Alberta Premier Jason Kenney has officially opened what he has called a war room to fight what he says is a campaign of lies about the province’s energy industry. Kenney announced in Calgary Wednesday that the new $30-million Canadian Energy Centre is needed to tell the “truth” about the oil and gas sector. Kenney promised […]
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WINNIPEG, MB / ACCESSWIRE / December 10, 2019 / Bird River Resources Inc. (CSE:BDR) (“BDR” or the “Corporation”) reports the resignation of Mr. John Tokarsky, Chief Financial Officer effective immediately. The Board of Directors would like to thank Mr. Tokarsky for his many years of service to the Corporation. The Board of Directors is pleased […]
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CALGARY – Chevron Corp. says it is looking to sell its 50 per cent stake in the Kitimat LNG Project in British Columbia. The move comes as the company looks to cut spending on some investments and take a charge of at least US$10 billion because lower long-term prices for oil and natural gas will […]
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Quebecers prefer Alberta oil, but deviate a bit from rest of Canada on pipeline safety issues. Good Morning! A vast majority of Quebecers (65 per cent) prefer their oil was sourced from Western Canada, compared to just 13 per cent who picked American oil and 5 per cent who preferred to get their fossil-fuel fix […]
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The discount on Canadian heavy crude widened versus U.S. benchmark West Texas Intermediate (WTI) crude on Tuesday, as stockpiles remained elevated due to transportation constraints. * "The train that derailed in Saskatchewan caused much damage to the track so it might take a few more days or even a week and a bit to get […]
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Chevron announced it will slash the value of its assets by $10 to $11 billion due to weaker oil and natural gas prices that prompted the company to consider abandoning some projects New York (AFP) Chevron announced Tuesday it will slash the value of its assets by $10 billion to $11 billion due to weaker […]
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A new section of Enbridge’s Line 3 pipeline sits in the ground across the street from a farm south of Superior, Wisc. Minnesota officials have released a revised environmental review of the proposed Line 3 oil pipeline replacement, a step that will restart the regulatory approval process for the oft-delayed, controversial project. The new environmental […]
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CALGARY — The CEO of Enbridge Inc. says an updated environmental review released by a Minnesota state agency on Monday is a “good outcome” but declined to speculate on when its oft-delayed Line 3 pipeline replacement project will be completed. The state Department of Commerce found no serious threat to Lake Superior if crude oil […]
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Enbridge Inc says it has adapted to an environment that has become increasingly challenging for pipelines. CALGARY — At a time when building new pipelines has become increasingly challenging, North America’s largest pipeline company is looking to low-risk, conservative projects for growth. “We’ve adapted to this environment… It’s not just about growth, we’re focused on […]
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Cenvous Energy’s Christina Lake oilsands facility. Company said it plans to invest between $1.3 billion and $1.5 billion, nearly 22 per cent higher compared to the mid-point of 2019 forecast Canadian oil producer Cenovus Energy Inc. said on Tuesday it would spend nearly a quarter more in 2020, after the province of Alberta lifted some […]
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