Pipeline News

Truck traffic is still getting through North Portal

North Portal 鈥� As the COVID-19 crisis leads to ever-increasing restrictions on travel, essential truck traffic is indeed getting through, to Saskatchewan. A further lockdown on the border is effective at midnight, later in the day.

Mar 20, 2020 3:17 PM Read more >

Baytex suspends drilling, chops capex by half, cutting salaries 10 per cent

Impact from oil price war and COVID-19 adds up

Mar 19, 2020 2:44 PM Read more >

Vermilion reduces its capital budget by $80 to $100 million

Calgary 鈥揤ermilion Energy Inc. announced on March 16 that its board of directors has approved a reduction to its 2020 capital budget of $80 to $100 million and a reduction in its monthly dividend from $0.115 CDN per share to $0.

Mar 16, 2020 11:05 PM Read more >

It鈥檚 time for you to come home, where your kids will be

Ottawa, Regina 鈥� Both Prime Minister Justin Trudeau and Saskatchewan Premier Scott Moe are saying the same thing: If you are abroad, it is time to come home.

Mar 16, 2020 12:54 PM Read more >

Crescent Point slashes capital budget 35 per cent as oil continues to fall

Calgary 鈥� Coming as yet another hammer blow to the industry, Crescent Point Energy Corp. is dramatically cutting its capital expenditures for 2020.

Mar 16, 2020 8:00 AM Read more >

The world before last week is not the world of this week or what we will have next week

This is likely the biggest economic shock in 100 years

Mar 15, 2020 10:44 PM Read more >

Meili calls for budget delay to take into account oil price drop and COVID-19

Regina 鈥� On March 9, oil prices collapsed around the world, dropping as much as US$13 per barrel in intraday trading before settling in the low-US$30s for West Texas Intermediate.

Mar 10, 2020 3:22 PM Read more >

Provincial budget set, despite crash in oil prices

Alberta is already planning an update in its second quarter of 2020

Mar 10, 2020 2:41 AM Read more >

Record well abandonments for Sask. in 2019-20, and that鈥檚 a good thing

Regina 鈥� When an oil or gas well is finally put out of commission, never to be used again, and done so properly, it is 鈥渁bandoned,鈥� in industry lingo.

Mar 10, 2020 2:25 AM Read more >

It鈥檚 going to be a tough spring in the oilpatch

Oil price drops as much as $13.30 in opening trading after Saudis drop prices and plan to boost production

Mar 9, 2020 12:43 AM Read more >