Canada

Canadian independent Nexen and oil sands focused OPTI Canada have officially opened the Long Lake oil sands project in Alberta. The completion of the project comes as a number... 2008-10-24

Canadian independent EnCana has put its plans to divide the company into two entities focusing respectively on natural gas and oil sands on hold, citing 'uncertainty and volatility... 2008-10-17

Russian state-controlled gas company Gazprom is reportedly on the verge of securing a 27% stake in Canada's Rabaska liquefied natural gas (LNG) terminal. Gazprom chief executive... 2008-10-14

Inflated production costs and tight credit markets may mean oil sands projects will need crude oil prices above US$100 per barrel (bbl) to be viable, according to reports by investment... 2008-09-22

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has awarded four offshore blocks that were up for tender in the 2007 exploration bidding round in the Labrador... 2008-09-16

California-based major Chevron is set to finalise a deal with the government of Newfoundland and Labrador to develop the CAD6bn (US$5.7bn) Hebron oil field.

Houston-based ConocoPhillips has said it hopes fellow US major ExxonMobil will join it and partner British major BP in their Alaskan natural gas pipeline project, Denali. The Denali... 2008-08-12

Canadian independent InterOil has announced that its Elk-4 appraisal well in Papua New Guinea (PNG) logged natural gas flows of 1.8mn cubic metres of gas per day (Mcm/d), equivalent... 2008-08-07

The Canadian province of British Columbia has sold CAD610mn (US$609mn) worth of oil and gas rights in its July lease sale, beating records for all previous months and bringing year-to-date... 2008-07-18

TransCanada and ConocoPhillips plan to extend the Keystone crude pipeline system from Canada to the US Gulf Coast, adding 500,000 barrels per day (b/d) of capacity on the route... 2008-07-17