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12.11.2013 Malaysia’s Petronas to Sell Canada Shale Stake to Indian Firm

Malaysia's Petronas is close to selling a stake in its Canadian shale gas assets to an Indian company as it looks to share some of the costs of bringing cheap liquefied natural gas from North America to energy-hungry Asia, Reuters reported on November 12.

08.11.2013 Canada Oil Companies Trail US, Europe on Environmental Disclosure

Canada’s biggest energy companies including Suncor Energy Inc. (SU) and Imperial Oil Ltd. (IMO) are trailing global peers in reporting environmental performance as scrutiny of the oil sands intensifies, Bloomberg said on November 8.

06.11.2013 Oil Sands Pose Challenge to Environment in Canada

Canada’s oil industry is producing more greenhouse gas emissions per barrel than it did five years ago, despite Alberta regulations aimed at curbing them and growing political pressure on the industry from governments in the United States and Europe concerned about clima

06.11.2013 Canadian Provinces Reach Agreement on Pipeline

The Alberta and British Columbia governments reached a framework agreement on pipeline development on November 5, with B.C.

31.10.2013 Suncor, Total, Teck to Invest USD 13.5 Billion in Oil Sands

Suncor Energy on October 30 announced that, together with joint venture co-owners Total E&P Canada Ltd. and Teck Resources Limited., it has voted unanimously to proceed with the Fort Hills oil sands mining project.

28.10.2013 Chevron Finds Recoverable Resource in Canada’s Duvernay

Chevron Corporation (NYSE: CVX) on October 25 announced the successful conclusion of the initial exploration phase by its Canadian subsidiary, Chevron Canada Limited, in the Kaybob area of the Duvernay play, located in west-central Alberta, Canada.

25.10.2013 Candax Energy Sells 10% Interest in Madagascar Block 1101

Candax Energy, a company focused on mature oil field development in Tunisia, on October 24 announced that its 100% owned subsidiary, Candax Madagascar Limited, has completed its previously announced sale of its 10% interest in Madagascar Block 1101 to Oyster Madagascar L

07.10.2013 Petronas to Invest in Canadian LNG Project

Malaysia's state oil firm Petronas plans to spend $35 billion to develop shale gas assets in Canada and build an LNG export terminal linking the country to energy hungry Asian markets, Reuters reported on October 7, citing company officials.

27.09.2013 Statoil Makes Significant Oil Discovery Offshore Canada

Statoil (OSE:STL, NYSE:STO) Canada and co-venturer Husky Energy have announced that the first Bay du Nord exploration well has discovered between 300 and 600 million barrels of oil recoverable.

23.09.2013 PKN ORLEN To Acquire An Upstream Company In Canada

PKN ORLEN S.A., through its subsidiary ORLEN Upstream Sp. z o.o. has entered into an arrangement agreement with TriOil Resources Ltd.