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HomeCanada

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Crude Oil News

TC Energy confirms the nixing of the Keystone XL Pipeline Project

June 9, 2021 Stu Turley

TC Energy on Wednesday confirmed that it is nixing the Keystone XL Pipeline following President Biden’s move to revoke a permit for the project during his first day in office. “Construction activities to advance the […]

Crude Oil News

Company Defies Michigan Governor’s Order to Shut Down Oil Pipeline

May 25, 2021 Andy Del Prado

A Canadian energy company has defied an order from Michigan Gov. Gretchen Whitmer to shut down a controversial oil and gas pipeline Wednesday amid growing concern that doing so could lead to fuel disruptions similar to those resulting from […]

Heidi Terry and Stu - Energy News Beat Podcast
Crude Oil News

Energy News Beat Podcast: We cover the Canadian/US Pipeline political failures from Bear Country and Calgary

May 24, 2021 Stu Turley

This is an outstanding podcast with our favorite Canadian oil and gas expert commentators! We had the privilege of interviewing Heidi McKillop, movie producer, and Terry Etam a year ago on another podcast series. We […]

Endbridge - EnergyNewsBeat.com
Crude Oil News

Enbridge defies Michigan governor’s order to close pipeline

May 19, 2021 Stu Turley

TRAVERSE CITY, Mich. (AP) — An Upper Midwestern oil pipeline continued operating Wednesday, despite a shutdown demand from Michigan Gov. Gretchen Whitmer that the operator warned could lead to fuel disruptions similar to those resulting […]

Canada Flag - EnergyNewsBeat ENB
International News

Japex sells Canadian shale gas stake to Petronas

May 17, 2021 Stu Turley

Japan’s Japex will sell its 10% stake in a Canadian shale gas project to Malaysia’s Petronas amid concerns over profitability and its carbon footprint. Japex is divesting its share of a joint venture that is responsible for […]

Crude Oil News

Enbridge federal court case receives broad support from government, business and labour from Michigan, Canada, and throughout the region

May 13, 2021 Andy Del Prado

CALGARY, AB and LANSING – The Government of Canada and entities representing hundreds of thousands of businesses and workers from across the Great Lakes region in the United States and Canada demonstrated support for Enbridge’s case in federal court over the Line 5 […]

Earnings

Canadian Natural Resources Limited Announces 2021 First Quarter Results

May 7, 2021 Andy Del Prado

Calgary, Alberta–(Newsfile Corp. – May 6, 2021) – Commenting on the Company’s first quarter 2021 results, Tim McKay, President of Canadian Natural stated “The COVID-19 pandemic continues to challenge our everyday living and the way […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Commodities

U.S. crude oil imports from OPEC are down, but imports from Canada remain high

May 5, 2021 Andy Del Prado

U.S. crude oil imports from OPEC are down, but imports from Canada remain high Source: U.S. Energy Information Administration, Petroleum Supply Monthly Voluntary OPEC production cuts have been contributing to reduced U.S. crude oil imports from OPEC so far […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Crude Oil News

U.S. crude oil imports from OPEC are down, but imports from Canada remain high

April 29, 2021 Andy Del Prado

Crude oil imports into the United States reached a peak in 2005, but they dropped 42% between 2005 and 2020 to an average of 5.9 million barrels per day (b/d), the lowest level since 1991. […]

International News

Line 5 oil pipeline dispute raises tensions between U.S. and Canada

April 28, 2021 Stu Turley

Months after President Joe Biden snubbed Canadian officials by canceling Keystone XL, an impending showdown over a second crude oil pipeline threatens to further strain ties between the two neighbors that were frayed during the […]

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