Frustration grows among natural gas producers amid low prices, LNG uncertainty

Greg Kist admits he was burned out when he resigned as president of Pacific NorthWest LNG at the end of 2014, as the Vancouver-based venture led by Malaysian energy giant Petronas advanced its ill-fated mission to build a liquefied natural…

Enbridge CEO Al Monaco ‘deeply saddened’ by death in Kentucky gas pipeline explosion

A natural gas pipeline shut down after a massive explosion killed a woman in Kentucky on Thursday will not go back into service until it is “absolutely safe to do so,” the CEO of Enbridge Inc. vowed Friday. In a…

Producers still cautious despite higher Q2 expectations on stronger oil prices

Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets. Canadian oil…

Pipeline spill spoils geothermal project announcement for Razor Energy

A junior oil company is announcing government funding for an environmentally friendly geothermal power project at the same time that it is cleaning up a major spill of oil and water from a pipeline in northern Alberta. READ MORE: Officials…

Crude oil production to reach 5.86 million barrels per day by 2035: CAPP

The Canadian Association of Petroleum Producers (CAPP) is projecting Canadian crude oil production will increase by 1.27 million barrels per day to 5.86 million by 2035. The association’s latest forecast predicts total production in Western Canada will reach 5.76 million…

Keyera stock gets boost after it green lights $1.3B Alberta liquids pipeline

Shares in Keyera Corp. rose by as much as nine per cent after it announced it will proceed with a long-anticipated $1.3-billion pipeline to bring natural gas liquids from northwestern Alberta to market. The Key Access Pipeline System is designed…