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United Kingdom

Jeff Lewis

Canada's oil producers need climate targets to draw investment, Trudeau says

13 May 2020

OTTAWA/TORONTO Canada's oil producers need to set clear targets to fight climate change to continue to attract global capital, Canadian Prime Minister Justin Trudeau said on Wednesday, as the country's carbon-intensive oil sands industry faces heightened environmental scrutiny from investors.

As Canadian oil sands site fights infections, some want fewer fly-in workers

12 May 2020

WINNIPEG, Manitoba/TORONTO A coronavirus outbreak at a Canadian oil sands site has spread across five provinces and sparked calls to limit the use of fly-in workers in the remote locations.

As Canadian oil sands site fights infections, some want fewer fly-in workers

12 May 2020

WINNIPEG, Manitoba/TORONTO, May 12 A coronavirus outbreak at a Canadian oil sands site has spread across five provinces and sparked calls to limit the use of fly-in workers in the remote locations.

Long-suffering Canadian oilpatch faces 'biggest existential crisis' yet

11 May 2020

TORONTO/WINNIPEG, Manitoba Canada's oil patch has endured five years of existential threats that have pruned weaker companies, but now its strongest firms are trying to navigate the coronavirus pandemic, which has set off the worst crisis in the oil industry in 40 years.

Canadian Natural swings to loss, slows output as oil prices slump

07 May 2020

Canadian Natural Resources Ltd posted a quarterly loss on Thursday compared with a year-ago profit, hurt by the sharp decline in oil prices caused by the novel coronavirus outbreak and a price war between Saudi Arabia and Russia.

Enbridge makes deal to store Canadian crude in Mainline as oil glut grows

04 May 2020

TORONTO Enbridge Inc said on Monday the Canadian pipeline operator has reached a deal with shippers to temporarily store crude oil in North America's largest oil pipeline network from June 1 and is working with governments to provide additional capacity.

UPDATE 2-Enbridge makes deal to store Canadian crude in Mainline as oil glut grows

04 May 2020

TORONTO, May 4 Enbridge Inc said on Monday the Canadian pipeline operator has reached a deal with shippers to temporarily store crude oil in North America's largest oil pipeline network from June 1 and is working with governments to provide additional capacity.

UPDATE 1-Canada will backstop bank loans for crisis-hit oil companies

22 Apr 2020

April 22 Canada's export credit agency on Wednesday said it would backstop loans to hard hit oil and gas producers, in the latest move by Ottawa to free up credit for the struggling energy industry.

Canada's export agency will backstop bank energy loans - document

22 Apr 2020

TORONTO, April 22 Canada's export credit agency will backstop loans to hard hit oil and gas producers, a document seen by Reuters showed, in the latest move by Ottawa to free up credit for the struggling energy industry.

Enbridge will not ration Mainline as coronavirus restrictions shred oil demand

20 Apr 2020

TORONTO/WINNIPEG, Manitoba Pipeline operator Enbridge Inc said on Monday it would not ration capacity for May on North America's biggest oil pipeline network, as Canada's oil producers deepen production cuts to cope with low prices and weak demand.

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