Why Canada Still Needs Domestic Supply Of Sand After Tariff Relief
Even with counter-tariffs on U.S. frac sand now lifted, Canada’s oil and gas industry will likely not abandon strategies aimed at diversifying its supply of this key product.
Even with counter-tariffs on U.S. frac sand now lifted, Canada’s oil and gas industry will likely not abandon strategies aimed at diversifying its supply of this key product.
The trade of heavy crude barrels from the Trans Mountain Corporation system through the Port of Vancouver could become a useful reference price for the North Pacific, a price reporting agency executive said recently in Calgary.
The active rate in Western Canada was steady in August, holding at the 50 per cent mark throughout the month, according to Rig Locator.
Enbridge Inc. has reached a final investment decision on two gas transmission projects.
Plains All American Pipeline, L.P. is acquiring a 55 per cent non-operated interest in EPIC Crude Holdings, LP from subsidiaries of Diamondback Energy, Inc. and Kinetik Holdings Inc.
Obsidian Energy Ltd. has completed the previously announced redemption of $30 million aggregate principal of its 11.95 per cent senior unsecured notes due July 27, 2027 on Aug. 29, 2025, on a pro rata basis, as set forth in the notice of partial redemption issued Aug. 18, 2025.