A strategic gateway to the world By Deborah Jaremko on December 1, 2025, 11:06 am MST Prince Rupert Port Authority CEO Shaun Stevenson. Photo courtesy Prince Rupert Port Authority Tucked into the north coast of B.C. is the deepest natural harbour in N…
Read moreCategory: Trans Mountain Pipeline
Hodgson says it’s ‘premature’ to draw conclusions about B.C. tanker ban fate
OTTAWA – Federal Energy and Natural Resources Minister Tim Hodgson says it’s “premature” for anyone to draw conclusions regarding the potential removal, or adjustment, of the West Coast tanker ban, since no pipeline route has be…
Read moreCanada drops emissions cap for oil and gas sector in agreement with Alberta
Canada’s Prime Minister Mark Carney signed an agreement with Alberta Premier Danielle Smith on Thursday aimed at spurring investment in the energy sector and encouraging the construction of a new oil pipeline to the West Coast. The agreement stat…
Read moreAtkinsRéalis Canada president says Quebec mentality around pipelines changing
CALGARY – The head of AtkinsRéalis Group Inc.’s Canadian division is expressing optimism that Quebec would be receptive to a new pipeline through a province that staunchly opposed the now-defunct Energy East proposal about a decade ago. …
Read moreDiscount on Western Canada Select narrows slightly
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed slightly on Thursday. WCS for December delivery in Hardisty, Alberta, settled at $11.65 a barrel below the U.S. benchmark WTI, according to broke…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for December delivery in Hardisty, Alberta, settled at $11.70 a barrel under the U.S. benchmark WTI, according to brokerage CalRo…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Wednesday. WCS for December delivery in Hardisty, Alberta, settled at $11.50 a barrel under the U.S. benchmark WTI, according to brokerage Cal…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Monday. WCS for December delivery in Hardisty, Alberta, settled at $11.70 a barrel under the U.S. benchmark WTI, according to brokerage CalRock…
Read moreVancouver Fraser Port Authority says plans to dredge Burrard Inlet remain uncosted
VICTORIA – A spokesperson for the Vancouver Fraser Port Authority says plans to dredge Burrard Inlet remain in the preliminary stage with no costs currently attached to them. But the authority, which is leading the dredging, also says that the wo…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Friday. WCS for December delivery in Hardisty, Alberta, settled at $11.65 a barrel under the U.S. benchmark WTI, according to brokerage CalRock…
Read moreEnsign Energy Services Inc. Reports 2025 Third Quarter Results
CALGARY, AB, Nov. 7, 2025 /CNW/ – FINANCIAL HIGHLIGHTS (Unaudited, in thousands of Canadian dollars, except per common share data) Three months ended September 30 Nine months ended September 30 2025 2024 % change 2025 2024 % change Revenue $ 41…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Thursday. WCS for December delivery in Hardisty, Alberta, settled at $11.45 a barrel under the U.S. benchmark WTI, according to brokerage CalRo…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures widened on Wednesday. WCS for December delivery in Hardisty, Alberta, settled at $11.25 a barrel under the U.S. benchmark WTI, according to brokerage CalR…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for December delivery in Hardisty, Alberta, settled at $11.05 a barrel under the U.S. benchmark WTI, according to brokerage CalRo…
Read moreSuncor Energy beats third-quarter profit estimates on higher production
Canada’s integrated oil and gas firm Suncor Energy beat third-quarter profit estimates on Tuesday, as higher production helped offset lower prices. Canadian oil producers are also gaining from the expanded Trans Mountain pipeline, which opens acc…
Read moreTrican Reports Third Quarter Results for 2025 and Declares Quarterly Dividend
Calgary, Alberta–(Newsfile Corp. – October 28, 2025) – Trican Well Service Ltd. (TSX: TCW) (“Trican” or the “Company”) is pleased to announce its third quarter results for 2025. The following news release shoul…
Read moreCanada regulator pauses review of Trans Mountain’s interim tolls application
The Canada Energy Regulator (CER) said on Monday it has approved Trans Mountain’s request to pause the regulatory process for its interim tolls application. This includes postponing a public hearing that was scheduled to start on November 17, the…
Read moreAlberta’s latest pipeline push dredges up ghosts of projects past
CALGARY – Few are as acquainted with Canada’s graveyard of defunct oil pipelines as Alex Pourbaix, a former executive at the company behind the Keystone XL and Energy East proposals. “You can see the scars on my back,” he …
