Oil & Gas Weekly Summary May 5 2019


ALBERTA
Cdn Press • AER director quits ahead of being fired by Kenney
CBC • Trident Exploration ceases operations and abandons 4,700 wells
BNN • Suncor CEO: Crude-by-rail ‘doesn’t make sense to us’
PostMedia • Suncor urges peace with BC and end to curtailment
AB Gov’t • Bill C-69: Statement from Premier Kenney
PostMedia • After 50 yrs of trying to diversify economy, Alberta still stuck on oil
CANADA
Cdn Gov’t • Federal gov’t responds to Saskatchewan court decision
Cdn Press • Kenney and Ford discuss carbon tax & pipelines
Cdn Press • Saskatchewan loses carbon tax case as Moe fights on
PostMedia • BC sues Alberta over ‘turn off the taps’ legislation
PSAC • PSAC lowers 2019 oilfield services forecast as market access challenges suppress reinvestment
GLOBAL
Bloomberg • Iran’s oil minister warns that OPEC collapse is likely
Bloomberg • What US$100 oil would mean for the world economy
Reuters • How Russia contaminated $2.7B of oil exports to Europe
Reuters • New French energy law puts off difficult climate decisions
Argus • Venezuela’s opposition makes pitch to oil workers

ON THE AGENDA NEXT WEEK …
TUESDAY:API Weekly Statistical Bulletin
CP Rail 2019 AGM in Calgary, AB
Q1/2019 earnings: MEG Energy, Plains All American
WEDNESDAY:EIA Weekly Petroleum Status Report
Enbridge 2019 AGM in Calgary, AB
Q1/2019 earnings: Pengrowth Energy, Marathon Petroleum, TC Pipelines
THURSDAY:EIA Weekly Natural Gas Storage Report
Q1/2019 earnings: CNRL, Inter Pipeline, Crescent Point Energy
FRIDAY:Baker Hughes Weekly Rig Counts
Ensign Energy Services 2019 AGM in Calgary, AB
Q1/2019 earnings: Enbridge, Enerplus, Bonterra Resources