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Tag: oilpatch
Oilpatch seethes over new environmental rules for pipelines: Deeply disappointing.'
2016-01-29 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Post: Many in the oilpatch are quietly seething over Ottawa`s announcement that decisions on the Energy East and Trans Mountain pipelines will be delayed as it studies the projects contributions to greenhouse gas emissions. Ottawa to take more time weighing Energy East, Trans Mountain pipeline approvals The two companies proposing the pipelines, TransCanada Corp. and Kinder Morgan Inc., were diplomatic in their responses to the new approval rules announced Wednesday, saying they had "concerns" about...
Tags: rules
environmental
deeply
disappointing
Moody's reviewing ratings on oilpatch companies
2016-01-22 17:45:36| Energy - Topix.net
More than a dozen companies operating in the Canadian oilpatch could have their credit ratings downgraded by Moody's as it reassesses oil companies around the world. The debt ratings for more than a dozen Canadian companies have been placed under review and may be downgraded by Moody's Investor Services as a result of lower oil and gas prices.
Tags: companies
ratings
reviewing
moodys
Experts see more good than bad for Canada's oilpatch if U.S. oil export ban ends
2015-12-17 14:16:58| Energy - Topix.net
Experts see more good news than bad for Canada's energy industry if the U.S. lifts its decades-old ban on oil exports. The ban came into force when oil shortages were commonplace 40 years ago - a stark contrast to today's U.S. glut, thanks to fracking in shale formations in Texas and North Dakota.
Experts see more good than bad for Canada's oilpatch if U.S. oil export ban ends
2015-12-17 11:18:04| Oil & Gas - Topix.net
Experts see more good news than bad for Canada's energy industry if the U.S. lifts its decades-old ban on oil exports. The ban came into force when oil shortages were commonplace 40 years ago - a stark contrast to today's U.S. glut, thanks to fracking in shale formations in Texas and North Dakota.
Canada's oilpatch adjusts to the 'new normal' after a year of pain
2015-12-15 18:00:12| Energy - Topix.net
"It's definitely a noticeable slowdown," said Mayor Craig Copeland, who has been hearing from hotels, restaurants and retailers that business is down about 30 per cent year-over-year in the oilpatch's bedroom community. It's not much of a surprise, with crude prices spending most of the year under US$50 a barrel and sinking below US$40 a barrel this month.