Regional News: Canada

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Alberta Oil Faces Tough 2015, May Rebound Next Year
Friday, May 22, 2015 Low oil prices and new leadership combine to create uncertainty in Alberta's oil and gas sector.

Oil Sands Land Becomes Alberta's Hot Real Estate as Oil Rebounds
Friday, May 15, 2015 An indication that crude's recent rally has further to run can be found in the northern forests of Alberta, where companies are paying the most in eight years to lease land for oil sands development.

Canada Oil, Gas Survey Reveals Optimism Regarding Hiring Plans for 2015
Friday, May 15, 2015 A survey of CEOs from top oil and gas companies in Canada reveals an optimistic outlook for hiring plans in 2015.

Trican Well Service Cuts 2,000 North American Jobs
Wednesday, May 13, 2015 Calgary-based Trican Well Service cuts North American workforce by 2,000.

TGS to Conduct New 2D Surveys Offshore Eastern Canada
Tuesday, May 12, 2015 TGS announces plans to conduct two new 2D surveys offshore Eastern Canada.


TransCanada Says Leak on Alberta Natural Gas Pipeline Shut In
Tuesday, May 12, 2015 TransCanada says a natural gas leak on a section of a TransCanada Corp pipeline near Medicine Hat, Alberta, has been safety shut in.

Canadian Natural Says Will Work With New Alberta Government
Thursday, May 07, 2015 Canadian Natural Resources says it swung to a loss in the first quarter due to sharply lower oil prices even as production rose by nearly a third.

Husky Energy Profit Plunges 71% Due To Weak Oil Prices
Wednesday, May 06, 2015 Husky Energy reports a 71% drop in quarterly profit, hurt by weak oil and gas prices.

Alberta's Possible Pivot To The Left Alarms Canadian Oil Sector
Monday, May 04, 2015 Canada's oil-rich province of Alberta is on the cusp of electing a left-wing government that can make life harder for the energy industry with its plans to raise taxes.

TransCanada Profit Lifted By US Pipeline Operations
Friday, May 01, 2015 TransCanada reports a 10% rise in comparable earnings, helped by the positive impact of a stronger US dollar on its US pipeline operations and profits at its power businesses.

Report: Saskatchewan Bakken Holds 1.4B Barrels Of Oil
Thursday, April 30, 2015 The Bakken shale formation in southeast Saskatchewan is estimated to hold 1.4 billion barrels of marketable crude oil and 2.9 trillion cubic feet of natural gas, Canada's National Energy Board says.

Poloz Says January Rate Cut Was Enough for Canadian Recovery
Tuesday, April 28, 2015 Bank of Canada Governor Stephen Poloz says there's no need for another interest-rate cut amid evidence the economy is recovering from the oil shock.

Alberta Voters May End Ruling Party's 44-Year Run After Oil Plunge
Monday, April 27, 2015 The Canadian province of Alberta may be poised to change its govt for the first time in 44 years as the ruling party struggles with the shock of tumbling oil prices.

Precision Drilling's Profit Beats Estimates As Costs Fall
Monday, April 27, 2015 Precision Drilling reports a 76.4% drop in its quarterly profit.