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.
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.
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.
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.
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.
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.
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.
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, 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.
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.