Industry Newsfeed

Key Issues in Canadian Energy M&A for US Buyers

Courtesy of Stikeman Elliott. View original article here. Although Canada is undergoing its most severe oil and gas downturn since 1998, it remains an important jurisdiction for oil and gas investment and will continue to import substantial amounts of capital and technical expertise from the United States in order to develop its considerable hydrocarbon potential.… [Read More…] about Key Issues in Canadian Energy M&A for US Buyers

PIPE Investments in Canadian Listed Oil & Gas Companies

Courtesy of Stikeman Elliott. View original article here. A substantial private placement or “private investment in public equity” (a PIPE) involves the direct or indirect acquisition of a control position in a public company by an investor through the purchase of shares of the target and (in most cases) warrants or debentures that are convertible… [Read More…] about PIPE Investments in Canadian Listed Oil & Gas Companies

Alberta’s New Royalty Framework

Courtesy of Osler. View original article here. On Friday, January 29, 2016, the Alberta government released the results of its Royalty Review Advisory Panel (the Panel), ending the considerable uncertainty that the announcement of the review first created. Much was riding on the outcome of the review, both economically for the oil and gas industry,… [Read More…] about Alberta’s New Royalty Framework

Alberta’s Modernized Royalty Framework

Courtesy of Stikeman Elliott. View original article here. On January 29, 2016 Alberta’s NDP Government announced a summary of a Modernized Royalty Framework (MRF) that it intends to implement. During last spring’s election campaign, the NDP had promised to review the Province’s royalty system. The objective of this review was to design a royalty system that… [Read More…] about Alberta’s Modernized Royalty Framework

Renewable Energy and Climate Change: Canada’s New Frontier

Courtesy of Osler. View original article here. Climate change presents environmental, political, social and economic challenges worldwide. As the pressure mounts for global leaders to take action to meet the commitments they made at the UN Climate Change Conference in Paris in December 2015, Canada’s provincial governments are adopting policies to reduce greenhouse gas (GHG)… [Read More…] about Renewable Energy and Climate Change: Canada’s New Frontier

NAFTA Chapter Eleven: Can TransCanada Break the U.S. Shutout?

Courtesy of Bennett Jones. View original article here. US investors have successfully used investor-state arbitration under the NAFTA when they have thought themselves wronged by the actions of governments in Canada or Mexico. But the United States itself has never lost a NAFTA investment arbitration. The United States’ record in NAFTA claims decided on the… [Read More…] about NAFTA Chapter Eleven: Can TransCanada Break the U.S. Shutout?

Pipe Dreams Deferred: A Look Back on How Major Canadian Pipeline Projects Fared in 2015 and Outlook for the Future

Courtesy of Stikeman Elliott. View original article here. 2015 was not been a banner year for major inter-provincial or international pipeline projects in Canada. Apart from Enbridge finally being granted leave to open its Line 9 Reversal Project, 2015 brought little progress to report on the market access front as most of the major projects… [Read More…] about Pipe Dreams Deferred: A Look Back on How Major Canadian Pipeline Projects Fared in 2015 and Outlook for the Future

Corporate Governance in Challenging Times – Practical Tips for Directors in the Oil & Gas Sector

Courtesy of Osler. View original article here. Directors of oil and gas companies, or those of companies with material exposure to the energy sector, face unprecedented challenges as they seek to guide their enterprises through a period of substantial market uncertainty. While the challenges corporate directors face are significant, the duties that they owe and… [Read More…] about Corporate Governance in Challenging Times – Practical Tips for Directors in the Oil & Gas Sector

2016 Oil and Gas M&A Trends in Canada

Courtesy of Stikeman Elliott. View original article here. Despite widespread anticipation that 2015 would see an increase in oil and gas M&A and related financing activity, there turned out to be significantly less activity in 2015 than there was in 2014, as crude oil prices remained below US$50/bbl and more recently fell below US$40/bbl. With… [Read More…] about 2016 Oil and Gas M&A Trends in Canada

Results of AER Dam Safety Inspections Released

Courtesy of Alberta Energy Regulator. View original article here. Following commitments made after the Auditor General’s report on dam safety in Alberta, the Alberta Energy Regulator (AER) has released the results of its dam safety inspections held earlier this year. Containment structures like dams and liquid impoundments, including oil sands tailing ponds, coal tailings ponds, and… [Read More…] about Results of AER Dam Safety Inspections Released