new oil production.
August 14, 2019, 10:52 AM MDT
Although Enbridge Inc. doesn't expect to file an application for contract capacity on the Canadian Mainline with the National Energy Board (NEB) until later this year, a producer group is urging the regulator to move cautiously.
August 12, 2019, 12 AM MDT
Gibson Energy Inc. is refining its expected 2019 capital budget to between $230 million and $280 million, reflecting growth projects the company has added since the start of this year.
August 7, 2019, 11:16 AM MDT
Although International Petroleum Corporation’s (ICP) Onion Lake thermal facility ramp-up was delayed as a result of extreme cold weather and low steam supply water intake rates during the first half of 2019, facility optimization work is ongoing and has allowed steam injection to begin at F-Pad.
August 6, 2019, 11:08 AM MDT
Lower production and reduced throughputs due primarily to a heavy maintenance turnaround schedule and non-routine write-offs and expenses, affected Husky Energy Inc.’s second quarter 2019 results with lower funds flow and net income.
July 25, 2019, 10:37 AM MDT
Canadian crude oil exports by rail climbed in May 2019 to 285,131 bbls/d, new data from the National Energy Board (NEB) showed this morning.
July 24, 2019, 11:47 AM MDT
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