CALGARY — Canada’s largest oil producers are calling on the Alberta government to reward companies that commit to adding crude-by-rail capacity by easing their oil curtailment levels.
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By Dan Healing The Canadian Press
CALGARY — Ottawa’s approval of the Trans Mountain pipeline expansion pleased business leaders on Tuesday but they say they will hold off on popping champagne corks until construction begins on new pipe from Edmonton to the West Coast.
CALGARY — Observers on the front lines of Western Canada’s oil and gas sector are looking forward to what’s widely expected to be approval of the Trans Mountain pipeline expansion on Tuesday.
But they acknowledge the expected decision by the Liberal caucus in Ottawa won’t solve all their problems.
CALGARY — One of Canada’s largest producers of plastics says there will be plenty of room for future growth in output despite a proposal by Ottawa to ban certain single-use plastic products by 2021.
CALGARY — A court ruling in Minnesota that could further delay Enbridge Inc.’s Line 3 oil pipeline replacement project spells more bad news for Canadian oilfield workers, says the CEO of the Petroleum Services Association of Canada.
CALGARY — The southern Alberta city of Medicine Hat is pulling the plug on a $13-million concentrated solar power facility after operating it for about five years.
CALGARY — Direct employment in Canada’s oil and gas sector is expected to fall by more than 12,000 jobs this year, according to a new report from PetroLMI.
The number of workers is forecast to drop to about 173,300 in 2019, a decline of 23 per cent from 226,500 in 2014, according to the 2019 labour market update published Monday.
CALGARY — A First Nations consortium planning to offer $6.8 billion for majority ownership of the Trans Mountain pipeline and its expansion is welcoming federal government principles for Indigenous buyers announced Monday.
CALGARY — Chuckwagon drivers and sponsors are hoping for the best as clouds of political and energy industry uncertainty gather ahead of the Calgary Stampede canvas auction tonight.
CALGARY — Oil production cuts announced by the Alberta government will have the desired outcome of reducing steep price discounts on western Canadian crude, but will also create winners and losers, financial analysts say.
Shares in the companies most likely to benefit from the move to curtail crude production starting Jan. 1 soared Monday as oil price differentials plunged.