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Tag Archives: canadian oil

O&G trade association president says it’s time to fight back

pipeline

Ohio Oil and Gas Trade Association (OOGA) President David Hill is encouraging his members to “fight back against” what he believes to be an incredible about of misinformation. Hill’s issue, and own opinion, is there seems to be a lot of misinformation regarding the industry being fed to the public and the Ohio Oil and Gas Trade Association is doing ...

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Oil price plunge pulling Calgary’s housing market down with it

CALGARY, Alberta – A year ago, one of the hottest parts of Canada’s red-hot housing market was Alberta’s oil capital of Calgary, where cash-rich consumers fought for the fanciest home on the block. Now, a plunge in crude prices is pulling the housing market with it. While realtors in Calgary are loathe to admit the tide has turned, sellers are ...

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EDITORIAL: Schumer’s Keystone fight: Demagogic ignoramus

In their zeal to obstruct progress, Democrats yet again are being exposed as the economics ignorami and hypocrites that they are. And Sen. Chuck Schumer is their ringleader. The New York Democrat — on CBS’ “Face the Nation” on Sunday — claimed his party has the votes to sustain a presidential veto should the newly controlled Republican Senate approve the ...

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Long Run to buy nat gas assets from Crew Energy for C$225 mln

Oil Barrel

(Reuters) – Canadian oil and gas producer Long Run Exploration Ltd entered into a deal to buy natural gas assets in Alberta from bigger rival Crew Energy Inc for about C$225 million ($206 million). Long Run did not identify the seller in its statement, but Crew Energy said separately that it was selling assets in the Deep Basin of Alberta to accelerate ...

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Special Report: A Canadian family’s ‘Plan B’ to pump tar sands oil

oil refinery

BY RICHARD VALDMANIS AND DAVE SHERWOOD (Reuters) – Keystone XL, a pipeline proposal to pump Canadian oil sands through the heart of America, has alarmed environmentalists and become one of the most contentious issues of the Obama presidency. But there is a “Plan B” to cut the United States out of the picture, and it is championed by one of Canada’s wealthiest business dynasties. ...

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Train carrying Canadian oil derails, leaks in Pennsylvania (Updated)

train

By Robert Gibbons and Elizabeth Dilts NEW YORK Thu Feb 13, 2014 1:41pm EST NEW YORK (Reuters) – A 120-car Norfolk Southern Corp train carrying heavy Canadian crude oil derailed and spilled in western Pennsylvania on Thursday, adding to a string of recent accidents that have prompted calls for stronger safety standards. There were no reports of injury or fire ...

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