A high price differential means lower-than-expected royalties for governments.
pipeline construction
April 30, 2019
8:29AM
In November 2018, Canadian heavy oil was sold at 30 per cent of the value of U.S. oil.
April 4, 2019
12:18PM
President Trump granted permission to TransCanada Corporation to construct pipeline capacity at the border.
February 22, 2019
1:40PM
Compared to U.S. crude, Canadian heavy crude traded at a 41 per cent price discount.
February 1, 2019
1:37PM
Iraq and Mexico will likely benefit in the race to replace Venezuela’s heavy crude.
December 14, 2018
2:14PM
Washington eased federal vehicle emissions standards and repealed a regulation on hydraulic fracturing.
November 16, 2018
2:47PM
Canadian exporters face increasing competition from a growing shale oil industry in China.
October 31, 2018
12:24PM
The Notley government imposed a 100 megatonne cap on greenhouse gas emissions from the oilsands.
October 22, 2018
2:01PM
Bill C-69 would add more uncertainty to Canada’s already onerous regulatory process.