Shales ///

Ovintiv faces investor test on shale after rebranding from Encana

Now based in Denver, Ovintiv Inc. will update investors Wednesday on its progress for the shale oil assets in Oklahoma it amassed after the $5.5 billion acquisition of Newfield Exploration Co. in 2018.

The last barrel

Craig Fleming, World Oil

Hope for the Canadian oil industry?

Canadian gas prices rise after new pipeline rules dampen volatility

Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Alberta pipeline system last year helped better manage flows of the fuel.

Canadian crude-by-rail shipments ready to surge, spurring new investment

Crude-by-rail capacity in Alberta is expected to grow by 100,000 bpd in December after the provincial government eased production limits for oil transported by train, the Energy Ministry said Wednesday.

Chevron’s LNG exit adds to roster of companies walking away from Canadian energy

The U.S. oil giant called time on its Kitimat LNG plant on Wednesday, saying it plans to sell its 50% stake and that the project “will not be funded by Chevron and may be of higher value to another company.”

Oil sands producers curtail spending amid production limits, export challenges

Capital spending in Canada’s oil-sands reserves look set to continue to dwindle as pipeline bottlenecks persist and the Alberta government’s production limits remain in place.

Canada rail strike ends, restoring shipments Wednesday morning

A week-long rail strike that halted shipments of oil and other goods across Canada, threatening to take a multibillion-dollar bite out of the economy, is over.

Canadian heavy crude weakens as rail strike halts shipments

The price of Canadian heavy crude weakened Tuesday as a worker strike at the nation’s largest railway curbed oil shipments, exacerbating a supply glut that’s crippled Canada’s oil industry.

Canadian regulators, producers scrutinize Enbridge’s oil-shipping plan

Enbridge’s proposed shift to long-term crude shipping contracts on its Mainline pipeline network is drawing the ire of a growing number of producers, and now Canada’s energy regulator is getting involved, which could delay the process.

Foreign oil firms bailing on Canada in $30 billion exodus

Capital keeps marching out of Canada’s oil industry, with Kinder Morgan’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years.

Hong Kong billionaire’s Husky bet loses over 80% in a decade

Hong Kong billionaire Li Ka-shing’s oil sands investment is hurting -- and some analysts are calling on him to stop the bleeding.

OPEC member fans out to Australia, Canada in global gas push

Kuwait plans to boost production from Canadian shale deposits by two thirds and increase output of natural gas in Australia as the OPEC member ramps up efforts to find and develop overseas deposits of the fuel.

Canada's rig count plunges by more than half in two weeks

Where have all the rigs gone?

Inaugural ShaleTech Canada offers unique forum for networking, technology sharing

ShaleTech Canada 2015 is the premier event for professionals working in the shale oil and gas industry in Canada, which is the world's fifth-largest oil producer.