He predicted that
Canadian oil and gas producers who don't adopt new technologies would not be able to keep up with the competition.
Like other exporters,
Canadian oil and gas producers have worried about protectionist rhetoric employed by Mr. Trump, and a border adjustment proposal in Congress that could effectively place an import tax on goods entering the U.S. market.
This Calgary - based small - cap provides fracturing and other well - stimulation services to
Canadian oil and gas producers.
The current $ 2.2 - billion bid by Chinese state - owned Sinopec for Calgary's Daylight Energy marks the first time a Chinese company has attempted a 100 % takeover of
a Canadian oil and gas producer.
(Reuters)-
Canadian oil and gas producer Encana Corp (ECA.TO)(ECA.N) posted a better - than - expected fourth - quarter profit on Thursday and said production rose 4 percent.
Chinese companies are expanding abroad and acquiring assets such as state - owned CNOOC Ltd.'s $ 15.1 billion purchase this month of
Canadian oil and gas producer Nexen.
Not exact matches
It's one of the country's largest
oil and gas producers, but, says Cheng, price differentials between
Canadian and world
oil prices, low natural
gas prices, cost inflation
and project delays caused investors to get antsy.
We sourced the oilsands direct jobs figure from The Decade Ahead: Labour Market Outlook to 2022 for Canada's
Oil and Gas Industry, a 2013 Petroleum Human Resources Council report that was funded in part by the Government of Canada
and The
Canadian Association of Petroleum
Producers.
(Reuters)-
Canadian oil producer Paramount Resources Ltd (POU.TO) said on Thursday that it would buy the
Canadian subsidiary of U.S.
oil and gas firm Apache Corp (APA.N) for C$ 459.5 million ($ 353.7 million USD).
At present, almost all
Canadian exports of
oil and gas go to the U.S., which is becoming once again a major
producer in its own right,
and a potential competitor for offshore markets.
In July 2017, the
Canadian Association of Petroleum
Producers (CAPP) published A competitive policy
and regulatory framework for Alberta's upstream
oil and natural
gas industry.
The government
and the
oil and gas industry have spent lavishly to promote fossil fuel development, but a poll for the
Canadian Association of Petroleum
Producers found that only 51 % of us think tar sands /
oil sands development is worth the environmental risk; 49 % think it isn't.
Similarly, National Bank Financial analysts published a report this week that suggested there were reasons to be optimistic about a handful of
oil and gas producers even though «regulatory
and fiscal headwinds continue to challenge the
Canadian sector, creating a difficult investment environment.»
An April report from the
Canadian Association of Petroleum
Producers revealed that the
oil and gas industry had seen a 62 percent drop in capital investment,
and a drop of 66 percent in the amount of new
oil wells drilled over the last two years.
The company, Canada's No. 2 pipeline operator, released a letter sent to U.S. Secretary of State John Kerry
and other department officials saying that increased carbon levies for Alberta
oil sands
producers and new
Canadian targets for greenhouse -
gas emission cuts should serve to help assuage U.S. concerns that approving the C$ 8 billion ($ 6.41 billion) project would increase climate change.
In contrast, we had nice returns in a number of our media, insurance
and food stocks, among others, including Axel Springer, Schibsted, Zurich Insurance, Berkshire Hathaway,
and Nestlé, but it was unfortunately not enough to overcome the continued pressure on our
oil &
gas stocks, which included fully integrated holdings such as Total
and Royal Dutch; exploration
and production companies such as Devon Energy
and Pacific Rubiales;
Canadian oil sands
producers such as Cenovus;
and energy service holdings such as Halliburton
and National Oilwell Varco.
Most of the
oil shipped on the line will come from
Canadian oil sands
producers, which have been under from some U.S. environmental groups
and legislators for boosting greenhouse
gas emissions because of expanding production in the
oil sands — a Florida - sized region of northern Alberta that contains the largest
oil reserves outside the Middle East.
The briefing scenario, prepared for a senior Environment Canada official attending an industry awards gala organized by the
Canadian Association of Petroleum
Producers (CAPP), suggested that
oil and gas companies didn't want a series of separate legislative changes, but rather an «omnibus» approach.
-- According to the Calgary Herald, Travis Davies, spokesman for the
Canadian Association of Petroleum
Producers, Canada's largest
oil and gas industry lobby group, industry is pleased with the draft report.
As well as his role at Pacific, Galego also serves as general counsel at CGX Energy, a small
Canadian oil and gas exploration company
and serves on the board of the directors at Woulfe Mining, a company operating a mine out of South Korea that is in the process of being sold to another
producer.