http://www.worldoil.com WorldOil O’Regan says Canada working with U.S. to advance pipeline plans https://www.worldoil.com/news/2020/7/24/o-regan-says-canada-working-with-us-to-advance-pipeline-plans Canada’s Natural Resources Minister Seamus O’Regan said he’s in talks with the U.S. Secretary of Energy Dan Brouillette about finding a path to move ahead with oil pipeline projects, the Globe and Mail reported. Canada restarts 200,000+ barrels of shut-in oil sands production https://www.worldoil.com/news/2020/7/8/canada-restarts-200-000plus-barrels-of-shut-in-oil-sands-production At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day of output. U.S. pipeline challenges “pretty disturbing” for oil producers in Canada https://www.worldoil.com/news/2020/7/7/us-pipeline-challenges-pretty-disturbing-for-oil-producers-in-canada Crude from Canada's oil sands is almost entirely shipped through U.S. pipelines to refineries in the Midwest and Gulf Coast. The lack of enough shipping capacity has been the dominant problem facing the industry for the past several years. ConocoPhillips to restore curtailed production as oil prices rise https://www.worldoil.com/news/2020/6/30/conocophillips-to-restore-curtailed-production-as-oil-prices-rise The company will bring back output in Alaska and other states next month, with Canadian production coming back in the third quarter. “Given ongoing variability and uncertainty in the outlook for production curtailments, the company will continue to suspend forward-looking guidance and sensitivities,” Conoco said in a statement Tuesday. Kenney pushes to diversify Alberta’s oil-dependent economy https://www.worldoil.com/news/2020/6/30/kenney-pushes-to-diversify-alberta-s-oil-dependent-economy Alberta Premier Jason Kenney is using the Covid-19 pandemic to accelerate efforts to diversify his oil-dependent economy, a change of emphasis for a leader who once pledged to return the Canadian province to fiscal discipline. Canada’s oil transport shortage solved by new pipelines, reduced demand https://www.worldoil.com/news/2020/6/23/canada-s-oil-transport-shortage-solved-by-new-pipelines-reduced-demand The pandemic-induced oil crash prompted Canadian companies to cut about 1 million barrels of daily crude output, freeing up space on the country’s previously congested pipelines. With that production likely slow to return and as many as three new conduits slated to be built in the next three years, the industry may have years of cheap, plentiful shipping capacity ahead. Canadian banks’ exposure to oil surges as credit lines are tapped https://www.worldoil.com/news/2020/6/4/canadian-banks-exposure-to-oil-surges-as-credit-lines-are-tapped Canadian banks’ exposure to oil and gas loans has surged to a record as energy firms tapped credit lines to combat plunging oil prices. Weekly Preview podcast: How prepared is the industry for an oil price rebound? https://www.worldoil.com/news/2020/5/29/weekly-preview-podcast-how-prepared-is-the-industry-for-an-oil-price-rebound Our look ahead the coming week, including how drillers' ability to react to an increase in oil and gas demand could be impacted by technical and manpower limitations, and what key OPEC players have in store for the first week of June. Alaskan and Canadian oil finds new Chinese buyers as their economy restarts https://www.worldoil.com/news/2020/5/20/alaskan-and-canadian-oil-finds-new-chinese-buyers-as-their-economy-restarts Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels. Enbridge cuts jobs, defers capex spend as falling demand limits oil flows https://www.worldoil.com/news/2020/5/7/enbridge-cuts-jobs-defers-capex-spend-as-falling-demand-limits-oil-flows Enbridge Inc., North America’s largest pipeline operator, is cutting jobs, lowering executive pay and deferring some capital spending as measures to fight the Covid-19 virus reduce oil flows on its system and slow down construction.