Weekly Energy Market Review

Alberta pushes back on regulatory overhaul • Bitumen prod’n hits record high • TMEP pushed back to 2022, at best • BC awaits FID on LNG Canada • Cenovus rails product to USGC • WCS discount hits US$36 in Hardisty, but touches par with WTI in Houston • Midwest refineries head into maintenance season • OPEC promises to keep a lid on output increases ... sending Brent to 4-yr high.

Weekly Energy Market Review

Cdn crude discount widens to 5-year high • Crude-by-rail expansion continues at Hardisty • Keystone XL gets another blessing by US State Dep't • China adds tariffs to US LNG imports • TSX energy stocks finally catch a bounce • Trump sends OPEC a message via twitter ... while OPEC and friends mull output increase in Algeria.

Weekly Energy Market Review

China revives hopes for new refinery in Edmonton • TMEP cancellation welcome news for CN Rail • Kinder Morgan hires TD to sell remaining Cdn assets • CPP invests in Alberta's carbon capture • TransCanada reaches agreement with BC First Nations ... while Native Americans launch new attack on Keystone XL • Trump dismantles Obama's methane reduction plan • Brent and WTI trend higher ... while WCS and C5+ prices crash • Cdn energy stocks slide back to lows of last spring • World oil supply tops 100 Mbbl/day.

Weekly Energy Market Review

Suncor warns growth contingent on new pipelines • MEG hints at in-situ expansion beyond 2020 • Imperial signs partnership with McKay Métis • Cenovus inks deal for more crude-by-rail • Kinder Morgan hints at full exit from Canada • Discount on Cdn Light blows out • America's plan to swap Iranian imports with US crude • World oil demand to hit 100 Mbbl/day later this year.

Weekly Energy Market Review

Federal Court of Appeal squashes another export pipeline • Trudeau's climate action plan slowly unravels • CNRL buys Total's abandoned Josyln lease ... and hints at Horizon expansion to the south • WCS takes a 15% haircut for the month • US gasoline consumption hits record high • OPEC production surges in August.

Weekly Energy Market Review

Suncor refinery hit by power outage • Burnaby loses another battle against TMEP • Cdn crude-by-rail exports hit another record high • Ontario buys stake in Texas pipeline • Total officially pulls out of Iran • China doubles down on Iranian imports • Norway reconsiders divestiture of energy stocks • Saudis cancel mother of all IPOs • Oil prices halt 2-month slide

Weekly Energy Market Review

NEB clears TMEP from Edmonton to Kamloops • Nova Scotia poised to win LNG race • Keystone XL hits another speed bump • WCS discount narrows but remains under pressure on BP refinery outage • Wholesale gasoline prices take a big tumble • WTI declines for sixth week in a row as USD breaks to the upside

Weekly Energy Market Review

Kinder Morgan staffs up for TMEP restart • Saudi's go nuclear over minister's tweet • Cdn heavy discount widens to 5-yr high • Pipeline construction frenzy continues out of the Permian • Trump reinstates sanctions on Iran • Global oil supply rises in July • US dollar breaks out to 1-yr high ... taking the wind out of oil prices.

Weekly Energy Market Review

Suncor dumps HSBC • Connacher finds a buyer • PSAC lowers 2018 drilling forecast • BC lawyer tries to squish $40B LNG Canada • Cdn energy patch spending down $40B from 2014 • WCS discount heads back to 5-yr high • TransCanada sorts out paperwork on Keystone XL • China threatens US crude and LNG imports

Weekly Energy Market Review

WCS sinks 10% as heavy oil discount widens • NL takes a stake in province's first deepwater project • Cheap oil from AB and W. Texas boosts US refining margin • Lower 48 production hits another record high • BP makes blockbuster purchase of US shale • Saudis block crude exports out of the Red Sea .... giving Brent prices a lift

Weekly Energy Market Review

Albian hits the billion barrel mark • LNG Canada promises to hire Canadians first • PM appoints Edmonton MP as new head of energy • ON and SK team up to fight the feds • US crude output touches another record high • World's biggest oil company about to get a lot bigger

Energy Market Review

Energy patch downplays pipeline constraints • Crude exports hit new highs in April ... while refinery runs hit multi-decade low • Trump scolds Germany for building natgas pipelines • Global oil markets return to surplus next year • Lost Libyan barrels poised to come back online ... sending oil prices tumbling.

Energy Market Review

Syncrude's return to normal likely delayed • Kinder Morgan poised to restart TMEP construction • Alberta smashes records for dilbit production, oil exports and crude-by-rail • Ontario scraps cap-and-trade • Iran threatens to choke off 20% of world oil supply • Russia and Saudi Arabia ramp-up output.

Energy Market Review

Syncrude outage takes WTI higher • ENB clears final hurdle in Minnesota • TRP warns of natgas pipeline wars in the US • Trump tries to choke-off Iranian exports ... while Saudis boost output by 1 million bbl/day.

Energy Market Review

Power bump takes Syncrude offline • Nexen adds more well pads at Long Lake • KML cleared to start construction at Burnaby Terminal • Enbridge enters home stretch in Minnesota • Permian pipelines bursting at the seams • OPEC and Russia agree to boost production ... narrowing WTI discount to Brent.

Energy Market Review

Suncor scores a win in fight for random drug testing • CAPP declares Canada closed for business • Ontario joins SK's carbon tax fight • Keystone XL survives another court case in South Dakota • BMO warns of rising costs for Line 3 • WCS discount continues wild ride • Brent prices show signs of breakdown

Energy Market Review

Suncor's Q2 output hampered by maintenance outages • Enbridge cancels plan to verify shipper nominations • ConocoPhillips poised to sell 208 million Cenovus shares • CAPP goes sour on Cdn climate policy • WCS jumps 20%, erasing losses from last week • TransCanada's Leach Xpress declares force majeure • Trump asks Saudis to boost oil production • WTI discount to Brent continues to widen

Energy Market Review

Feds acquire Trans Mountain assets ... and plan to flip it post-expansion • Petronas buys big chunk of LNG Canada, renewing hopes for BC mega-project • Cdn heavy oil widens considerably, sending WCS down 20% • WTI discount to Brent blows-out on rising Permian production • OPEC and friends continue to mull output increases