Canada ///
The Permian basin isn’t the only oil field facing pressure from pipeline bottlenecks.
After years of suffering through plunging energy prices and declining spending by oil-sands companies, Canada’s oilfield-service industry is seeing a light on the horizon.
A colossal Canadian oil-sands project may be showing the way forward for an industry many thought would never see new investments.
Canadian crude prices are plunging once again as repairs were completed on Alberta’s second-biggest oil sands upgrader and production surged from a new mine.
Total, together with its partners, has agreed to sell the Joslyn oil sands project in Alberta, Canada, to Canadian Natural Resources Limited (CNRL) for an overall consideration of C$225 million.
Canada is finding new customers for its Newfoundland oil.
The Trans Mountain pipeline, which Justin Trudeau’s government is purchasing from Kinder Morgan, faces a major test on Thursday as a court decides if the conduit’s long-awaited expansion can advance or gets delayed for years.
Wavefront Technology Solutions Inc., the advanced IOR and EOR company, has commenced the previously announced powerwave well stimulation campaign in India.
TransCanada Corp. won a 49% price increase for space on the pipeline it’s building to haul shale gas from Appalachian fields as labor shortages and escalating land prices pushed construction costs almost $1 billion higher.
Fugro has successfully completed the geophysical acquisition portion of a 2018 Carson Basin seep hunting program in offshore eastern Canada.
Royal Dutch Shell Plc’s giant liquefied natural gas project in western Canada may be grabbing the headlines, but a smaller rival in the east is busy lining up another customer from Europe.
Investors have been pushing Canadian energy companies to merge so they can cut costs and combine resources. That isn’t going so well this year.
Canadian heavy oil is the weakest in almost five years, leading Canada’s largest producer to focus on drilling for lighter crude.
Canada’s economy grew at the fastest pace in a year with gains led by crude oil, further evidence of a solid expansion even as trade tensions with the U.S. remain a threat.
TGS and PGS announce the commencement of a new 3D multi-client project in East Canada. The Lewis Hills 3D Geostreamer survey will cover approximately 3,400 km² in an active Newfoundland area of the Flemish Pass basin.
Suncor Energy Inc. managed to largely allay investors’ concerns over the most recent production problem at its massive Syncrude facility by highlighting its increasing cash flow and returning more of those funds to shareholders.
TGS announces expansion of its 2018 onshore seismic survey Dawson Phase II in Canada.
A LNG terminal in British Columbia will re-focus people on Canadian gas, according to the manager of $377 million in assets for Bank of Nova Scotia.
A major Mexican pipeline opened this week after almost two years of delays. That’s the good news for drillers across the border who are seeking an expanded market for natural gas siphoned from the pent-up Permian basin.
Superior Silica Sands LLC, a subsidiary of Emerge Energy Services LP, has announced that it has signed an agreement with a third-party logistics provider, Torq Energy Logistics Ltd., to open a new frac sand terminal in Buick, British Columbia.