Read morePrecision Drilling Announces 2025 Third Quarter Unaudited Financial Statements
CALGARY, Alberta, Oct. 22, 2025 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements a…
Read moreTrans Mountain pipeline, Canada oil shippers in talks to resolve shipping cost dispute
The operator of Canada’s Trans Mountain pipeline and oil shippers are in talks to resolve a shipping cost dispute that has deterred usage of Canada’s only east-west pipeline and hindered the government’s plan to sell it. Documents fil…
Read moreBusting five myths about the Alberta oil sands
The facts about one of Canada’s biggest industries By Deborah Jaremko on October 19, 2025, 8:36 pm MDT Construction of an oil sands SAGD production well pad in northern Alberta. Photo supplied to the Canadian Energy Centre Alberta’s oil sands sector i…
Read moreWestern Energy Services Corp. releases third quarter 2025 financial and operating results
CALGARY, AB, Oct. 21, 2025 /CNW/ – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its third quarter 2025 financial and operating results. Additional information relating to …
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for November delivery in Hardisty, Alberta, settled at $10.30 a barrel under the U.S. benchmark WTI, according to brokerage CalRo…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed again on Wednesday. WCS for November delivery in Hardisty, Alberta, settled at $10.50 a barrel under the U.S. benchmark WTI, according to brokera…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for November delivery in Hardisty, Alberta, settled at $10.60 a barrel under the U.S. benchmark WTI, according to brokerage CalRo…
Read moreDiscount on Western Canada Select unchanged
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures was unchanged on Friday. WCS for November delivery in Hardisty, Alberta, settled at $11 a barrel under the U.S. benchmark WTI, according to brokerage CalR…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS for November delivery in Hardisty, Alberta, settled at $11 a barrel under the U.S. benchmark WTI, according to brokerage CalRock…
Read moreAlberta and Canada are 80% aligned on potential pipeline proposal, Premier says
Canada and Alberta are not far apart on the terms of a bargain that would create the conditions for a new oil export pipeline to be built in the province in exchange for certain environmental commitments, Premier Danielle Smith told Reuters on Thursday…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Wednesday. WCS for October delivery in Hardisty, Alberta, settled at $11.45 a barrel under the U.S. benchmark WTI, according to brokerage CalR…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for October delivery in Hardisty, Alberta, settled at $11.70 a barrel under the U.S. benchmark WTI, according to brokerage CalRoc…
Read moreEnergy exec tasked with speeding up project approvals in Canada
Canada named senior energy industry executive Dawn Farrell on Friday to lead a new office designed to fast-track the review and approval of natural resources projects such as mines and pipelines, a process that can take a decade. Prime Minister Mark Ca…
Read moreNo rush on new crude oil pipelines, Trans Mountain chief executive says
CALGARY – The chief executive at Trans Mountain Corp. says there should be ample pipeline space to get Canadian crude oil to market until at least 2030 without the need for a whole new project being built from scratch. Mark Maki says at th…
Read moreCanada’s Alberta eyes investment in Japan’s refining to boost oil exports, sources say
Canada’s main oil-producing province of Alberta is considering a financial investment in Japan’s refining sector, two sources familiar with the matter said, an attempt to reduce its overwhelming dependence on top trade partner the United St…
Read moreIndigenous leaders on Trans Mountain lessons as Building Canada Act moves forward
OTTAWA – Two former Indigenous leaders on both sides of the debate over the Trans Mountain pipeline expansion say the federal government can’t ignore First Nations on future infrastructure projects it seeks to approve. Their comments come a…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS for September delivery in Hardisty, Alberta, settled at $11.75 a barrel under the U.S. benchmark WTI, according to brokerage…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures narrowed on Wednesday. WCS for September delivery in Hardisty, Alberta, settled at $11.80 a barrel under the U.S. benchmark WTI, according to brokerag…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for September delivery in Hardisty, Alberta, settled at $12.15 a barrel under the U.S. benchmark WTI, according to brokerage …
Read moreIndia and Spain are buying Canadian oil…from the U.S.
