Canada
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This paper describes the findings of a root-cause analysis of wellhead-penetrator failures in Canadian steam-assisted gravity-drainage operations and the mitigation measures taken.
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The field's partners, led by operator Suncor, agree to restructure the offshore project ownership to give a boost to plans for life extension.
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Tourmaline Oil Corp. said it has agreed to buy smaller Canadian producer Black Swan Energy.
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As with large-scale carbon-capture projects in Europe and in the US, the Canadian oil companies say they will need various forms of government support to help realize the goals of the Paris Agreement.
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The Canadian pipeline operator will also operate the proposed floating LNG project with a planned startup slated for 2027.
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Pembina and Kinder Morgan both add substantial infrastructure in separate deals valued at a combined $8 billion.
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Expressions of interest released by the operator include everything from abandonment to life extension.
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The court's decision marks the endpoint for the primary legal challenges mounted by Saskatchewan, Ontario, and Alberta, which had argued that the provinces should have the power to individually regulate greenhouse-gas emissions within their borders and to adopt their own strategies for meeting the challenges posed by climate change.
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Canada has several strategic advantages that can support a robust hydrogen industry. These include both carbon-based and renewable resources for producing hydrogen, a skilled energy sector, strategic infrastructure, and a history of being a global leader in the hydrogen and fuel-cell market.
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Profits are up as drilling is down in Canada’s Montney play where a merger this week highlighted the continued drive to increase profits, which are benefitting from rising natural gas prices.