North America may be in the midst of an energy renaissance, but that could be slowed or derailed by several limitations, including nature. More »
The board’s decision allows Enbridge to move 300,000 barrels of crude oil per day from Sarnia, Ontario, to Montreal.
The United States’ speed in standing up projects to export American natural gas may depend on your vantage point. If you’re a Canadian worried about competing with American producers to sell natural gas overseas, U.S. regulators are moving at a quick pace. More »
A final decision on Keystone XL could be coming “fairly soon,” Canadian Natural Resources Minister Joe Oliver speculated Tuesday. More »
Train shipments of crude are under review across North America after a U.S. emergency order requiring new safety measures to prevent accidents. More »
The Keystone XL southern leg has delivered its first barrels of Canadian oil to the Texas coast, even though the project still lacks its planned northern leg into Canada, TransCanada’s CEO said in an interview. More »
Apache Corp. President and CEO G. Steven Farris announced Tuesday that the company expects to reduce its stake in an LNG project in Canada as part of a strategy that continues to shift the company’s focus towards North American, onshore liquid production. More »
Canadian Natural Resources Ltd., the nation’s biggest producer of heavy oil, agreed to buy Devon Energy Corp.’s conventional oil and natural-gas fields in Canada for $2.86 billion in cash. More »
Enbridge Inc., the largest transporter of Canadian crude to the U.S., reported its first quarterly loss in two years on hedging contracts. More »
With limited pipeline options to ship oil sands crude out of Canada, Exxon Mobil Corp. plans to move up to 100,000 barrels per day of Canadian oil using a new rail terminal that should be running by 2015, an executive said Thursday. More »
Total SA (FP) urged the U.S. to approve the $5.4 billion Keystone XL pipeline to unplug a bottleneck that’s stalling the development of Canadian oil sands. More »
A Chapter 11 trustee had said the goal was to recoup losses for creditors while keeping the entire rail line in operation.