Canadian oil production continued to recover during October, rising by an estimated 250,000 bbls/d month-on-month to 5.3 million bbls/d, the International Energy Agency (IEA) reported this morning in its monthly report on the oil market.
December 15, 2020, 3:56 AM MST
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November 26, 2020, 10:48 AM MST
The ongoing effects from COVID-19 on the Alberta government’s finances were clear this afternoon as the province released its mid-year update with continuing weak resource revenue forecasts. The finance minister also acknowledged that the province will delay its plan to balance the budget by 2022/2023.
November 24, 2020, 2:52 PM MST
Canadian consumption of fossil fuels is expected to decline over the next 30 years but without an accelerated energy transition will still make up more than 60 per cent of Canada’s fuel mix in 2050, according to a new report from the Canada Energy Regulator (CER).
November 24, 2020, 10:48 AM MST
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TC Energy Corporation sees both organic and inorganic opportunities for growth along its strategic crude oil infrastructure corridor, the company’s virtual investor day heard Tuesday.
November 18, 2020, 6:38 AM MST
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Total Canadian oil supply is expected to decline by roughly 340,000 bbls/d in 2020 followed by a 300,000-bbl/d recovery next year, the International Energy Agency (IEA) reported today in its monthly oil report.
November 12, 2020, 4:01 AM MST
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