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Regional News: Canada

 
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British Columbia Approves Petronas LNG Project, Two Gas Pipelines
Wednesday, November 26, 2014 British Columbia has approved a liquefied natural gas export terminal being developed by Petronas, along with two pipelines to service the province's fledging LNG industry, the province's Ministry of Environment says.

Report: Canada's Northwest Territories Hold Big Natural Gas Reserves
Tuesday, November 25, 2014 Canada's Northwest Territories, including its Arctic islands and the adjacent Beaufort Sea, hold more than 1.2 billion barrels of crude oil and 16.4 Tcf of marketable natural gas, the NEB says.

Oil Industry Swashbucklers Hit By War, Disease And Shale Boom
Monday, November 24, 2014 The world has become a more difficult place for the small, intrepid Canadian oil explorers that roam the globe hunting for the next big petroleum discovery.

TransCanada Plans To Double Dividend Growth Rate Through 2017
Wednesday, November 19, 2014 TransCanada says it planned to double its dividend growth rate through 2017 as it brings about $11.47 billion worth of small and medium-size projects on line over the next five years.

Man-Camp Providers Emerge Strong Picks on LNG potential
Monday, November 17, 2014 Oilfield camp providers banking on the long-term prospects of liquid natural gas export terminals in British Columbia are emerging as hot stock picks as their shares slump.

  



Statoil in Test Case for Industry as Canada Extends Seabed Territories
Sunday, November 16, 2014 Statoil is risking millions of dollars in extra costs in Canada, where the country is using United Nations laws to define new limits to its seabed territory.

Canada's Niko Resources Says Evaluating Plans For India Assets
Friday, November 14, 2014 Niko Resources said it was evaluating plans for its oil and gas assets in India, citing uncertainty related to the outlook for natural gas prices in the country.

Encana's Operating Profit Nearly Doubles On Higher Oil Production
Wednesday, November 12, 2014 Encana says its quarterly operating profit jumped 87% due to higher production of oil and natural gas liquids.

Canada's Oliver: Remains Committed to Keystone Pipeline Project
Friday, November 07, 2014 Canada's Finance Minister Joe Oliver says the government remains committed to the Keystone XL pipeline project and that he believes "at the end of the day" it will gain approval.

Shell Says LNG Canada Project To Cost Up To $35.3B
Friday, November 07, 2014 Shell says the project to liquefy natural gas for export to Asia could cost as much as C$40 billion ($35.3 billion) when fully complete.

TransCanada Boosts Keystone XL Cost Nearly 50% To $7.02B
Tuesday, November 04, 2014 TransCanada raises estimated capital costs for its controversial Keystone XL project citing lengthy delays.

Canada Oil Producers Set To Cut 2015 Spending As Price Tumbles
Tuesday, November 04, 2014 Falling oil prices will lead to lower capital spending in Western Canada next year, observers say, as both oil sands and light oil producers look to cope with less cash coming in the door.

SBM Completes Loan Deal to Fund Deep Panuke Facility
Tuesday, November 04, 2014 SBM Offshore completes a $450-million loan deal to fund the Deep Panuke Production Field Centre offshore Canada.

Talisman Energy Profit Beats Estimates on Lower Expenses
Tuesday, November 04, 2014 Canada's Talisman Energy reports a bigger-than-expected quarterly profit as tight cost controls help offset lower oil and gas prices.