Canada

Canada's Imperial Oil has delayed a final investment decision (FID) on the Mackenzie gas pipeline project to 2013, pushing back the launch date to 2018 at the earliest.

The terms of the Terre de Grace deal have not been disclosed, although BP confirmed to the press on March 16 that it has farmed in to an operating interest in the project. The Terre... 2010-03-16

The Albertan government has announced major changes to its royalty regime for conventional oil and gas production in an attempt to draw more investment into the province. The alterations... 2010-03-12

Canada's National Energy Board (NEB) announced on March 11 that it had granted TransCanada approval to build and operate the Canadian section of its proposed Keystone XL Pipeline... 2010-03-12

British major BP has agreed to pay US$7bn for US independent Devon Energy's assets in the US Gulf of Mexico (GoM), Azerbaijan and Brazil. The March 11 agreement, part of Devon's... 2010-03-11

South Korea's state-run Korea Gas (Kogas) has signed an agreement with Canadian independent gas producer EnCana to jointly develop three unconventional gas fields in British Columbia... 2010-03-01

BP is allegedly in talks to acquire a majority stake in private Canadian oil sands company Value Creation for US$1.2bn.