Tag: Canada

Repsol agrees to buy Canada’s Talisman for $8.3 billion

Repsol has been seeking to spend about $10 billion on takeovers since receiving compensation in May from Argentina for the 2012 nationalization of YPF SA.  More »

Energy leaders pledge cooperation despite discord over Keystone

The three-nation talks took place as global oil prices fall to the lowest in five years, possibly putting a dent in the surge of domestic production from shale drilling.  More »

Apache will sell LNG stakes in Australia, Canada for $2.75 billon

Apache Corp. will sell its stakes in liquefied natural gas projects in Australia and Canada for $2.75 billion, marking one of its most significant steps yet toward paring back its portfolio to focus on North American activity.  More »

Enbridge lays off some Houston-area workers

The Houston-based pipeline company last week cut positions in its under-performing domestic gas pipelines and processing business unit, including jobs in the office and field locations.  More »

New railroad rebuilding business after disaster in Quebec

Central Maine and Quebec Railway spent $10 million on track improvements over the summer to increase train speeds that had been lowered to 10 mph in some places because of deferred maintenance.  More »

EOG sells pair of Canadian assets for $410 million

EOG Resources sold assets in Manitoba and Alberta in a pair of deals that earned a combined $410 million for the Houston-based exploration and production company.  More »

Enbridge surges after asset shift, dividend boost

Enbridge said yesterday it plans to move C$17 billion worth of Canadian liquids pipelines to the Enbridge Income Fund to help pay for capital investment.  More »

Oil boom triggering cowboy shortage across Canada

There’s been a lot of attention paid to how Canada’s oil boom has helped make gasoline cheaper. What many people may not realize is that the boom is also driving up the prices they pay for burgers and steaks.  More »

Halliburton-Baker Hughes deal would rank among top 20 energy deals of last 20 years

Data shows that the 20 biggest oil and gas deals of the last century have all been announced since 1998.  More »

Canadian heavy oil boosted as Imperial shuts Kearl operation

Operations were suspended after vibrations were detected in an ore crusher unit at the site, the company said in an e-mailed statement.  More »

Blackfeet urge government to cancel energy leases

Blackfoot tribal leaders from Canada and Montana are calling on the U.S. government to cancel oil and gas leases on sacred land near Glacier National Park, as a lawsuit works its way through the federal courts.  More »

US tribes testify against Canada pipeline

Kinder Morgan Canada has proposed a $5.4 billion expansion of its existing Trans Mountain pipeline, which links oil from Alberta’s tar sands to the Vancouver, British Columbia-area.  More »

Wisconsin man to bike Enbridge pipeline path in protest

The 80-year-old man is biking through counties where the Canada-based company’s crude oil Pipeline 61 could be built.  More »

Shale boom weans U.S. from foreign oil, creates new opportunities

Although the U.S. is far from achieving anything close to full energy independence, the rapid resurgence in domestic oil and gas production has slashed the nation’s reliance on foreign oil in a short period of time and created new opportunities for refineries and pipeline companies, an energy analyst said Thursday.  More »

Citigroup sees $1.1 trillion stimulus from oil plunge

Crude prices are plunging amid signs that OPEC won’t act to eliminate a surplus as global growth slows.  More »
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