The Quebec government and France’s second largest oil and gas company have teamed up with two Canadian juniors to complete an exploration work program on Anticosti Island, seeking more information on the Macasty shale formation.
A speaker addressing a Calgary oil and gas audience this week countered what he saw as the myths about the oilsands, especially the idea that Alberta is the only region benefiting from oilsands development.
A renewable, biodegradable, orange-based solvent that will be used in a United States oilsands mine commercial demonstration project holds promise for smaller Canadian oilsands mining operations, an oilsands conference heard this week.
Enbridge Inc.’s proposed Alberta Clipper expansion in the United States will be delayed beyond its planned mid-year 2014 start-up because of regulatory delays in the United States, the company’s chief executive said today.
Cenovus Energy Inc. is considering building a diluent recovery unit (DRU) to improve the economics on shipping bitumen by rail while it expands its rail capacity this year and ponders future expansion, a fourth-quarter conference call heard.
Corporate social responsibility (CSR) is certainly good practice for any oil and gas company, but a business would be wise to go one step further and pursue a model of creating shared value that results in practical, economic benefits for both the community and corporate entity, says Bishop William Lawrence University professor Michael Porter.
Trinidad Drilling Ltd. has announced an expected capital expenditure budget for 2014 of approximately $315 million, including four new high performance, AC, walking rigs for operation in Mexico through its joint venture with Halliburton Company.
Blackline GPS Corp. has completed its previously announced non-brokered private placement offering, issuing an aggregate of 3.04 million units at a price of $1.15 per unit for aggregate gross proceeds of $3.5 million.
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