‘Re-exports’ from terminals on the U.S. Gulf Coast continue at a steady pace By Deborah Jaremko on August 12, 2025, 9:14 am MDT Infrastructure at the Enbridge Ingleside Energy Center near Corpus Christi, Texas. EIEC is the largest crude oil storage an…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Monday. WCS for September delivery in Hardisty, Alberta, settled at $12.25 a barrel under the U.S. benchmark WTI, according to brokerage Ca…
Read moreEnsign Energy Services Inc. Reports 2025 Second Quarter Results
CALGARY, AB, Aug. 8, 2025 /CNW/ – FINANCIAL HIGHLIGHTS (Unaudited, in thousands of Canadian dollars, except per common share data) Three months ended June 30 Six months ended June 30 2025 2024 % change 2025 2024 % change Revenue $ 372,415 $ 3…
Read moreUS crude exports hit four-year low in July on low domestic supplies
U.S. crude oil exports eased in July to the lowest levels in nearly four years on low domestic supplies and as Asian and European buyers found cheaper alternatives, undermining U.S. President Donald Trump’s push for more foreign countries to purc…
Read moreCanadian Natural tops profit estimates as output rise offsets crude price dip
Canadian Natural Resources surpassed expectations for second-quarter profit on Thursday, as a rise in oil and natural gas production helped offset a decline in crude prices. Oil producers in the country have been benefiting from the commencement of ope…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Wednesday. WCS for September delivery in Hardisty, Alberta, settled at $11.85 a barrel under the U.S. benchmark WTI, according to brokerage…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Tuesday. WCS for September delivery in Hardisty, Alberta, settled at $11.75 a barrel under the U.S. benchmark WTI, according to brokers, co…
Read moreSuncor Energy tops second-quarter profit estimates on higher production
Canadian oil producer Suncor Energy exceeded analysts’ second-quarter profit expectations on Tuesday, as higher output helped offset the impact of weak commodity prices. Even as volatility in oil prices drives the broader energy industry into a d…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Friday. WCS for September delivery in Hardisty, Alberta, settled at $11.70 a barrel under the U.S. benchmark WTI, according to brokerage Ca…
Read moreImperial announces second quarter 2025 financial and operating results
Quarterly net income of $949 million Cash flows from operating activities of $1,465 million and cash flows from operating activities excluding working capital1 of $1,413 million Upstream production of 427,000 gross oil-equivalent barrels per day, highe…
Read moreGrowth in value of Alberta energy has benefits nationwide
Strong numbers highlight the importance of oil and gas to Canada’s prosperity By Grady Semmens on July 29, 2025, 8:35 pm MDT Oil sands workers in northern Alberta. Photo courtesy Pathways Alliance The recent expansion of the Trans Mountain pipeline he…
Read moreCanada’s Trans Mountain eyes open season later this year for pipeline capacity growth
The operator of Canada’s Trans Mountain oil pipeline may launch a process this year to formally gauge commercial interest in the first of a series of potential projects to increase the system’s capacity, CEO Mark Maki said on Wednesday. The…
Read moreChinese refiner Yulong buys first Canadian TMX crude oil cargoes
China’s Shandong Yulong Petrochemical has bought its first Canadian crude oil cargoes exported via the Trans Mountain pipeline (TMX) for September and October delivery, trade sources said, as the new refiner diversifies its supplies. Yulong bough…
Read morePrecision Drilling Announces 2025 Second Quarter Unaudited Financial Statements
CALGARY, Alberta, July 29, 2025 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements a…
Read moreTrican Reports Second Quarter Results for 2025 and Declares Quarterly Dividend
Calgary, Alberta–(Newsfile Corp. – July 29, 2025) – Trican Well Service Ltd. (TSX: TCW) (“Trican” or the “Company”) is pleased to announce its second quarter results for 2025. The following news release should …
Read moreSECURE announces 2025 second quarter results
Recorded Q2 2025 Adjusted EBITDA of $110 million ($0.49/basic share) Achieved a 12% year-over-year increase in Adjusted EBITDA per share for the six months ended June 30, 2025 Maintaining our full-year 2025 Adjusted EBITDA guidance of $510 – $540…
Read moreWestern Energy Services Corp. releases second quarter 2025 financial and operating results
CALGARY, AB, July 22, 2025 /CNW/ – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its second quarter 2025 financial and operating results. Additional information relating to …
