Canada

The provincial government of Alberta has cut royalties on production from unconventional resources as the final part of a regulatory overhaul that began earlier this year.

The provincial government of Alberta has selected Calgary-based Northwest Upgrading (NWU) as the first potential beneficiary of its bitumen royalty in kind (BRIK) programme.

Canada's Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced on May 20 that it has implemented more stringent regulatory oversight for US major Chevron's deepwater... 2010-05-21

Calgary-based explorer and producer Nexen sold its conventional heavy oil assets on the Alberta-Saskatchewan border to a private equity-backed buyer for CAD975mn (US$923mn) on May... 2010-05-20

US-based gas producer EOG Resources has agreed to acquire Galveston LNG, the founder of the Kitimat liquefaction project in western Canada, paving the way for the company's entry... 2010-05-19

Canadian Natural Resources (CNR), Canada's second largest oil and gas producer after Suncor, has earmarked CAD1bn (US$960mn) to buy natural gas properties in Alberta and British... 2010-05-10

The provincial government of Nova Scotia has announced a major overhaul of its oil and gas exploration licensing framework, improving the terms for explorers in the provinces. The changes,... 2010-05-05

The Canadian government is expected to defer its policy review of Beaufort Sea drilling in the Arctic to incorporate lessons from BP's Macondo blow-out in the US Gulf of Mexico (GoM).

Norway's state-run Statoil has signed a contract to supply the Toronto metropolitan area with 3.2bn cubic metres (bcm) of Marcellus shale gas per annum.

US major ConocoPhillips has unveiled plans for a large-scale sale of onshore North American assets as part of its US$10bn divestment programme announced in late 2010.