Demand Destruction Series, Part 1 – Impact On Oil And Gas
The effective closure of the Strait of Hormuz due to the new Mideast war has caused the largest disruption to oil and LNG supplies in history.
The effective closure of the Strait of Hormuz due to the new Mideast war has caused the largest disruption to oil and LNG supplies in history.
Alberta is launching a new office aimed at protecting and commercializing more homegrown innovation in the province, a move intellectual property lawyers see as promising.
The federal government understands the need for more oil and gas egress beyond the U.S. market and continues working with Alberta on an emissions deal to make it happen, federal Energy Minister Tim Hodgson told the Canadian Association of Energy Contractors (CAOEC) Spring Luncheon on Friday.
Imperial Oil Limited is beginning work this month to extend the turnaround interval at its Kearl oilsands K1 train to four years from two years.
TC Energy Corporation is advancing a project designed to add 0.8 bcf/d of capacity to its Columbia Gas system, which runs from New York state to the U.S. Midwest and Southeast, extending the company’s reach into a corridor that serves multiple high-growth power and industrial markets.
The active rate of drilling rigs in Western Canada levels out in April — with 40 to 42 per cent of the fleet working for the final three weeks of the month, according to Rig Locator.
During the fourth quarter, the expanded Trans Mountain Corporation system had a record average daily throughput of 807,000 bbls/d.
Questerre Energy Corporation has closed the previously announced sale of its non-operated minority working interest in its Kakwa Central assets for total consideration of $23.5 million, effective May 1, 2026.
SECURE Waste Infrastructure Corp. is now expecting growth capital investment of $100 million in 2026 (from $75 million previously), reflecting the timing acceleration of previously announced projects, as well as incremental rail cars to support metals recycling logistics.
Brookfield and The Nuclear Company (TNC), a nuclear project development and delivery company, announced a partnership to form a new company specializing in the development of Westinghouse nuclear reactor technology.