Canada ///

Keystone pipeline springs leak as extension decision nears

Days before Nebraska regulators are set to rule on TransCanada Corp.’s XL extension to its Keystone pipeline, the existing conduit has sprung a major leak.

Africa Oil Corp. acquires shares of Eco Oil & Gas

Africa Oil Corp. today announced that it had acquired 29,200,000 common shares of Eco (Atlantic) Oil and Gas Ltd. for CAD$0.48 per common share.

Intelligent artificial lift systems improve digital oilfield operations

Srikanth Mashetty, Rockwell Automation

As oil prices remain ‘lower for longer,’ intelligent systems help optimize production.

TransCanada's hurry up-and-wait Keystone XL status outweighs result

The company is awaiting a key approval from regulators in Nebraska on whether the long-delayed Keystone XL oil pipeline can proceed. That would be one of the last dominos to fall in an almost decade-long push to build a pipeline to bring more crude from Canada’s oil sands to U.S. Gulf Coast refineries. In the meantime, the company posted third-quarter results that met analysts’ estimates, and said it placed two smaller conduits into service.

TransCanada eyeing new names that lose "Canada"

TransCanada Corp., which diversified heavily into the U.S. with its $10.2-billion Columbia Pipeline Group Inc. acquisition last year, is seeking trademarks on new company names that would excise its home country.

Chevron not giving up on Canada, plans shale push

Chevron Corp. is planning a significant drilling program in the Duvernay shale formation, marking a vote of confidence in Canada’s energy industry in a year when it joined other majors in selling assets there.

East Canadian association urges members to press officials about “crippling” legislation

The following note was sent on Friday, Nov. 3, to members of the Newfoundland & Labrador Oil & Gas Industries Association (Noia), by Noia Chairman Andrew Bell.

TransCanada to pressure Alberta on Keystone capacity

TransCanada Corp. is pressing the Alberta government to buy capacity in its Keystone XL pipeline, seeking the same type of support the province had pledged for its canceled project to the Atlantic coast, people familiar with the matter said.

Oil-sands buyout spree paying off as acquisitions boost output

The acquisition spree that returned much of Alberta’s oil sands to Canadian hands is so far working out as the buyers projected, with results at Canadian Natural Resources Ltd. and Cenovus Energy Inc. beating expectations on the back of higher output and lower costs.

Nalcor Energy issues request for proposals for future use of Bull Arm Fabrication Site

As part of its planning for the future use of the Bull Arm Fabrication Site, Nalcor Energy issued a request for proposals (RFP) today to identify the next potential tenant(s) to lease the Site.

Keystone champion named CEO at oil-sands giant Cenovus

Alex Pourbaix, a driving force behind TransCanada Corp.’s Keystone XL pipeline, has been named CEO at Cenovus Energy Inc., taking the reins as the company seeks to rebuild investor confidence following its $13.3-billion oil-sands buy earlier this year.

Fugro applies seeps expertise to Canada's growing offshore industry

Fugro has teamed up with Amplified Geochemical Imaging (AGI) to acquire offshore hydrocarbon seep data in advance of Canada’s 2018 east coast bid round.

ESAI Energy foresees the end of oil sands mega projects

ESAI Energy forecasts growth from the Canadian oil sands will be a substantial 250,000 bpd in 2018, but as producers face challenges associated with relatively high costs in a recovering oil price environment, oil sands projects in the next few years will be leaner and smaller.

NOIA asks members to contact officials over "crippling" environmental proposals

Fearing that Canadian federal officials could upset the relatively healthy Newfoundland and Labrador offshore sector, the Newfoundland and Labrador Oil & Gas Industry Association (NOIA) is calling on its membership to contact these officials and bombard them with comments and concerns.

MHWirth secures contract for West White Rose Project offshore Canada

MHWirth AS, a company owned by Akastor ASA, has received a contract from Wood Group Canada for delivery of a drilling package, including equipment, engineering and services for the West White Rose Project offshore Canada.

Cenovus closes in on paying off Conoco deal with asset sale

Cenovus Energy Inc. agreed to sell its Palliser crude field to Schlumberger Ltd. and Torxen Energy for C$1.3 billion ($1.04 billion), advancing efforts to pay down debt from its oil-sands mega deal earlier this year.

Canadian oil's high-priced run set to end as supply surges

Canadian oil-sands producers enjoying the strongest market for heavy crude since 2008 will soon face a renewed glut.

BNP Paribas to halt shale oil financing

BNP Paribas SA promised to stop financing shale and oil sands projects as part of its latest efforts to tackle climate change.

TransCanada ends pipeline project, sees $801 million charge

TransCanada has scrapped its Energy East Pipeline and Eastern Mainline projects, oil and natural gas conduits that have faced regulatory hurdles in Canada and stiff opposition from environmental groups.

Cubility signs distribution agreement for solids control technologies in U.S., Canada

Cubility AS, a provider of solids control solutions that improve drilling efficiency, solids control and HSE around the drilling process, has announced two exclusive distribution partnerships with Calgary-based New Tech Solids Inc and Houston-based Stage 3 Separation.