http://www.worldoil.com WorldOil 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. 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. Noia requests response from Canadian PM Trudeau on urgent requests for help https://www.worldoil.com/news/2020/6/3/noia-requests-response-from-canadian-pm-trudeau-on-urgent-requests-for-help Noia wrote Prime Minister Justin Trudeau to request a response to pleas from the industry and the Government of Newfoundland and Labrador to provide assistance to help the offshore oil and gas industry recover from COVID-19 and remain globally competitive. 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. Cryopeak LNG Solutions breaks ground on new LNG production facility https://www.worldoil.com/news/2020/4/3/cryopeak-lng-solutions-breaks-ground-on-new-lng-production-facility Cryopeak LNG Solutions Corporation, based in Richmond BC, has begun construction of a new LNG production facility located in Fort Nelson, BC, capable of producing up to 90,000 gallons of LNG per day. Husky suspends West White Rose project on Covid-19 concerns https://www.worldoil.com/news/2020/3/20/husky-suspends-west-white-rose-project-on-covid-19-concerns Husky Energy announced that it will begin a systematic and orderly suspension of major construction activities related to the West White Rose Project. Canadian operators cut nearly $2.5 billion from 2020 budgets https://www.worldoil.com/news/2020/3/15/canadian-operators-cut-nearly-25-billion-from-2020-budgets Canadian oil and gas companies are cutting C$2.4 billion to C$3.5 billion ($1.7 billion-$2.5 billion) from their budgets for this year as low prices make most production unprofitable. Canada’s LNG dreams fade as blockades add new costs to industry https://www.worldoil.com/news/2020/3/6/canada-s-lng-dreams-fade-as-blockades-add-new-costs-to-industry Hopes that Canada could turn into a gas export powerhouse seem to be waning fast. TGS completes carbon capture storage assessment in Canada https://www.worldoil.com/news/2020/3/2/tgs-completes-carbon-capture-storage-assessment-in-canada The objective of the study was to provide the most up-to-date understanding of geological carbon storage locations, onshore and offshore, throughout the province of British Columbia. The last barrel https://www.worldoil.com/magazine/2020/january-2020/columns/the-last-barrel Hope for the Canadian oil industry?