Updated Aug 22, 2024
8/22/24
The commercial start up of Western Canada’s first natural gas export project, LNG Canada, is going to lead to an uptick in Montney Shale drilling in 2025, according to Calgary-based Precision Drilling Corp.
Canadian energy market fundamentals are improving enough to support a “sustained period of elevated natural gas drilling,” particularly in the Western Canadian Sedimentary Basin, Precision Drilling Corp.’s chief said.
Canadian oil and gas producers, service firms and financers predict a “moderate growth” year in 2024 as new overseas export outlets surface on the Pacific coast of British Columbia (BC), according to ATB Capital Markets Inc.
Canada’s Trans Mountain Pipeline expansion (TMX) has reportedly reached “a major milestone” by passing its halfway mark to completion.
Alberta oilsands specialist Meg Energy Corp. reported that it has retained a 20,000 b/d oil shipping contract on the incomplete expansion of the Trans Mountain Pipeline.
Oil and refined products flows resumed Sunday through Trans Mountain Pipeline after a three-week suspension of deliveries as a safety precaution during floods in southern British Columbia.
Oil and refined products flows resumed Sunday through Trans Mountain Pipeline after a three-week suspension of deliveries as a safety precaution during floods in southern British Columbia.
Trans Mountain Corp. has won approval from Canadian federal authorities for a route detour to end a prolonged Indigenous territorial and environmental dispute that threatened to delay its C$12.6 billion ($10 billion) Trans Mountain Expansion crude pipeline project (TMX).
Route and construction changes have ended the second British Columbia (BC) native rights dispute that threatened to delay the C$12.6 billion ($10 billion) Trans Mountain Pipeline expansion (TMX).
Work has resumed on the Trans Mountain Pipeline expansion after a planned two-week pause stretched into a 52-day safety procedure overhaul on the 1,150-kilometer (690-mile) oil conduit across Alberta and British Columbia.