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Energy executives say feds must make good on pledge to speed up project approvals

By Amanda Stephenson TORONTO – Canada’s oil and gas sector is hopeful the federal government will live up to its budget-day pledge to speed up the time it takes to build major infrastructure projects. The Liberal government announced last week that it will...

Oil could be headed back to US$100 a barrel this year: Industry experts

By Amanda Stephenson in Toronto A surprise production cut by the Organization of Petroleum Exporting Countries and its allies (OPEC plus) is just one factor lifting the spirits of Canada’s energy sector executives these days, as experts say crude prices could...

Ovintiv signs deal to buy Midland Basin assets for US$4.275B, selling Bakken assets

CALGARY — Ovintiv Inc. has signed a deal to buy a portfolio of assets in the Midland Basin in Texas in an agreement valued at US$4.275 billion in cash and shares. The company is acquiring the assets from a group of portfolio companies of funds managed by EnCap...

For want of a pipeline: Canadian LNG should power low-carbon revolution, report says

WASHINGTON — As the world struggles to find the right balance between a carbon-free future and a present that still runs on fossil fuels, Canada could be leveraging its natural-gas riches to help fuel both, a new report suggests. The report, to be released Monday by...

Enbridge plans to partner on clean ammonia facility in Corpus Christi, TX

CALGARY — Enbridge Inc. says it has signed a letter of intent with Yara Clean Ammonia to jointly develop a blue ammonia production facility at the Enbridge Ingleside Energy Centre near Corpus Christi, Texas. Blue ammonia refers to ammonia that is derived from natural...
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