Western Canada's Montney oil and gas region would be two to four times more productive if it was in the United States with its more efficient regulatory systems, says the CEO of Encana Corp.
A reduction in price discounts on Canadian oil following Alberta government-ordered production cuts this year has put more money in producer pockets and that's fuelling more oilpatch activity, according to the head of Ensign Energy Services Inc.
Crude-by-rail shipments from Western Canada staged a minor recovery in March after falling in February to their lowest level in nine months, but oil storage levels remain stubbornly high, according to Genscape.
The Trudeau government needs to serve up more for fossil fuel industry workers who face an uncertain future if it wants to avoid a “major blowback,” says the co-chair of a federal advisory panel on the issue.
The Alberta government has announced another easing of restrictions on oil production, saying the amount that can be produced will increase in May by 25,000 barrels per day and another 25,000 barrels per day in June.
Imperial Oil Ltd. has slowed the development of a $2.6-billion oilsands project because of uncertainty due to the Alberta government's oil production curtailment program and other challenges.
Oilsands producer MEG Energy says it has doubled its crude-by-rail shipments and will double them again to maximize prices in view of insufficient pipeline export capacity from Western Canada.
Canadian air traffic controllers have bought hundreds of pizzas for their American counterparts over the past few days in what has become an industry-wide show of support during the U.S. government's partial shutdown.
Crude oil prices in Western Canada remained elevated on Wednesday, January 2, 2019, the day after provincially mandated oil production curtailments came into force, but a government spokesman says it's too early to say how long the program will remain in place.
Climate change is prompting glaciers in British Columbia, Yukon and Alberta to retreat faster than at any time in history, threatening to raise water levels and create deserts, scientists say.
Imagine producing a bumper crop of a product in high demand around the globe, only to learn you must settle for a discounted price because there's no easy way to get your product to market.
Indigenous, rural and remote communities have been left particularly vulnerable by the end of Greyhound service in parts of Canada, a trio of federal ministers said Wednesday, as they offered temporary funding to help cover the costs of some bus routes.
A hodge-podge of public transportation services are already starting to fill the gap as Greyhound Canada moves steadily towards its midnight Halloween disappearance from most of Western Canada.