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Regional News: Canada

 
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Canada's New Brunswick Province Bans Fracking, Plans Study
Thursday, March 26, 2015 Lawmakers in New Brunswick voted to prohibit fracking in the eastern Canadian province, committing to study the method for one year before reconsidering the ban in 2016.

Alberta To Pick New Oil Marketers By End-May After Nexen Trading Shutdown
Tuesday, March 24, 2015 The Alberta government will decide before the end of May which companies will take over contracts to market the Canadian province's crude, a spokesman says.

Calgary Stampede Feeling The Impact Of Oil Price Plunge
Friday, March 20, 2015 Canada's top rodeo is feeling the impact of the global oil price plunge, with bids to sponsor one of the Calgary Stampede's main events down more than 20% from last year.

Talisman Cuts 10-15%; ConocoPhillips Cuts 7% of Canadian Workforce
Wednesday, March 18, 2015 Talisman Energy cuts 10-15% while ConocoPhillips cuts 7% of its Canadian workforce due to the decline in global commodity prices.

Head of BG Group's Canadian LNG Project Leaves, Not Being Replaced
Wednesday, March 18, 2015 The head of BG's Canadian unit has left Vancouver to take another role in the company and will not be replaced, the company says, delivering another blow to British Columbia's fledgling liquefied natural gas industry.

  



Canada Transport Watchdog Wants New Tank Cars In Service Earlier
Tuesday, March 17, 2015 Canada's transportation watchdog says recent fiery derailments of trains hauling crude oil means a new generation of stronger tanker wagons should be introduced ahead of schedule.

Canada Wants Even Newer Oil Tank Cars Phased Out By 2025
Wednesday, March 11, 2015 Canada proposes tough new oil tank car standards and says even tank cars coming into service now would have to be off the rails by 2025 at the latest.

Union: About 1,000 Laid Off By Husky Oil Sands Contractor
Wednesday, March 11, 2015 About 1,000 construction workers employed by a contractor at Husky Energy's Sunrise oil sands project were laid off unexpectedly, a union official confirms.

Husky Says C$3.2B Sunrise Oil Sands Project Begins Production
Wednesday, March 11, 2015 Husky Energy says it has started oil production at its Sunrise oil sands project.

Derailed Canadian National Crude Train Still Burning
Monday, March 09, 2015 A Canadian train carrying crude oil that derailed near Gogama, northern Ontario, is still on fire.

Oil Price Plunge Pulling Calgary's Housing Market Down With It
Thursday, March 05, 2015 A plunge in crude prices is pulling Calgary's housing market with it.

Canadian Natural Keeps 2015 Spin-Off Plan As 4Q Profit Jumps
Thursday, March 05, 2015 Canadian Natural Resources expects to spin off its Western Canada royalty lands this year as it reported unexpectedly strong 4Q results and boosted its dividend.

Petronas to Make FID on Canadian LNG Project by June
Monday, March 02, 2015 Petronas expects to make a final investment decision on an $11 billion liquefied natural gas export terminal in British Columbia by June, after postponing the decision late last year, its chief executive says.

Encana Cuts 2015 Budget After 85% Fall In Operating Profit
Wednesday, February 25, 2015 Encana slashes its 2015 capital budget by a quarter in response to a slump in global crude oil prices.