Canada ///

Fugro reports successful licensing of seep, geochemical data before Canada's bid round

Fugro and partner, amplified geochemical imaging (AGI), have reported recent success selling licences for data from a frontier region offshore Canada.

Senator eyes oil tax to punish Canada over Alaska drilling clash

As Alaska’s congressional delegation worked feverishly last year to achieve the decades-long dream of drilling for oil in the Arctic National Wildlife Refuge, they came across a formidable opponent: Canada.

Shell to sell its Canadian Natural Resources stake for $3.3 billion

Royal Dutch Shell has agreed to sell out of oil-sands producer Canadian Natural Resources.

Encana skirts North American pipeline mess to protect prices

Encana Corp. has so far avoided the pipeline bottlenecks that are damping prices for Permian crude and Canadian natural gas, thanks to the company’s hedging program and transportation agreements.

Oil sands get taste of slower growth ahead as logjams hit output

Canada’s oil sands are getting a taste of their slower-growth future.

Canadian rail union discussions near deadline as strike looms

Canadian Pacific Railway is trying to hammer out a deal with two unions to avoid a labor strike that threatens to disrupt Canada’s second largest railroad for the second time in three years.

Trudeau is set on saving oil pipeline

Canadian Prime Minister Justin Trudeau and Alberta Premier Rachel Notley have signaled they could put money behind Kinder Morgan’s Trans Mountain pipeline expansion as they vow to make sure it gets built.

Canadian oil recovery faces new threat from possible railroad strike

A potential strike by Canadian Pacific Railway workers threatens a recovery in Alberta’s discounted heavy oil prices.

Oil cutoff threatened as Canada provinces feud over pipeline

Canada’s inter-provincial fight over the Trans Mountain pipeline escalated as oil-producing Alberta threatened to cut off fuel shipments to neighboring British Columbia.

Fidelity likes CP rail for crude opportunity amid pipeline spat

A $5.5 billion investment fund is buying railroad stock as a pipeline spat increases the likelihood that companies will need rail to get their oil to market.

Alberta plan to cut oil shipments would ripple across west coast

Alberta’s plan to cut crude shipments to BC could cause pump prices to surge and shift the flow of international crude.

Vermilion to buy Spartan Energy for $860 million in stock

Vermilion Energy agreed to buy Spartan Energy for $860 million in stock in the largest oil and gas company takeover in Canada this year.

Trudeau seeks talks with Kinder to get pipeline to Pacific built

Prime Minister Trudeau plans to start talks with Kinder Morgan to backstop the Trans Mountain pipeline after failing to end a spat between Canadian provinces that put the project at risk.

"Extinction" predicted for Canada energy industry without M&A

Investors have bailed on the Canadian energy sector, although mergers & acquisitions (M&A) north of the border could provide a much needed catalyst, barring pipeline and political developments.

Canadian GDP unexpectedly shrinks as oil and housing output drop

Canada’s gross domestic product unexpectedly shrank in January, as the economy faces a broad slowdown after surging last year. GDP contracted 0.1% during the month, Statistics Canada reported Thursday in Ottawa, weighed down by sharp declines in oil production and real estate. Economists anticipated a 0.1% gain.

UTEC provides operator with real-world, virtual access to Canada's largest FPSO

UTEC, a global survey company in subsea services group Acteon, has delivered a bespoke Virtual Asset Management tool to an offshore Operator in Eastern Canada, to allow its team to remotely access its Floating, Production Storage and Offloading (FPSO), from their desktop.

Alberta looks beyond oil as crash leaves balanced budget far off

Alberta is looking beyond its oil industry as it works to end years of red ink. Still, a recovery to balanced budgets is a long ways off.

Shell wooed by British Columbia with tax cuts for LNG project

British Columbia Premier John Horgan lightened the tax burden on proposed liquefied natural gas projects as his government seeks to convince Royal Dutch Shell Plc to move ahead with a C$40 billion ($31 billion) development in the western Canadian province.

Texas Alliance contacts Trump regarding NAFTA negotiations, steel tariffs

The Texas Alliance of Energy Producers continues to monitor NAFTA trade negotiations and steel tariffs. It was just last month the TAEP Board passed a resolution asking the U.S. government to recognize the importance of oil and gas exports under NAFTA.

Canadian crude is finding a new way to Asia without a pipeline

Canadian oil producers found a way to access the growing Asian energy market without the controversial Trans Mountain pipeline.