Edition:
United States

Rod Nickel

Trump allows Keystone pipeline to ship more Canadian oil after expansion stalls

Jul 30 2020

U.S. President Donald Trump has approved the existing Keystone pipeline to ship 29% more Canadian crude into the U.S. Midwest and Gulf Coast after TC Energy Corp's decade-old expansion project was stalled again this month by legal hurdles.

Canada's Enbridge beats profit estimates, sees improving Mainline oil volumes

Jul 29 2020

Canadian pipeline operator Enbridge Inc on Wednesday posted a quarterly profit slightly higher than analysts' estimates and said it sees volumes growing across the Mainline, North America's biggest oil pipeline network.

Once Canada's oil relief valve, rail shipping grinds to near halt

Jul 28 2020

WINNIPEG, Manitoba After moving record-large Canadian oil volumes by rail just five months ago, shippers have hit the brakes, idling thousands of cars and tens of millions of dollars' worth of infrastructure.

Canada's oil-producing Alberta looks to NHL to boost hard-hit economy

Jul 11 2020

WINNIPEG, Manitoba Canada's oil-producing province of Alberta, hard-hit by lockdowns caused by the coronavirus pandemic, is counting on National Hockey League (NHL) games to provide a badly needed boost to morale and business.

Canadian oil companies take go-slow approach to recovery as prices improve

Jul 07 2020

WINNIPEG, Manitoba/TORONTO Canadian oil producers are maintaining a cautious approach, holding spending at reduced levels even as rising prices brighten the outlook.

RPT-Down to handful of active rigs, Canada's oil and gas drillers face permanent contraction

Jul 07 2020

WINNIPEG, Manitoba, July 6 Canada's drilling rig count, a bellwether of the oil and gas industry's growth, has plummeted far below previous records, raising risks that much of the country's equipment will permanently fall out of service.

Down to handful of active rigs, Canada's oil and gas drillers face permanent contraction

Jul 06 2020

WINNIPEG, Manitoba Canada's drilling rig count, a bellwether of the oil and gas industry's growth, has plummeted far below previous records, raising risks that much of the country's equipment will permanently fall out of service.

RPT-FOCUS-Record debts come due for Canadian oil patch after five years of crisis

Jul 06 2020

WINNIPEG, Manitoba/TORONTO, July 5 Six years ago, Canadian oilfield services firm Calfrac Well Services commanded a C$2.1 billion ($1.55 billion)market value and was poised for U.S. expansion.

Record debts come due for Canadian oil patch after five years of crisis

Jul 05 2020

WINNIPEG, Manitoba/TORONTO Six years ago, Canadian oilfield services firm Calfrac Well Services commanded a C$2.1 billion ($1.55 billion)market value and was poised for U.S. expansion.

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