Sentences with phrase «canadian oil companies»

«[Alberta Premier Alison] Redford and Canadian oil companies may benefit from the pipeline, but folks here at home will be the ones taking on all of the risk, without any reward,» said Rachel Wolf, a spokeswoman for the All Risk No Reward group, in response to Redford's recent visit to Washington to lobby for the approval of Keystone XL.

Most oil sands production is now refined in the U.S. Midwest, where a glut of supply has depressed the price that Canadian oil companies receive.

TransCanada told Canada's National Energy Board that in the Midwest, its pipeline would «increase the price of heavy crude to the equivalent cost of imported crude,» which would provide Canadian oil companies with an added $ 2 - 3.9 billion in annual revenues.

Due to the successful delay of the Keystone XL pipeline, Canadian oil companies to consider alternate routes for getting tar sands to market, including the Energy East Pipeline to New Brunswick and the Northern Gateway, which would flow west to Vancouver.

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Canadian oil companies rightly should have been spared from some of that carnage.

Meanwhile, buoyed by many of the same forces driving most commodities (not to mention insatiable demand for energy), Canadian oil companies, including Imperial Oil, Husky Energy and Canadian Oil Sands, also reported strong — albeit less historic — earnings.

Originally a Canadian oil company called Hurricane Hydrocarbons, it was renamed PetroKazakhstan in 2003 because nearly all its operations were in that troubled Central Asian country.

The CO2 will be sold to Canadian oil company Cenovus Energy and injected into the Weyburn oil field in Saskatchewan.

A Canadian oil company called TransCanada... Continued

The Boundary Dam in Saskatchewan captures carbon dioxide from a coal power station and sells the gas to Canadian oil company Cenovus, which uses it for an EOR project.

Represented Canadian oil company in ICC arbitration concerning disputed ownership interest in West African offshore oil field

«Where it might have once been a Canadian oil company that would look after all the work permits now there are multiple subcontractors from all over the world doing their own requests for work permits,» he says.

Not exact matches

The strategy illustrates how companies are coping with Western Canadian Select bitumen blend oil prices that have largely failed to keep up with higher prices for New York - traded West Texas Intermediate, leading to wider - than - usual differences between the two.

A year later, how are Canadian oil and gas companies responding to the collapse in crude oil prices?

PetroChina's purchase of the 40 % of the McKay River oilsands project it doesn't already own from Athabasca Oil Sands is just the latest example of China's national oil companies snapping up Canadian energy reservOil Sands is just the latest example of China's national oil companies snapping up Canadian energy reservoil companies snapping up Canadian energy reserves.

It is being built by a Canadian company to help mostly Canadian and European oil companies move Canadian crude from Western Canada down to Texas.

The Calgary - based company has flagged a final investment decision in the not - too - distant future for the hotly - debated Keystone XL pipeline to transport Canadian oil to US refineries.

Canadian companies, which sell oil priced in U.S. dollars but pay costs in loonies, will also benefit from a rising greenback and, ultimately, that more resilient heavy oil price, adds Stelmach.

It's a massive transaction by Chinese standards, dwarfing the previous record, set by oil giant CNOOC's acquisition of a Canadian energy company, Nexen, for $ 15 billion in 2013.

Canadian Western Bank (TSX: CWB) boasts an impressive 112 consecutive profitable quarters, but like much of the oil - reliant Alberta economy, the Edmonton - based financial services company is feeling the effects of the bust.

Canadian Western Bank is also embarking on a diversification strategy so that it's less reliant on Alberta's economy, which shows the company isn't sitting idle, waiting for oil prices to recover — though a rebound would surely help.

A similar bid by Chinese national oil company CNOOC in 2012 for Canadian oilsands company Nexen was successful but was controversial.

When the Canadian oil discount hit a four - year high at $ 31 in January, Alberta oil companies started calling Ceres Global Ag Corp, a grain and fertilizer handling facility on the Canada-U.S. border at Northgate, Saskatchewan.

We said in January a state - controlled Chinese oil company would make a bid for a large - cap Canadian energy company.

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.

The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from higher oil prices, according to a new report from Moody's Investors Service.