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures settled Thursday at its widest since March. WCS for August delivery in Hardisty, Alberta, settled at $11 a barrel under the U.S. benchmark WTI, accord…
Read moreDiscount on Western Canada Select widens again
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures settled Wednesday at its widest since March. WCS for August delivery in Hardisty, Alberta, settled at $10.95 a barrel under the U.S. benchmark WTI, ac…
Read moreDiscount on Western Canada Select widest since March
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures settled at $10.90 a barrel on Tuesday, its widest differential since March this year. WCS for August delivery in Hardisty, Alberta, widened from $10.4…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Monday. WCS for August delivery in Hardisty, Alberta, settled at $10.40 a barrel under the U.S. benchmark WTI, according to brokerage CalRo…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Friday. WCS for August delivery in Hardisty, Alberta, settled at $10.20 a barrel under the U.S. benchmark WTI, according to brokerage CalRo…
Read moreDiscount on Western Canada Select narrows to $10 a barrel
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures narrowed on Thursday to its tightest discount this month. WCS for August delivery in Hardisty, Alberta, settled at $10 a barrel under the U.S. benchma…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures narrowed on Wednesday. WCS for August delivery in Hardisty, Alberta, was trading at $10.15 a barrel under the U.S. benchmark WTI, according to brokera…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures was trading slightly higher during the Tuesday session. WCS for August delivery in Hardisty, Alberta, was trading at $10.25 a barrel under the U.S. be…
Read moreAlberta natural gas expected to see a bump next year thanks to LNG exports: Deloitte
CALGARY – A new report from advisory firm Deloitte is forecasting a big jump in Alberta natural gas prices next year, with the country’s first West Coast export facility now up and running. The Alberta benchmark AECO price is expected to av…
Read moreDiscount on Western Canada Select unchanged
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures was unchanged on Friday. WCS for August delivery in Hardisty, Alberta, settled at $10.30 a barrel under the U.S. benchmark WTI, according to brokerage…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Thursday. WCS for August delivery in Hardisty, Alberta, settled at $10.30 a barrel under the U.S. benchmark WTI, according to brokerage Cal…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures widened on Wednesday. WCS for August delivery in Hardisty, Alberta, settled at $10.05 a barrel under the U.S. benchmark WTI, according to brokerage Ca…
Read moreWhy it’s time to repeal the oil tanker ban on B.C.’s north coast
Moratorium does little to improve marine safety while sending the wrong message to energy investors By Will Gibson The Port of Prince Rupert on the north coast of British Columbia. Photo courtesy Prince Rupert Port Authority In 2019, Martha Hall Findla…
Read moreDiscount on Western Canada Select narrows
The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures narrowed on Tuesday. WCS for July delivery in Hardisty, Alberta, settled at $9.15 a barrel under the U.S. benchmark WTI, according to brokerage CalRoc…
Read moreDiscount on Western Canada Select widens
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate (WTI) futures widened on Monday. WCS for July delivery in Hardisty, Alberta, settled at $9.20 a barrel under the U.S. benchmark WTI, according to broker…
Read moreDiscount on Western Canada Select narrows as global oil prices leap on Israel-Iran air strikes
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate (WTI) futures narrowed on Friday, as global oil prices leaped on escalating Israel-Iran tensions. WCS for July delivery in Hardisty, Alberta, settled at…
Read moreCanada should not rush potential sale of TMX pipeline, Trans Mountain CEO says
Canada should not rush to sell the newly expanded Trans Mountain oil pipeline, its CEO, Mark Maki, said on Wednesday at a conference in Canada. The Canadian government, which owns the pipeline and spent C$34 billion ($24.9 billion) completing an expans…
Read moreDiscount on Western Canada Select narrows slightly
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate (WTI) futures narrowed slightly on Monday. WCS for July delivery in Hardisty, Alberta, settled at $8.80 a barrel under the U.S. benchmark WTI, according…
Read moreNatural gas pipeline ownership spreads across 36 First Nations in B.C.
