While Teine Energy’s top executive Jason Denney knows Canada needs to support export to markets beyond the U.S., he isn’t holding his breath that it will be done in a timely matter.
TC Energy Corporation expects proposed U.S. tariffs on Canadian or Mexican oil and gas imports will have limited near-term impact on the financial performance of existing operations across North America, president and chief executive officer François Poirier said at the company’s 2024 year-end earnings call.
Enbridge Inc. president and CEO Greg Ebel expects potential impacts from proposed tariffs on U.S. energy imports on the company’s operations would be limited and “not material.”
The proposed U.S. tariffs on Canadian oil and gas imports has rekindled the debate on building new oil and gas export infrastructure to lower dependence on U.S. markets, but TC Energy Corporation plans to focus on the opportunities already in front of it in Canada.
In anticipation of potential U.S. tariffs on Canadian exports, including oil and gas, Precision Drilling Corporation purchased $18 million of drill pipe in the fourth quarter 2024.
Governments across Canada issued 765 new well licences in January, up from 697 a year ago, with higher permitting counts in Alberta helping to drive the increase.
Keyera Corp.’s long-term propane sales agreements with AltaGas Ltd.’s Canadian West Coast terminals is a “win-win” for both companies and will enhance Keyera and customer access to international pricing, diversifying sales opportunities.
Keyera Corp. says Alberta EnviroFuels (AEF) will be taken offline for approximately six weeks in the spring of 2025 to conduct maintenance activities addressing an “unexpected” operational issue.
DOB Energy has published the January edition of the On The Move newsletter.
DOB Energy will not publish on Monday, Feb. 17, due to the Family Day holiday in Alberta.
Enbridge Inc.’s top executive says 2024 was a “historic year” for the company on many fronts as it set numerous operational and financial records.
Strong pipeline utilization across its North American natural gas assets resulted in stable earnings for TC Energy Corporation in the fourth quarter of 2024, its first full quarter of operations since spinning off its liquids pipeline division into South Bow Corporation.
The Alberta government announced Thursday it is investing nearly $55 million towards 15 projects worth more than $156 million in public and private investment through Emissions Reduction Alberta.
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 14, 2025, as reported this morning by Rig Locator.
The U.S. rig count is up two from last week to 588 with oil rigs up one to 481, gas rigs up one to 101 and miscellaneous rigs up unchanged at six.
Birchcliff Energy Ltd. reported flat reserves growth in 2024 as downward technical revisions to existing development and revisions due to a lower 2025 price forecast cancelled out positive reserve additions from its drilling program.