Canadian Natural Resources Minister Joe Oliver said the prospect of the U.S. becoming the world’s biggest crude producer will transform it from a customer into a “competitor,” underscoring the need to build Canadian pipelines to reach Asian markets. More »
Canada’s bid to become what Prime Minister Stephen Harper calls an energy “superpower” is at risk as approval delays for new pipelines threaten an industry already hurt by high costs and rival production. More »
Statoil says offshore oil finds in Eastern Canada may hint at similar reservoirs thousands of miles away in West Africa because the continents once were joined. More »
Concerns about the tank cars are higher now because of the fiery train crash in July in Lac Megantic, Quebec. More »
Talisman Energy, the Canadian oil and natural gas producer being targeted by investor Carl Icahn, agreed to sell part of its Montney acreage to Malaysia’s Petroliam Nasional for C$1.5 billion ($1.4 billion). More »
Encana will close its office in Plano, Texas, and spin off a large portion of its Alberta assets into a new public company.
Suncor Energy Inc. (SU), Canada’s largest energy company by market value, will proceed with the C$13.5 billion ($12.9 billion) Fort Hills oil sands project as it seeks to increase production. More »
More direct northern sea routes may be opening up in the Arctic, as the melting of the ice has made previously unnavigable routes a growing possibility for large ships, including tankers carrying oil and gas, an expert said Wednesday at the Third Houston Shipping and Offshore Conference. More »
TransCanada had a rupture on its NOVA gas transmission line. More »
Canadian authorities enforced an injunction at a site where a company owned by Houston-based Southwestern Energy stores equipment.
Talisman Energy shares soared in extended trading after activist investor Carl Icahn tweeted that he has accumulated a nearly 6 percent stake in the Canadian oil and gas company More »
Petroliam Nasional Bhd., Malaysia’s state energy company, is pressing ahead with plans to build a liquefied natural gas plant in the Canadian province of British Columbia. More »