Stonlasec8 agreement is Canada’s first federal Indigenous loan guarantee By CEC Staff Chief David Jimmie is president of Stonlasec8 and Chief of Squiala First Nation in B.C. He also chairs the Western Indigenous Pipeline Group. Photo courtesy Western I…
Read moreDiscount on Western Canada Select heavy crude widens; wildfires reduce Canadian output
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) widened on Tuesday but remained in historically tight territory as wildfires continued to disrupt Canadian oil production. WCS for July de…
Read moreDiscount on Western Canada Select heavy crude widens; wildfires affect production
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) widened on Monday but remained in historically tight territory as wildfires affected Canadian oil production. WCS for July delivery in Har…
Read moreTrans Mountain could take on more pipeline projects if private sector can’t: CEO
CALGARY – The CEO of Crown-owned pipeline operator Trans Mountain Corp. says it could take on other market-expanding pipeline projects if necessary, but that it would be preferable for the private sector to take the lead. Trade tumult in recent m…
Read moreWestern premiers agree to develop new economic corridors, call for federal support
YELLOWKNIFE – Canada’s western premiers say they’ve agreed to identify, plan and develop new economic corridors to connect provincial resources to international markets. A joint statement issued Thursday says doing so would boost Cana…
Read moreCanada’s crude oil shift to China schools Trump in unintended consequences: Russell
If there is a law of unintended consequences, then a good example is how commodity markets are adjusting to both the realities and the perceived threats of the tariff war launched by U.S. President Donald Trump. Trump’s trade and tariff measures …
Read moreWith US trade war, China now top buyer for Canadian crude on Trans Mountain pipeline
(BOE Report) – China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain pipeline, […]
Read moreWith US trade war, China now top buyer for Canadian crude on Trans Mountain pipeline
China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain pipeline, ship tracking data showed, as a U.S. trade war has shifted crude flows in the year since the pipeline started operating. China’s new interest …
Read moreDiscount on Western Canada Select heavy crude widens
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) widened on Thursday. WCS for June delivery in Hardisty, Alberta, settled at $9.25 a barrel under the U.S. benchmark WTI, according to brok…
Read moreFederal Indigenous Loan Guarantee Program Celebrates First Loan Guarantee
36 First Nations to Invest in a 12.5% Ownership Stake in Enbridge’s Westcoast natural gas pipeline system Toronto, Ontario–(Newsfile Corp. – May 15, 2025) – Canada Development Investment Corporation (CDEV), through its subsidiar…
Read moreDiscount on Western Canada Select heavy crude unchanged
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) was unchanged on Wednesday. WCS for June delivery in Hardisty, Alberta, settled at $9.15 a barrel under the U.S. benchmark WTI, according …
Read moreDiscount on Western Canada Select heavy crude widens
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) widened on Tuesday. WCS for June delivery in Hardisty, Alberta, settled at $9.15 a barrel under the U.S. benchmark WTI, according to broke…
Read moreTrican Reports First Quarter Results for 2025 and Declares Quarterly Dividend
Calgary, Alberta–(Newsfile Corp. – May 12, 2025) – Trican Well Service Ltd. (TSX: TCW) (“Trican” or the “Company”) is pleased to announce its first quarter results for 2025. The following news release should be…
Read moreDiscount on Western Canada Select heavy crude unchanged
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) was unchanged on Monday. WCS for June delivery in Hardisty, Alberta, settled at $9.10 a barrel under the U.S. benchmark WTI, brokers said,…
Read moreEnsign Energy Services Inc. Reports 2025 First Quarter Results
CALGARY, AB, May 12, 2025 /CNW/ – FIRST QUARTER HIGHLIGHTS Revenue for the first quarter of 2025 was $436.5 million, a one percent increase from the first quarter of 2024 revenue of $431.3 million. Revenue by geographic area: Canada – $152….