Build on its record as the first government to achieve an absolute reduction in greenhouse gas emissions by working with provinces to reduce emissions from the oil and gas sectors while ensuring Canadian companies remain competitive.

Canadian energy company shares are trading at levels not seen since the depths of the 2008 crisis, levels that can only be justified if the global economy falls into another recession and oil prices drop by half.

And while some Canadian companies are finding success in clean solutions — Vancouver's Ballard Power is fresh off a record year for revenue — others, notably in Canada's oil patch, are at risk of falling behind.

When asked about Canadian oil sands production, Mulva said those operations would be part of the upstream company.

Interested in 2017 production forecasts and plans for capital expenditure for publicly listed Canadian oil and gas companies?

With so much attention on the prospect of exporting oil to China, you may not realize that Canadian cleantech companies are exporting solutions that support Chinese efforts to minimize their oil consumption and improve air quality.

But while some Canadian companies are finding success in clean solutions, others — notably in Canada's oil patch — are at risk of falling behind.

Loeb recently told Third Point fund investors that shares of the oil and gas company could be 60 percent higher, and he outlined changes it could make to add value, such as spinning off its retail business or selling its Canadian natural gas assets.

Alberta Premier Rachel Notley, centre, and Finance Miniser Joe Ceci, right, speak to steel workers as she tours a company producing pipe, casing and tubing for the Canadian oil and gas sector in Calgary THE CANADIAN PRESS / Jeff Canadian oil and gas sector in Calgary THE CANADIAN PRESS / Jeff CANADIAN PRESS / Jeff McIntosh

Canadian and global petroleum companies have since spread mines and deep - drilling projects across northern Alberta's gargantuan reserve — oil sands production has nearly quadrupled since 2000 to about 2.5 million barrels per day.

A sale of Apache Canada would mark the Houston - based company's exit from the country, the latest international oil firm to sell Canadian operations in favor of concentrating on U.S. shale plays.

Recovering crude from the oil sands is a massively capital - intensive business and there aren't enough deep - pocketed Canadian companies capable of making the necessary investments.

U.S. oil and natural gas production from Pennsylvania could help power Ontario and Quebec for instance, even as Canadian shale flowed through pipelines from Alberta to the U.S. Infrastructure matters a lot in these settings, especially given the difficulties most companies are facing in building new pipelines (Exhibit A: see the Dakota Access Pipeline).

Good thing for those U.S. engineering companies there are no «Buy Canadian» provisions in oil sand contracts like there are «Buy American» provisions in U.S. federal procurement.

Driving that reversal is the company's intention to restart its dormant Canadian drilling program, which it paused earlier this year due to lower oil prices.

It is therefore crucial that the Canadian government require Canadian mining, oil and gas companies operating overseas to conduct enhanced human rights due diligence, especially in regions where human rights and environmental laws (and enforcement of those laws) are lax.

But while some Canadian companies are finding success in clean solutions, others — notably in Canada's oil...

Canada remains an important partner for China in the oil and gas field, despite the «mixed» decision on CNOOC's $ 15 billion takeover of the Canadian energy company Nexen.

He added there are many U.S. companies invested in the Canadian oil and gas sector, and hopefully Tuesday's announcement on Keystone XL «gets the relationship off on a good start.»

However, Asian interest in developing investment ties with Canada is not limited to China: Companies from Japan, Korea, Malaysia and Thailand have invested capital in Canadian oil and gas assets, and other Asia - based companies are looking at investment opporCompanies from Japan, Korea, Malaysia and Thailand have invested capital in Canadian oil and gas assets, and other Asia - based companies are looking at investment opporcompanies are looking at investment opportunities.

Thursday's fire overshadowed the company's financial results, which were less affected by large discounts for Canadian heavy oil than other domestic producers.

Cenovus Energy, a Canadian oil and natural gas company, will award a $ 5,000 scholarship to two Canadian students with at least 2 years of undergraduate study completed.

Most recently the President and CEO of an oil and gas trading company, Mr. Anglin is an ex-United States Marine, former New Hampshire police officer, and former member of the Canadian Coast Guard Auxiliary.