US Judge Orders Review Of TransCanada's Keystone XL Pipeline Route

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.

Aug 17 2018 - 9:43am

Swiss Utility In LNG Supply Talks With Canada's Goldboro Project

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.

Aug 16 2018 - 9:21am

Canada To Consider Steel Safeguard Response To US Tariffs

Safeguards considered a blow to country’s oil industry.

Aug 15 2018 - 9:20am

Ensign Launches C$947 Million Takeover Bid For Trinidad Drilling

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.

Aug 13 2018 - 11:15am

Human Rights Dispute Won’t Impact Oil Supply To Canada: Saudi Energy Minister

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.

Aug 9 2018 - 8:33am

MEG Energy Names Derek Evans As CEO

MEG Energy Corp.’s board of directors has unanimously appointed Derek Evans to the position of president and CEO on Aug. 8, effective immediately.

Aug 9 2018 - 8:19am

Oil Sands Outlook Promising, Despite Pipeline Constraints

Production out of western Canada may slow down along with infrastructure development, but IHS Markit forecasts a bright future.

Aug 6 2018 - 9:45am

Enbridge Tops Quarterly Profit Estimates On Cost Controls

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.

Aug 3 2018 - 8:27am

TransCanada Reports 11% Drop In 2Q Profit

Company sells stake in Cartier wind power plants.

Aug 2 2018 - 10:02am

Study: Canada’s Importance To Heavy Oil Markets Rises

Uncertainty about takeaway capacity looms over further investment decisions.

Jul 30 2018 - 9:59am