Canada | Egypt Oil & Gas - Part 5

Mexico’s Crude Exports to US Drop to 25-year Low

Mexico's crude exports to the US dropped to their lowest level in 25 years in September, as the Latin American nation seeks other buyers in response to reduced demand from US refiners.

TransCanada Calls for More Time on Cross-border Pipeline

TransCanada, the company tasked with building a mammoth oil pipeline linking Canada and the United States, has asked the US government to postpone a final decision on whether the project will go ahead, apparently fea ...

Shell Gives a Tentative No to Alberta Oil Sands

Royal Dutch Shell Plc announced that it will not continue construction of its 80,000 b/d Carmon Creek thermal oil sands project in northern Alberta because of the lack of infrastructure to move Canadian crude to market

Canadian Oil Sands Rejects Takeover Bid

Canadian Oil Sands, a major force in the oilsands business in several Canadian provinces, has rejected an unsolicited offer to buy it out,

Investigators Place Blame of Aramco Expatriate Fire on Short Circuit

The preliminary investigation into Sunday's fire at the Aramco residential complex found that the cause was a short circuit, said Arab News.

Sea Dragon Producing a 1000 Barrels from its Petroamir Concession

Ahmad Farid Moazz, general manager of the Canadian oil exploration company Sea Dragon operating in Egypt, confirmed that the company’s total production is currently at 1,000 b/d.

Canadian Govt Report Warns Its Not Prepared for Arctic Oil Spill

An internal report warns the federal government isn’t fully prepared to respond in the event of an oil spill in the Arctic or in deep water offshore.

Low Oil Prices Having Negative Impact on Canada

Canada’s oil industry has had a rough couple of months, with production and exports taking a hit.

Canada’s Crude Oil Output to Grow at Slower Pace Than Previously Forecasted

Canada’s crude oil output will continue to grow over the long term but at a slower pace than previously projected, reflecting many project postponements resulting from the slump in oil prices, the country’s main ener ...

Despite Huge Find, Decreasing Prices Means No Drilling in Canada

The news was bittersweet for Canada’s Northwest Territories. While the region found out last week that its Canol and Bluefish formations hold Canada’s largest shale oil reserves, the slump in prices means no one’s dr ...

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