Enbridge Inc. says it has reached a deal with shippers for tolling on its Mainline pipeline system, which moves over three million barrels a day of crude oil and liquids from Western Canada. The announcement Thursday is a major milestone for the Calgary-based pipeline company, which has been negotiating with oil shippers on a new […]
Despite soaring gas prices, and inflation eating away at more income, the Sask Party Government isn’t going to do anything to ease the pain. Some provinces have taken steps to try and ease the economic impact, but Premier Scott Moe isn’t joining in just yet. When asked about calls from producers and small towns to […]
Gas prices are rising across the country and the city of Regina appears to be catching up with the national average. Over the last week gas prices have risen over 11 cents per litre. Stations in the queen city now sit at 194.5 cents per litre compared to the national average of 206.3 cents per […]
As a result of the COVID-19 pandemic, gas prices around the world are at their lowest point in more than a decade. Dan McTeague, the President of Canadians for Affordable Energy, says the cause of the price drop is a combination of a couple of things. The first thing is an extreme drop in demand. […]
Saskatchewan’s minister of energy and resources is calling on the federal government to provide more supports for the nation’s energy sector after oil prices took a hit on Monday. In a release sent out by the government, Minister Bronwyn Eyre seemed surprised by the drop and urgently requested that more assistance is needed during the […]
Analysts expect to see lower Canadian oil production this year as producers follow the example of Cenovus Energy Inc. in slashing capital spending budgets amid tumbling oil prices. After seeing its shares losing more than half their value on Monday, Calgary-based Cenovus announced Tuesday it would cut its capital spending plan for 2020 by 32 […]
A media event happened on Monday morning at the Saskatchewan legislature to share information on a record number of oil and gas well abandonments between April 2019 and February 2020. While the province saw 2,030 well abandonments in that time frame – an increase of 40 per cent from 2018 to 2019 statistics, another subject […]
