WorldOil Canadian Natural Resources buys Cenovus' Pelican Lake project for $787 million Canadian Natural Resources Ltd. agreed to buy Cenovus Energy Inc.’s Pelican Lake heavy-oil project and other assets in northern Alberta for C$975 million ($788 million), bulking up its operations in the area. Canada continues its fight for recovery during arduous times Amid increasing political uncertainty and a stagnant unemployment rate, Canadian operators are still fighting to regain EandP stability and drive pipeline projects forward. CNOOC announces the start of production at Hangingstone in Alberta CNOOC Limited has announced that the Hangingstone project in Canada has already commenced production. Petronas halts $29-billion western Canada LNG project Malaysian state-owned energy company Petronas will not proceed with a proposed C$36-billion ($28.8 billion) liquefied natural gas (LNG) project in western Canada because of weak global prices, the company said on Tuesday. Kinder Morgan's Trans Mountain pipeline to see little progress this year No major construction will happen on Kinder Morgan Canada Ltd's Trans Mountain pipeline expansion this year, although construction remains on schedule to begin in September, company President Ian Anderson said on Wednesday. Apache Corp. announces exit from Canada Apache Corporation has announced that it will complete an exit from Canada upon the closing of three recent transactions. Industry, government collaboration key to competitiveness of Alberta’s energy sector The provincial government and the energy industry could create more than 24,000 new jobs for Albertans and grow the province’s economy by nearly $5 billion over the next three years by working together to enhance the competitiveness of Canada’s leading trade sector, according to report, A Competitive Policy and Regulatory Framework for Alberta’s Upstream Oil and Natural Gas Industry, by the Canadian Association of Petroleum Producers (CAPP). Alberta Premier Notley fires back at opposition during GPS, touts accomplishments In an appearance just three weeks after the two-year anniversary of her New Democratic Party gaining a majority in the Province’s Legislative Assembly, Alberta Premier Rachel Notley spoke on Wednesday about her administration’s accomplishments and seemed to be issuing a rebuttal to her official opposition. Alberta’s opposition leader outlines his energy vision at Global Petroleum Show The organizers of Canada’s largest oil and gas event, the Global Petroleum Show (GPS), tried something new this year by staging a speaker series directly on the exhibition floor, in Hall E. There, on a makeshift stage, “thought leaders” would share their ideas, opinions and expertise on a variety of topics facing the energy industry. Alberta regulator to review challenge to Kinder Morgan IPO The Alberta Securities Commission is reviewing an environmental group’s request to halt a $1.28 billion share sale that Kinder Morgan Inc. plans to help finance the expansion of its Trans Mountain pipeline.