Edition:
United States

Rod Nickel

Pembina makes storage play with $3.3 billion Kinder Morgan deals

9:42am EDT

Canada's Pembina Pipeline Corp has agreed to buy smaller rival Kinder Morgan Canada and the U.S. portion of the Cochin pipeline for C$4.35 billion, bulking up its storage resources in Canada.

Canada's Alberta extends oil curtailments through 2020 due to slow pipeline progress

Aug 20 2019

The government of Canada's main oil-producing province, Alberta, said on Tuesday it was extending mandatory curtailments on crude production by an extra year through 2020, because of uncertainty about when expanded pipelines may come online.

Canada to pay dairy farmers hurt by trade deals as election nears

Aug 16 2019

WINNIPEG, Manitoba Canada will spend C$1.75 billion ($1.32 billion) over eight years to compensate dairy farmers facing greater competition due to free trade deals, Prime Minister Justin Trudeau's government said on Friday, attempting to satisfy an influential group of voters two months before a national election.

Bid for Inter Pipeline highlights Canada's oil sector bright spot

Aug 16 2019

WINNIPEG, Manitoba/CALGARY, Alberta A recent unsolicited bid for Inter Pipeline Ltd has highlighted the potential of Canada's midstream companies to offer insulation from volatile oil prices.

Canada's Inter Pipeline confirms it received takeover bid, but not in talks to sell

Aug 09 2019

WINNIPEG, Manitoba Canada's Inter Pipeline Ltd confirmed on Friday it received an unsolicited takeover bid, but said it was not in talks to sell.

Canada's Imperial Oil urges end to production limits as crude inventories abate

Aug 02 2019

Canadian crude producer Imperial Oil Ltd is urging the Alberta government to further reduce its limits on output, saying that bloated inventories have dwindled enough, Chief Executive Rich Kruger said on Friday.

Canada's Enbridge solicits bids for Mainline oil pipeline amid space crunch

Aug 02 2019

Canadian pipeline company Enbridge Inc said on Friday it would invite bids for contracted space on its Mainline system, as shippers compete to move oil on the country's congested pipeline networks.

Canada crop tour sees smaller canola crop after reduced plantings, dry spring

Aug 01 2019

WINNIPEG, Manitoba Canadian farmers are likely to reap a smaller canola crop in 2019-20 due to reduced plantings and dry conditions, consultancy FarmLink Marketing Solutions said on Thursday after a crop tour of the prairie provinces.

Canadian Natural Resources eyes Alberta rail contracts amid pipeline congestion

Aug 01 2019

Canadian Natural Resources, the country's biggest oil and gas producer, is looking at taking on the Alberta provincial government's contracts to move crude by rail, a senior company executive said on Thursday.

Canadian oil companies buy ads to pressure politicians ahead of election

Aug 01 2019

WINNIPEG, Manitoba Three Canadian oil producing companies took out joint full-page newspaper advertisements on Thursday to turn up the pressure on politicians to support the struggling industry ahead of an election in October.

World News

Hong Kong protest moves peacefully to mob-attack subway

A major bank warned on Wednesday that weeks of protests in Hong Kong could hit the economies of the Chinese-ruled city and mainland China itself as hundreds of demonstrators held a sit-in at the subway site of a midsummer mob attack.