Canada’s Northwest Territories is appealing to Asian investors to boost oil and natural gas drilling after reaching an agreement with the federal government over control of resources, the region’s leader said.
Enbridge Inc. has restarted its Norman Wells pipeline that connects oilfields in the Northwest Territories with the North American pipeline grid.
Alberta’s landlocked oil producers facing pipeline bottlenecks to the south, west and east are welcome to ship their product north, according to Northwest Territories leader Bob McLeod.
The following is a selection of the most important news affecting the oil market.
Following is the text of the February building permits report from Statistics Canada.
Canada approved the development of the Gahcho Kue diamond mine in Northwest Territories, a joint venture between De Beers and Mountain Province Diamonds Inc.
Following is the text of the June building permits report from Statistics Canada.