Several campaigns have been launched recently to polish the image of Canada’s oil and gas industry among the nation’s public, and while proponents say those campaigns have been effective, a pollster says he can’t be sure.
A conversation about energy, its production and its transportation is happening across Canada and Quebeckers have not been getting the full picture of what actually happens in Alberta so the Canadian Chamber of Commerce organized a tour of the western province by Quebec business leaders.
Russian crude and condensate production surged to a post Soviet high in September, averaging 11.11 million bbls per day, according to preliminary energy ministry data. While all major oil companies pushed output higher, the biggest month-on-month gain stemmed from the Exxon Mobil Corporation-operated Sakhalin 1 project, which was shut for maintenance in August.
In an update to its spill cleanup efforts, Trilogy Energy Corp. said that actions taken Oct. 15 included a continued focus on improving site access, recovering fluids and collecting water and soil samples.
Saskatchewan Energy Minister Dustin Duncan and Neil Roszell, president and CEO, Raging River Exploration Inc., are scheduled speakers at the Canadian Society for Unconventional Resources (CSUR) Saskatchewan Day, scheduled for Oct. 21.
XPRIZE, the world’s leader in designing and managing incentive competitions to solve humanity’s grand challenges, today announced the 27 teams representing six countries advancing in the $20 million NRG COSIA Carbon XPRIZE, a global competition to develop breakthrough technologies that convert the most carbon dioxide emissions from natural gas and power plant facilities into products with the highest net value.
Craft Oil Ltd. has entered into a purchase and sale agreement dated Sept. 30, 2016 to sell certain properties in Alberta with approximately 1,934 boe per day (68 per cent gas) for gross proceeds of $13.5 million.
Chinook Energy Inc. will undertake a plan of arrangement under the Business Corporations Act (Alberta) to effect the distribution of all of the common shares of Craft Oil Ltd. (formerly Tournament Exploration Ltd.) acquired by Chinook pursuant to the asset divestiture to Craft announced on June 13, 2016.
Perisson Petroleum Corporation has initiated operating cost reduction measures and the optimization of existing production facilities for its oil and gas producing properties in the Twining oil field of east central Alberta.
Atlas Petroleum Markets (Canada) Ltd., a subsidiary of Axiom Commodity Group, announced that it has completed a strategic partnership with TradeX Markets Canada Inc., a privately-held brokerage firm, providing leading real-time electronic trading software for brokers and traders in the crude oil market.
Quattro Exploration and Production Ltd. reported on the activities to date in regards to its Court of Queen's Bench of Alberta approved proposed sale and investor solicitation process (SISP) that was launched on Oct. 3, 2016.
International Frontier Resources Corporation announced that the common shares of IFR commenced trading on the OTCQB Venture Marketplace under the symbol "IFRTF" effective at the market open on Oct. 17, 2016.
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