27 November

CALGARY, Nov. 26, 2018 /PRNewswire/ – Crimson Energy Ltd. (“ Crimson “) reports that it has filed an updated Early Warning Report in accordance with the requirements of applicable securities laws in respect of its shareholdings of Pulse Oil Corp. (TSX Venture Exchange: PUL) (“ Pulse “). Crimson is a corporation existing under the Business […]

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27 November

Brad Wall says he’s hearing from more and more Western Canadians who are feeling like they’re getting a raw deal from Confederation. Speaking Monday on Gormley, the former Saskatchewan premier said conversations he’s having online and in person during his travels between his home in Swift Current and his new job with a law firm […]

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27 November

CALGARY, Alberta, Nov. 26, 2018 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces that it has entered into a definitive agreement to acquire complementary assets within its core Ferrier area of west central Alberta from POSCO Daewoo E&P Canada Corporation (“Daewoo”) for total consideration of approximately $9.5 million. Bellatrix […]

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27 November

Canada’s main stock index rose on Monday, as a slight recovery in oil prices helped boost the energy sector. At 11:45 a.m. ET, the Toronto Stock Exchange’s S&P/TSX Composite index was up 36.34 points, or 0.24 per cent, at 15,047.07. Eight of the index’s 11 major sectors were higher. The energy sector climbed 0.3 per […]

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27 November

Alberta Premier Rachel calls the oil price gap a "real and present" danger that has to be addressed in the long term with more pipelines. EDMONTON — Alberta Premier Rachel Notley has appointed three experts to work with the energy industry to find ways to close an oil price gap that she says is costing […]

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27 November

When it set out to expand the Trans Mountain pipeline, Kinder Morgan knew it faced serious marine transport safety hurdles. In February 2013, Kinder Morgan Canada president, Ian Anderson told the National Energy Board that, “One of the greatest challenges I believe in providing British Columbians with the confidence and trust will be confidence and […]

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27 November

The price of WTI has dropped to its lowest level in more than a year. (Robson Fletcher/CBC) The price of a barrel of the most common blend of U.S. oil fell to its lowest level in more than a year, as fears of a global supply glut came roaring back to life. A barrel of […]

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27 November

Alberta Premier Rachel Notley is aggressively advancing a false narrative about heavy oil’s deep discount. She presents the problem in two parts, neither of which stand up to scrutiny. First, Notley purports that the abnormally wide price spread affects every barrel of heavy oil leading to millions of dollars a day in losses to the […]

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27 November

The Canadian dollar edged higher against its U.S. counterpart on Thursday as the greenback broadly fell and Canada’s government weighed a proposal which could help soften the blow from price discounts on heavy crude generated by pipeline congestion. At 9:57 a.m., the Canadian dollar was 0.1 per cent higher at 1.3225 to the greenback, or […]

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27 November

Pumpjacks at work pumping crude oil. (Larry MacDougal/Canadian Press) Alberta’s "ongoing and acute" issues with getting crude to market pose an "extraordinary" challenge for the province’s energy sector, says a new report from Scotiabank Economics. But it says the provincial government must set a "high" bar for intervening directly in the energy sector, adding it […]

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