Oil & Gas
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Trade truce euphoria eases and markets tread water
Testing the waters, Presidents Trump and Xi will be back at the negotiation table, and the EU will face US$4 billion in tariffs on European imports
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Bank of Canada survey suggests business sentiment picked up after declining [UPDATED]
Statistics Canada reported real gross domestic product grew 0.3% in April to kick off the second quarter
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Pipeline spill spoils geothermal project announcement for oil company
Razor Energy Corp. said it will receive government funds for a $15-million to $20-million geothermal plant capable of generating three to five megawatts, but a recent spill has overshadowed the announcement
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B.C. to argue for injunction on Alberta’s turn off the taps law in Calgary court
The legislation allows Alberta to crimp energy shipments to B.C. if it stands in the way of a major pipeline expansion
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Statistics Canada says real GDP grew 0.3% in April, tops expectations
Economists had expected growth of 0.1%
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Alberta raises oil quotas for August as rail exports grow, storage levels slip
The province is setting a production limit in August of 3.74 million bpd, versus the initial January limit of 3.56 million bpd
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Alberta, Saskatchewan, Ontario criticize passage of federal environment bills
Bill C-48 and Bill C-69 made it through the Senate, but conservative provincial governments aren’t done fighting them
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Calgary selected by World Petroleum Council to host oil and gas forum in 2023
The “Olympics of oil and gas” is held once every three years and was last hosted in Calgary in 2000
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Fire, blast at Philadelphia refinery starts in butane vat
It was the second blaze at the refinery this month, following a June 10 fire
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B.C. tanker ban, environment assessment bills scale final hurdle in Senate
Senators passed Bills C-69 and 48 through the body, though the controversy they’ve stoked is far from finished
