Encana makes deal with Birchcliff Energy CALGARY, June 21 (Reuters) – Encana Corp said on Tuesday it reached an agreement to sell its Gordondale oil and gas assets in northwestern Alberta to Birchcliff Energy Ltd for C$625 million ($487.98 million). The sale, which includes some 54,200 net acres of land and associated infrastructure, is set to […]
Encana sells Gordondale oil and gas assets to Birchcliff for $625m Read More »
Alberta Energy Regulator increases assets requirements for well buyers By Nia Williams CALGARY, Alberta, June 21 (Reuters) – The Alberta Energy Regulator has toughened rules determining if companies are financially strong enough to buy oil and gas assets, a move some energy industry players warned on Tuesday could hamper mergers and acquisition in the province.
Alberta Energy Regulator toughens financial test for oil, gas asset buys Read More »
Thousands of Aboriginal people work in oil and gas, First Nations’ invest in production and own hundreds of service and supply businesses CALGARY, Alberta – While much of the focus on First Nations and energy has centred on vocal opposition to pipelines, a fall conference in Calgary will try to draw attention to the many aboriginal businesses and
First Nations engagement to create ‘New West’ for Canada’s energy sector? Read More »
Trans Mountain pipeline proposal would increase oil tankers By Julie Gordon VANCOUVER, June 20 (Reuters) – The City of Vancouver said on Monday it had taken legal action against the Canadian energy regulator’s approval of Kinder Morgan’s Trans Mountain pipeline expansion, which would increase the number of oil tankers passing through city waters. In a
Vancouver takes legal action to block Trans Mountain pipeline plan Read More »
Western Pipeline closed due to wet weather, erosion CALGARY, Alberta, June 16 (Reuters) – Pembina Pipeline has shut its crude oil-carrying Western Pipeline in northern British Columbia, Canada, after wet weather and erosion exposed a portion of the line, according to a notice sent to customers on Thursday. Flood warnings are in effect for the Peace
Pembina Pipeline shuts Western Pipeline in BC Read More »
Petro-Canada lubricants division up for sale, may fetch $800 million By Mike Stone June 16 (Reuters) – Suncor Energy Inc has launched an auction of its Petro-Canada lubricants division, whose white mineral oils are sprayed on gummy bear candy to make it shiny and prevent sticking, people familiar with the matter said. The sale could
Suncor begins sale of Petro-Canada lubricants business -sources Read More »
Canadian clean energy spending down 16 per cent in 2015 By Alastair Sharp TORONTO, June 16 (Reuters) – Spending on Canadian clean energy projects fell 16 percent in 2015 compared with the record investments of the prior year and a renewed push to cut emissions may not lead to a rebound until 2018, an advocacy
Canadian clean energy spending retreats, Alberta eyed for growth Read More »
Largest single restoration project of its kind ever undertaken Cenovus Energy Inc. announced a $32 million, 10-year Caribou Habitat Restoration Project, to help protect threatened woodland caribou near the company’s operations in northeastern Alberta. This is step forward for the industry’s environmental image, a few days after this announcement, a pipeline leak of 380,000 liters of light oil
Cenovus Energy: $32 million caribou habitat initiative; largest project of its kind Read More »
Energy East pipeline review to take 21 months VANCOUVER, June 16 (Reuters) – Canada’s energy regulator on Thursday officially launched its 21-month review of TransCanada Corp’s Energy East pipeline, which would carry crude from Alberta’s oil sands to refineries and export terminals in Eastern Canada. The National Energy Board, which has faced public criticism over
NEB starts review of Energy East pipeline Read More »
ConocoPhillips Surmont project shut down in early May due to Alberta wildfire CALGARY, Alberta, June 15 (Reuters) – ConocoPhillips said on Wednesday that 73 percent of wells at its Surmont oil sands project in northern Alberta are back in production or injecting steam, with no unexpected complications or issues affecting the effort. The 60,000-barrel-per-day Surmont project
ConocoPhillips Surmount project: 73 per cent of wells online Read More »
