Trans Mountain Pipeline ULC will have to delay construction of the Burnaby Mountain Tunnel portal, which it had planned to start Aug. 22, 2019, says the National Energy Board, now the Canada Energy Regulator (CER).
August 28, 2019, 1:38 PM MDT
The new commission of the Canada Energy Regulator (CER) has announced an expedited process to consider requests for relief with respect to Enbridge Inc.’s ongoing open season for Canadian Mainline capacity.
August 28, 2019, 7:21 AM MDT
Because the Mainline is a dominant artery, Enbridge’s proposal to drastically change the pipeline’s commercial terms should be concerning to all stakeholders.
August 28, 2019, 7:55 AM MDT
Highwood Oil Company Ltd.’s acquisition of Peace River assets appears to have stalled.
August 28, 2019, 1:49 PM MDT
China, together with Japan, South Korea and other fast-growing Asian economies, has been the major driver for the growing world market for natural gas and liquefied natural gas (LNG) in recent years. Collectively, they led to the Asian market being responsible for about 75 per cent of global LNG imports, and pushed Asian LNG import prices to record levels in early 2014.
August 28, 2019, 12 AM MDT
Community leaders from across British Columbia will consider resolutions calling for the province to hold fossil fuel companies accountable for climate change, as another proposed resolution would affirm the importance of greenhouse gas (GHG) emission reductions while also calling for support towards the resource sector.
August 28, 2019, 11:27 AM MDT
The total enterprise value of merger and acquisition (“M&A”) activity in the Canadian oil and natural gas industry in the first half of 2019 was approximately $5.4 billion, down 29 per cent from the $7.6 billion recorded in the first six months of 2018. This is the lowest first-half total M&A value in the Canadian oil and natural gas industry since 2013 when only $4.3 billion in total M&A value was recorded.
August 28, 2019, 6:44 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 28, 2019, as reported this morning by Rig Locator.
August 28, 2019, 11:44 AM MDT
Leucrotta Exploration Inc. “materially” de-risked an estimated 140 net sections of a large light oil resource in the Lower Montney during the second quarter of 2019.
August 28, 2019, 9:33 AM MDT
Toscana Energy Income Corporation has made changes to its executive management team.
August 28, 2019, 9:21 AM MDT
Encana Corporation's wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., has closed on its previously announced sale of natural gas assets in Oklahoma's Arkoma Basin.
August 28, 2019, 12 AM MDT
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