Oil & Gas
Parkland refinery ramps up processing following restart of Trans Mountain pipeline
Thursday, December 16, 2021, 6:06 AM MST
Parkland Corp. says it is ramping up processing at its B.C. refinery following the restart of the Trans Mountain pipeline.…
Saudi oil minister says global production could plunge 30% this decade
Tuesday, December 14, 2021, 6:23 AM MST
Saudi Arabia said global oil production could drop 30 per cent by the end of the decade due to falling investment…
Shell walks 'tightrope' of demands amid climate pressures
Friday, December 10, 2021, 6:24 AM MST
Royal Dutch Shell investors are expected to change the company's name Friday and approve moving its headquarters from the Netherlands…
Limits on oil production no longer needed, Alberta government says
Friday, December 10, 2021, 6:16 AM MST
Alberta will let its oil production curtailment policy expire on Dec. 31. UCP Energy Minister Sonya Savage says the province…
Alberta, Saskatchewan energy ministers promote O&G industry, innovation at WPC
Thursday, December 9, 2021, 11:25 AM MST
(Houston) — The energy ministers of Alberta and Saskatchewan provided delegates of this week’s World Petroleum Congress with a first-hand…
Savage looks ahead to the next World Petroleum Congress in Calgary
Wednesday, December 8, 2021, 3:52 PM MST
As the 23rd World Petroleum Congress in Houston comes to an end this week, Alberta Energy Minister Sonya Savage is already…
Enbridge sees two options for pipelines after contracting failed
Wednesday, December 8, 2021, 6:22 AM MST
Enbridge Inc. is evaluating two tolling options for its vast Mainline oil pipeline network after a proposal to offer long-term…
Oil, gas investments must rise to $523 billion a year, says IEF
Wednesday, December 8, 2021, 6:19 AM MST
The Riyadh-based International Energy Forum has called on companies to raise investment in oil and natural-gas production to $523 billion…
Enbridge raising quarterly dividend, approves $1.1 billion in new capital projects
Tuesday, December 7, 2021, 6:37 AM MST
Enbridge Inc. raised its quarterly dividend as it announced the approval of $1.1 billion in new capital projects. The pipeline…
BP levels sharpest criticism yet of London’s Brent crude oil market
Tuesday, December 7, 2021, 6:18 AM MST
BP plc said the world’s most important oil benchmark was experiencing ‘regular dislocations,’ in the harshest criticism ever by an…
Crescent Point Energy raises dividend and production guidance for 2022
Monday, December 6, 2021, 6:10 AM MST
Crescent Point Energy Corp. raised its quarterly dividend as it increased its production guidance for next year. The company says…
Oilpatch keeping the lid on spending amid record setting output
Friday, December 3, 2021, 6:16 AM MST
Canadian oil and gas companies have been hesitant to loosen the purse strings in spite of this fall's commodity price…
