Oil demand will reach 101 million barrels per day in 2020, OPEC’s World Oil Outlook (WOO) has said.
Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years.
Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design that it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world.
A former vice president of Marathon Oil has joined the board of Scottish firm Cairn Energy.
An oil and gas firm has uncovered a dinosaur skeleton amid an excavation in Canada.
While Alberta’s plan to mandate OPEC-style production cuts already is boosting oil prices and shares, the revival of Canada’s resource nationalism adds another layer of risk for investors to consider.
Almost two years after Exxon Mobil Corp. removed billions of barrels of oil-sands crude from its reserves, its Imperial Oil Ltd. unit is investing again, saying low Canadian crude prices that scared off the other majors make it a perfect time to build.
$20 Oil? Welcome to Canada, Where crude prices haven't recovered.
Shell said today that it had taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia.
The developers of a £23.8 billion project to export Canadian natural gas are taking on a bold strategy: build now and worry about buyers later.
An Aberdeen-based oil field technology firm has re-entered the Canadian market after being buoyed by a recent investment.
Saudi Arabia has ordered the Canadian ambassador to leave the ultraconservative kingdom within 24 hours after his nation criticised the recent arrest of women's rights activists.
Canadian oil firm Husky has booked the Henry Goodrich rig for another year for a job off the country’s east coast. The contract is expected to start in the fourth quarter. Transocean said the contract backlog was $100 million.
A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a C$40 billion ($30 billion) liquefied natural gas terminal that could at last unlock energy exports to Asia.
Canadian authorities said drilling was suspended on a well off the east coast following an unauthorised discharge of synthetic based drilling mud (SBM).
Enbridge Inc.’s decision to implement and then scrap new rules governing Canada’s biggest export pipeline system sent crude prices on a record roller coaster move this week, earning the pipeline operator both friends and enemies.
Malaysian oil firm Petronas will snap up a 25% stake in an LNG project in Canada.
Canada will buy Kinder Morgan Canada Ltd.’s Trans Mountain oil pipeline and its controversial expansion project for C$4.5 billion ($3.5 billion) in a bid to ensure it gets built amid fierce opposition.
Kinder Morgan Inc.’s proposed expansion of an oil pipeline to Canada’s Pacific Coast will never happen because local opposition to the project that’s dividing the nation is only going to intensify, according to the mayor of Vancouver.
Prime Minister Justin Trudeau plans to start talks with Kinder Morgan Inc. to backstop the Trans Mountain pipeline after failing to end a spat between Canadian provinces that put the vital project at risk.
Canada’s energy companies can’t get any love, even from many Canadians.
Once recreational marijuana becomes legal in Canada, Garnet Amundson says it will get a lot harder to find the workers he needs at Essential Energy Services Ltd. And he isn’t the only employer who’s worried.
Oil giant BP has announced the appointment of its new regional president, Starlee Sykes, whose role will cover the US Gulf of Mexico and Canada.
Husky Energy has been ordered to suspend operations on the SeaRose vessel off Canada's east coast after a near miss with an iceberg.
The largest energy trading partner to the United States is Canada, according to the US Census Bureau annual data report.