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Energy investment heavyweight blasts Ottawa’s pipeline policy

November 14, 2018

One of the largest foreign holders of Canadian energy stocks says investors are turning away from the country, frustrated over Prime Minister Justin Trudeau’s failure to get pipelines built to ease a record discount for oil-sands crude. According to Bloomberg

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Oil sands producers ponder production cuts

November 13, 2018

The pipeline bottlenecks that have strangled Canadian crude prices have at least one major energy producer calling for oil-rich Alberta to mandate output reductions. Oil sands producer Cenovus Energy Inc. says the province already has legislation on the books that

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Madison Chemical website now tailored for pulp & paper industry

November 13, 2018

Madison Chemical has unveiled their new website which presents comprehensive information about their formulated cleaning chemicals for the pulp & paper industry in an intuitive, easy-to-navigate format. This user-friendly site at www.madchem.com allows users to search for products by application

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Cannabis and oil: how Canada can get it so right, and so wrong

November 13, 2018

The roll-out of legal cannabis is a prime example of how Canada can get things right. Energy shows how the country sometimes gets it wrong. That’s the view of GMP Capital Inc.’s Harris Fricker, who is seeing deal-making in marijuana

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Alberta oil producers losing at least $13 billion so far this year

November 12, 2018

Imagine producing a bumper crop of a product in high demand around the globe, only to learn you must settle for a discounted price because there’s no easy way to get your product to market. Canadian grain farmers experienced that

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New ways to move Alberta crude: oil pucks and pellets

November 12, 2018

Canada’s biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada’s crude in

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Third quarter numbers and production cuts announced

November 9, 2018

Production cutbacks and deferred drilling programs are emerging as a common theme as Calgary-based oil and gas companies elect to leave barrels in the ground rather than sell at current low prices. In third-quarter results released this week, energy companies large and

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U.S. judge halts Keystone XL pipeline

November 9, 2018

Stop me if you’ve heard this one before… A federal judge in Montana halted construction of the Keystone XL oil pipeline on Thursday on the grounds that the U.S. government did not complete a full analysis of the environmental impact

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It’s a good time to build in Alberta, says Imperial Oil CEO

November 8, 2018

Almost two years after Exxon Mobil Corp. removed billions of barrels of oil-sands crude from its reserves, its Imperial Oil Ltd. unit is investing again, saying low Canadian crude prices that scared off the other majors make it a perfect

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NEB to hear input from Indigenous groups on Trans Mountain pipeline

November 8, 2018

The National Energy Board will hear oral traditional evidence from Indigenous groups in the coming weeks as part of its new review of the Trans Mountain pipeline expansion. According to Canadian Press, Ottawa ordered the energy board to review the