27 November

Federal Finance Minster Bill Morneau announcing the plan to purchase Trans Mountain from Kinder Morgan at the end of May 2018 CALGARY – Hundreds of protesters chanting “Build that pipe now” jammed a downtown Calgary street for the second time in five days on Tuesday, this time to mark a speech by federal Finance Minister […]

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27 November

Construction of Keystone XL in Canada. Image: Brian Zinchuk, Pipeline News HELENA, Mont. — The company that wants to build the Keystone XL pipeline is asking a judge to change his order blocking the project to allow pre-construction work to continue, such as purchasing materials and finalizing contracts. Attorneys for TransCanada Corporation will argue in […]

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27 November

The spread is widening between Western Canadian Select (WCS) heavy oil and benchmark West Texas Intermediate crude. This week, Alberta premier Rachel Notley sounded the alarm on the “clear and present danger” of a Canada without enough oil pipelines. In a Monday news conference, she said the Canadian economy is losing an incredible $80 million […]

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27 November

All three major indexes in the United States enjoyed a big bounce back on Monday, November 26. Unfortunately, the energy-heavy TSX only gained 1 point on the same day. Collapsing oil and gas prices have exacted a heavy toll on Canadian energy stocks. There is hope for some respite ahead of a major OPEC meeting […]

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27 November

Alberta has pledged to impose cleanup timelines on energy companies in a major policy shift to reduce growing financial and environmental risks tied to tens of thousands of idled oil and gas wells across the province. Energy Minister Margaret McCuaig-Boyd said on Monday she has also told the Alberta Energy Regulator to beef up oversight […]

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27 November

CALGARY, Alberta, Nov. 27, 2018 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision”) (TSX:PD; NYSE:PDS) today announced that it has terminated the arrangement agreement (the “Arrangement Agreement”) dated October 5, 2018 with Trinidad Drilling Ltd. (“Trinidad”) following the announcement by Ensign Energy Services Inc. that it had taken up 56.38% of the outstanding common shares of […]

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27 November

TransCanada Corp has asked a Montana court to allow it to resume pre-construction activities on its Keystone XL oil pipeline after a U.S. judge blocked construction on the $8 billion project earlier this month. The Calgary, Alberta-based company has temporarily halted all pre-construction work in the United States on the pipeline project as a result […]

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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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