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More than 1,000 trucks lead convoy of protest to support oil and gas industry

December 20, 2018

More than a thousand trucks drove in a convoy south of Edmonton to protest the ailing state of the oil and natural gas industry. The convoy was part of a pro-pipeline rally featuring Opposition Conservative leader Andrew Scheer in Nisku,

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CAODC applauds federal funding, but points out much more is needed

December 19, 2018

The Canadian Association of Oilwell Drilling Contractors (CAODC) appreciates the $1.5 billion from Ottawa to support the oil and gas sector, but are reminding everyone that very serious problems remain. “While we are grateful for help in any capacity at

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B.C. LNG plans get a second look as market shifts

December 19, 2018

The scramble for new projects to export liquefied natural gas (LNG) is shifting to the Pacific Northwest, where longstanding proposals are getting a renewed look as rising shipping rates make the region’s easy access to Asia more appealing, with gas

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Husky’s hostile takeover of MEG likely to move forward

December 19, 2018

A CIBC oil and gas analyst says the recent deterioration in crude oil prices makes it unlikely that a better offer will emerge to force Husky Energy Inc. to sweeten its hostile takeover bid for an oil sands rival. Husky reported this week that it

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Ottawa pledges $1.6 billion for energy sector

December 18, 2018

Canada’s battered energy industry is getting a $1.6-billion boost from Ottawa to try to slow the political and economic bleeding. Natural Resources Minister Amarjeet Sohi and International Trade Diversification Minister Jim Carr were at an Edmonton college campus to unveil a

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Ottawa to announce help for oil and gas sector today

December 18, 2018

Natural Resources Minister Amarjeet Sohi and International Trade Diversification Minister Jim Carr will be at an Edmonton college campus today to unveil a support package for oil and gas companies to reach new markets. The announcement is in Alberta, but

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Protesters boo free trade and Quebec at pipeline rally

December 18, 2018

Angry protesters demanding that Canada build new pipelines interrupted speeches by Calgary’s mayor and councilors at a downtown rally yesterday. Loud boos rose from the crowd at any mention of Quebec or free trade after city council passed a resolution declaring

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Enbridge, Spectra Energy finalize merger

December 17, 2018

Enbridge Inc. and Spectra Energy Partners (SEP) today announced that they have completed the previously announced merger following their Agreement and Plan of Merger from back on August 24. The merger resulted in Enbridge acquiring all of the outstanding public common

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CIBC pulls energy portion of Whistler conference after mayor’s comments

December 17, 2018

Canadian Imperial Bank of Commerce scrapped the energy portion of its annual investor conference in Whistler, B.C. next month after requests by the resort town’s mayor for a major oil producer to help pay for the cost of climate change

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B.C. Northwest coast revisited as LNG becomes more attractive

December 17, 2018

The scramble for new projects to export liquefied natural gas (LNG) is shifting to the Pacific Northwest, where longstanding proposals are getting a renewed look as rising shipping rates make the region’s easy access to Asia more appealing, with gas