A federal judge in Montana has ordered the U.S. State Department to do a full environmental review of a revised route for the Keystone XL oil pipeline, possibly delaying its construction and dealing another setback to TransCanada Corp.
Axpo, a Swiss utility and energy trader, said on Aug. 16 it was in talks with a Canadian company planning to build a LNG terminal on the country's East Coast for a 10-year supply deal.
Safeguards considered a blow to country’s oil industry.
Analysts with Tudor, Picking, Holt & Co. said Ensign’s proposed acquisition of Trinidad would create one of the largest North American land drillers with critical mass in many key international markets.
A dispute over human rights in Saudi Arabia will not have any impact on Saudi oil supplies to Canada, its energy minister said on Aug. 9.
MEG Energy Corp.’s board of directors has unanimously appointed Derek Evans to the position of president and CEO on Aug. 8, effective immediately.
Production out of western Canada may slow down along with infrastructure development, but IHS Markit forecasts a bright future.
Canada’s top pipeline operator Enbridge Inc. (NYSE: ENB) beat analysts’ estimates for quarterly profit by reining in costs, and said it completed 40% of its Line 3 pipeline replacement work.
Company sells stake in Cartier wind power plants.
Uncertainty about takeaway capacity looms over further investment decisions.