MEXICO CITY, July 21 (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday denied his energy policies breached a regional trade agreement after Canada challenged them, and said that he had reached agreement with […]
Suncor Energy Inc. reached a deal with activist investor Elliott Investment Management LP to appoint three new directors to the Canadian oil sands company’s board and review its retail business for a possible sale. The […]
The discount on Canadian heavy crude versus the West Texas Intermediate (WTI) benchmark edged tighter on Thursday: * Western Canada Select (WCS) heavy blend crude for August delivery in Hardisty, Alberta, settled at $21.60 a […]
North America added 11 rigs week on week, according to Baker Hughes’ latest rotary rig count, which was published on July 8. Nine of the weekly additions came from Canada and the other two came […]
Russia’s Gazprom cut capacity along the Nord Stream 1 pipeline to just 40% of usual levels last month, citing the delayed return of a turbine being serviced by Germany’s Siemens Energy, in Canada. A decision to return […]
Following the publication of BP’s annual Statistical Review, each year Rystad Energy releases our own analysis of the global energy landscape to provide an independent, data-based comparison and evaluation. Continuing the trend from previous years, […]
Prime Minister Justin Trudeau says Canada is looking at expanding energy infrastructure to help Europe over the “medium term” to transition away from Russian oil and gas. Trudeau, speaking to reporters in Elmau, Germany, at […]
Canada is banning the manufacture and importation of single-use plastics by the end of the year, the government announced on Monday, in a major effort to combat plastic waste and address climate change. The ban […]
Gasoline prices continued to trend upward across much of Canada over the weekend and experts warn more increases are coming. The Canadian Automobile Association says national average gas prices rose to nearly $2.06 on Sunday, […]
An important lesson from our many supply chain snarls is that upstream shortages can cause major downstream jams. Short on lumber? That’ll crimp wooden pallet supplies and disrupt goods transport. Short on aluminum? You’ll have to […]
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