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TransCanada hopes to start construction on Keystone XL pipeline by June

TransCanada Corp. is hoping to start construction by June on its decade-old Keystone XL oil pipeline project, even as the U.S. government shutdown threatens to delay a key legal proceeding. In a…

427 Truck Convoy For The Yellow Vests

427 trucks in total! A large number of individuals and local business' got together to hold a convoy through Estevan. It was to show solidarity with the Yellow Vest movement that has been taking…

Yellow Vests Gain Support

The Yellow Vest movement has found it's way to the Energy City. A rally was held last Saturday in front of the city hall building with many individuals from Estevan and the surrounding area showing…

Ottawa offers $1.6B backstop for energy sector as political tensions with Alberta fester

CBC News · Posted: Dec 18, 2018 12:19 PM ET | The federal government is promising more than $1.6 billion — most of it in loans — to support the ailing energy sector, but it's unlikely to ease the…

Lukewarm reception in Alberta

During a separate announcement in Calgary, ​Notley said Ottawa isn't listening to what her province and the energy sector actually need. The enhanced access to capital "will probably" help some small…

Ottawa offers $1.6B backstop for energy sector as political tensions with Alberta fester

We didn't ask for the opportunity to go further into debt,' says Alberta premier CBC News · Posted: Dec 18, 2018 12:19 PM ET | Last Updated: an hour ago The federal government is promising more than…

Latest Numbers from December's Public Offering Released

The latest numbers are in for December's public offering of crown petroleum and natural gas rights generating $20.1 million for the province. While most of the attention was placed in the Wilkie and…

Yellow Vest Movement Protests Against Government

There was attention drawn to City Hall this Saturday afternoon where a group of protesters called the Yellow Vest Movement took a stand on what is happening in Canada. "We are protesting a few things…

6 things to know about Canada's oil-price gap, from gluts to the differential

Here's what you need to know about the historically low prices The Canadian Press · Posted: Dec 03, 2018 6:37 PM MT | Last Updated: December 3 Here's everything you need to know about the low prices…

Two key Canada-to-U.S. oil pipelines hit by disruptions

NEW YORK/VANCOUVER (Reuters) - Two major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada’s oil industry just days…

Canadian oil producers trade shares for growth but investors hard to impress

WINNIPEG/TORONTO (Reuters) - Depressed Canadian oil prices are forcing energy companies to use their shares as a currency to fund acquisitions, but investors have been hard to win over to the…

'I'm afraid for Canada': Energy CEOs losing patience with country's indifference to oilpatch's plight

Executives say Canada doesn't support the industry, and one says Trudeau's government actually has no interest in getting the Trans Mountain pipeline built. The Canadian oilpatch is losing patience…

BP Refineries Run at 15-Year High to Gain From Cheap Canadian Oil

By Javier Blas October 30, 2018, 2:26 AM CST Western Canadian crude traded at a large discount to WTI BP profits from cheap Canadian oil thanks to Whiting refinery BP Plc ran its oil refineries at…

C$ weakens for 3rd straight day as stocks and oil slide

* Canadian dollar dips 0.2 percent against the greenback * Price of U.S. oil falls 0.8 percent * Bond prices trade mixed across the yield curve * Canada-U.S. 2-year spread widens by 1.4 basis points…

Canadian dollar shakes off plunge in oil as investors brace for rate hike

TORONTO (Reuters) - The Canadian dollar edged higher against its U.S. counterpart on Tuesday as investors maintained bets that the Bank of Canada will hike interest rates on Wednesday even as oil…

Canada's Largest Oil Refinery Shut After Diesel Unit Blast

By David Marino October 8, 2018, 8:41 AM CST Updated on October 9, 2018, 3:00 AM CST Irving Oil Corp.’s refinery in New Brunswick, a major supplier of fuel to the northeastern U.S., was shut after an…

Cenovus Signs Oil-by-Rail Deals Amid Canadian Pipeline Pinch

By Robert Tuttle September 26, 2018, 5:11 PM CST Updated on September 27, 2018, 11:03 AM CST Cenovus Energy Inc. signed deals to transport about 100,000 barrels a day of heavy crude by rail to the…

Canada heavy crude discount hits widest level on record

(Reuters) - The Canadian heavy oil differential closed at its widest point on record against the West Texas Intermediate (WTI) benchmark on Monday in thin trade, as transportation constraints…

Oil prices at highest levels in 4 years after OPEC says it won't raise output

Oil prices were at their highest levels since 2014 in trading Monday, after the Organization of Petroleum Exporting Countries decided not to raise output. In a meeting Sunday in Algiers, OPEC…

Futures rise on higher oil prices, trade fears limit gains

Sept 17 (Reuters) - Stock futures for Canada’s main index rose on Monday as energy shares gained on the back of rising oil prices, but the rise was capped by lingering U.S.-China trade war fears. Oil…

Canadian dollar steadies ahead of trade news as investors bet on volatility

TORONTO (Reuters) - The Canadian dollar was little changed against its U.S. counterpart on Monday as investors sat tight ahead of potential news on trade after buying option structures in recent days…

USD Partners moving ahead with Canada crude by rail expansion

(Reuters) - USD Partners LP has begun expansion work at one of Canada’s largest crude by rail loading terminals, which will boost capacity at the facility by 50 percent and be completed by year end,…

Duncan Comments on Crescent Point Announcement

Crescent Point Energy announced Wednesday they would be reducing their workforce by 17 percent and making other changes as part of their new strategic plan. Weyburn-Big Muddy MLA and Environment…

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