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By Canadian Press |
August 12, 2008
Pembina Pipeline Income Fund (PIF.UN) says it will go ahead with construction of the Nipisi and Mitsue pipeline systems and a related truck terminal in northern Alberta, to be built at a total cost of $400 million.
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By James Stevenson |
October 26, 2007
The news came as an anticipated sell-off in oil and gas stocks on TSX failed to materialize in the wake of Alberta's controversial royalty increase.
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By Judy Monchuk |
June 18, 2007
Despite a drop in service costs, Eresman says he expects the drilling decline to continue for another two years.
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By James Stevenson |
January 3, 2007
Compton Petroleum says it will cut its capital spending this year by C$100 million to C$375 million, but hopes to still drill about as many wells as 2006.
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By Judy Monchuk |
December 5, 2006
Doubts about natural gas prices and several oilpatch giants scaling back growth projections will cause Canadian natural gas producers to spend less in 2007.
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By Judy Monchuk |
November 2, 2006
The oilpatch heavyweight plans to slash natural gas drilling activity by almost half in early 2007 as prices fall and Alberta's overheated economy pushes up costs
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By James Stevenson |
July 6, 2006
Even in an industry that has seen its share of multibillion-dollar cost overruns to build megaprojects, word that Athabasca's first major expansion could cost 50% higher than the current C$7.3 billion pricetag hit oilsands producers hard on the stock market.
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By James Stevenson |
June 14, 2006
Talisman Energy has sold a parcel of non-core holdings in Canada for nearly C$380 million as the oil and gas producer continues to cull its portfolio in the wake of last fall's Paladin Resources acquisition.
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By James Stevenson |
May 26, 2006
Talisman Energy says it will "rationalize" its North Sea portfolio by selling a collection of non-core oil and gas assets to Endeavour International for C$459 million.
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By James Stevenson |
March 20, 2006
Husky Energy plans to spend C$2.3 billion to nearly double the capacity of its heavy oil upgrader in Lloydminster, Saskatchewan, as the large oil company begins to plan for increased production from the oilsands.