The Oil Sands Weekly

NDP gov't throws the kitchen sink ahead of spring elections • Suncor takes issue with AB curtailment formula • Enbridge has good news for Cdn energy patch • Athabasca cuts executive pay and slashes head count • Fate of LNG Canada now sits with the NEB • First Nations groups slam Trudeau's BC tanker ban • NEB asked to spell out options for boosting exports • Why oil & gas workers might want to avoid Whistler this winter.

READ ON →

The Oil Sands Weekly

Notley hands OPEC an early Christmas gift • Cdn oil majors warn of unintended consequences • Keystone and Mainline hit by power outage • US crude exports surge to record highs • Guyana poised to surpass Venezuela and Mexico • Qatar plans divorce from OPEC after 57 years.

READ ON →

The Oil Sands Weekly

Notley pledges purchase of more rail cars, which won't be delivered until 2020 • Morneau faces hostile audience in Calgary • WCS discount narrows considerably, without help from the government • Shell divests its Calgary technology centre • TransCanada remains optimistic on Keystone XL • US oil and gas reserves reach new record high • BP CEO praises President Trump for business-friendly energy policies.

READ ON →

The Oil Sands Weekly

Notley expands petrochemical credits, and pledges purchase of railcars • ATB warns of looming layoffs and recession • Ottawa hands out pre-election goodies, but comes up short for oil producers • Husky suffers spill at White Rose • Trump thanks Saudis for lower oil prices • TransCanada cries fowl in Mexico

READ ON →

The Oil Sands Weekly

Suncor CEO set to retire next spring • Deeply discounted Cdn crude disheartens oil patch • Alberta banks on crude-by-rail as losses mount • Big Oil eyes more Permian assets • US output hits another record high • OPEC and IEA warn of oversupply • Russia scoffs at calls for more output cuts.

READ ON →

The Oil Sands Weekly

Imperial green lights Aspen project • More Alberta barrels get shut-in ... as WCS plummets to US$17 • Keystone XL gets squashed in Montana • Enbridge's Line 5 gets challenged in Michigan • NL breaks records in latest offshore auction • US crude production soars to new record highs • Russians and Saudis put output cuts back on the table ... as oil prices hit bear market territory.

READ ON →

The Oil Sands Weekly

CNRL asks Alberta for output quotas, OPEC style • Cdn Light and C5+ discounts hit record highs • PSAC warns fewer wells to be drilled next year • Calgary's Encana becomes a lot more American • Goldboro LNG moves one step closer to FID • Trump gives eight countries a pass on Iranian imports.

READ ON →

The Oil Sands Weekly

WCS and C5+ discounts hit record highs • NY takes aim at Kearl and Cold Lake • Imperial restarts Norman Wells • Trudeau gets tough on ON, SK, MB and NB • Jacobs gets out of the energy business • GM asks Trump for help selling more EVs • Oil markets shift from supply disruptions to being oversupplied.

READ ON →

The Oil Sands Weekly

MEG snubs Husky and awaits better offer • Pipeline constraints helping oil storage business ... and rail operators • CAPP sounds the alarm on Bill C-69 • Cdn airlines fear fallout from pending carbon tax • Exxon makes big push into China • Total places big bet on India • Shell retreats from Denmark • US/Saudi ties prove unshakeable • Russia calls an end to OPEC's production pact.

READ ON →

The Oil Sands Weekly

Enbridge knocks out three refineries in WA State • Irving suffers a mishap in NB • Hurricane Michael dents USGC production • Seaway pipeline expansion delayed to year-end • Exxon lobbies for US federal carbon tax • Saudi Aramco IPO postponed, but not cancelled.

READ ON →

The Oil Sands Weekly

Husky launches bid for MEG • BC's LNG Canada powers ahead • TMEP goes back to the drawing board • TransCanada seeks dance partner for Coastal GasLink • Imperial poised to restart Norman Wells • MB opts out of federal carbon plan ... joining AB, SK and ON • England takes another stab at gas fracking

READ ON →

The Oil Sands Weekly

Fort Hills off the ground and running  • Suncor banks on automation to reduce costs • Kearl's plan to boost output by another 65,000 bbl/day • Alberta's crude production hits record high • US crude production hits 47-year high • Exxon praises President Trump (indirectly)

READ ON →

The Oil Sands Weekly

Just when you thought the WCS discount couldn't get any wider • Kinder Morgan in no hurry to expand Trans Mountain • CP Rail in no hurry to boost crude-by-rail • TransCanada brushes off KXL's alternative route • Husky's SeaRose FSPO cleared for restart • NEB approves repairs to Norman Wells pipeline ... but it likely won't make a difference for Norman Wells • Rising output from US shale not to blame for global oversupply

READ ON →

The Oil Sands Weekly

Edmonton adds more crude storage capacity • Lindbergh SAGD facility poised for growth in 2018 • Kinder Morgan not hopeful on help from the NEB • Keystone XL takes a small step forward • Husky Energy versus The Iceberg • Venezuelan crude production in free-fall • Norway awards record number of exploration licences

READ ON →

The Oil Sands Weekly

Osum's plan to double output at Orion • US charts a path to 11 Mbbl/day of production ... and becomes a net natural gas exporter • Brent closes in on US$70 ... renewing concerns over OPEC's exit strategy

READ ON →

The Oil Sands Weekly

Total holds the line on cost overruns at Fort Hills •  AB's NDP gov't puts a positive spin on higher carbon levies • CAPP warns of more job losses ahead • Trump continues push for world energy dominance • Alaskan reserves revised substantial higher • Global oil & gas spending expected to decline again this year.

READ ON →

The Oil Sands Weekly

Investor's await Fort Hills' first barrel of crude • BlackGold SAGD facility comes back to life • Alberta lays charges against Nexen • Mackenzie pipeline dealt a final blow • CN's plan for safer crude-by-rail transport • Oil prices spike on bombing of Libyan pipeline

READ ON →

The Oil Sands Weekly

Alberta's petrochemicals sector gets a big boost • Discounts for Cdn crude widen as export pipelines oversubscribed • WTI specs being updated in 2018 • Mismatched documents loom over Keystone XL • Trump delivers big Christmas present for US energy sector • Santa announces coal phase-out in North Pole

READ ON →

The Oil Sands Weekly

Cenovus warns of more job cuts • Sturgeon produces first diesel • Cdn crude production hits record high, sending differentials soaring • Feds look to raise gas prices, again • Enbridge warns of too little, then too much, pipeline capacity • TransCanada tries to cover all bases on Keystone XL • EIA, IEA & OPEC warn of rapidly expanding US oil output

READ ON →

The Oil Sands Weekly

Kinder Morgan wins Round 1 against Burnaby • Suncor's plan to boost COGEN capacity • Husky increases spending as production stalls • SK defies instructions from federal Liberals • Another LNG project gets turfed in BC • Desjardins lift ban on loans to energy sector • MIT accuses EIA of gross exaggeration • France's plan to replace bunker fuels with LNG • Venezuela ponders crude-backed Bitcoins

READ ON →