Read moreDiscount on Western Canada Select heavy crude unchanged
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) was unchanged on Friday. WCS for June delivery in Hardisty, Alberta, settled at $9.10 a barrel under the U.S. benchmark WTI, according to …
Read moreCardinal Energy Ltd. Announces First Quarter 2025 Operating and Financial Results
Calgary, Alberta–(Newsfile Corp. – May 8, 2025) – Cardinal Energy Ltd. (TSX: CJ) (“Cardinal” or the “Company”) is pleased to announce its operating and financial results for the first quarter ended March 31, 20…
Read moreDiscount on Western Canada Select heavy crude widens
The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) widened on Thursday. WCS for June delivery in Hardisty, Alberta, settled at $9.10 a barrel under the U.S. benchmark WTI, according to brok…
Read moreWestern Canada Select continues to show strength, as discount narrows again
Canadian heavy crude pricing continues to show strength, as the discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) narrowed again on Wednesday. WCS for June delivery in Hardisty, Alberta, settl…
Read moreDiscount on Western Canada Select heavy crude tightens further, settles below $9
The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) continued its tightening trend on Tuesday, settling below $9 for the first time in approximately five years. WCS for June deli…
Read moreDiscount on Western Canada Select heavy crude unchanged
The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) was unchanged on Monday, remaining within the historically tight range it has been trading at this spring. WCS for June delive…
Read moreDiscount on Western Canada Select heavy crude narrows
The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) narrowed on Friday, continuing a trend of what has been historically tight levels this spring. WCS for June delivery in Hardis…
Read moreCanada’s Imperial Oil posts rise in quarterly profit on stronger refining margins
Canadian oil producer Imperial Oil posted a rise in first-quarter profit on Friday, driven primarily by stronger margins in its refining and fuel sales business, sending its U.S.-listed shares up nearly 6% before the bell. Canadian producers have benef…
Read moreDiscount on Western Canada Select heavy crude narrows; remains historically tight
The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) narrowed on Thursday, continuing a trend of what has been historically tight levels this spring. WCS for June delivery in Hard…
Read morePrecision Drilling trims 2025 capital budget amid market uncertainty
CALGARY – Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs. Chief executive Kevin Neveu says Precision expects to spend $…
Read morePrecision Drilling Announces 2025 First Quarter Unaudited Financial Results
CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements …
Read moreWestern Energy Services Corp. releases first quarter 2025 financial and operating results
CALGARY, AB, April 22, 2025 /CNW/ -Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its first quarter 2025 financial and operating results. Additional information relating to the Co…
Read moreWestern Canada Select heavy crude discount returns to pre-Keystone spill narrowness
The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) narrowed on Monday, returning to the extremely tight levels it was trading at prior to last week’s shutdown of the Keyst…
Read moreCanada’s South Bow cuts crude trading team, focuses on contracted pipeline volumes, sources say
Calgary-based pipeline company South Bow has cut the size of its crude trading team as it seeks to boost the volume of oil sold on contract through its pipeline systems and reduce how much crude it trades, three people told Reuters this week. South Bow…
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