Steven Berg isn’t sure he can trust himself to politely discuss how to remedy the pernicious cycle of booms and busts that have plagued Canada’s oil and gas industry for generations.
March 28, 2017, 6 AM MDT
Federal Finance Minister Bill Morneau says a tax deduction for early-stage oil and gas exploration is being phased out to make tax rules less complex and more efficient, and to reduce fossil fuel “subsidies.”
March 28, 2017, 3:38 AM MDT
Through the first three quarters of 2016, U.S. crude oil production trended downward, dropping from 9.2 million bbls per day in January to 8.6 million in September. In the last quarter of 2016, however, production began to rise, reaching 8.8 million bbls a day in December. Average oil production for 2016 was 8.9 million bbls per day, lower than the 2015 level of 9.4 million bbls per day but still 1.3 million bbls per day greater than the average annual level over 2011–2015, when production was generally rising, noted the Energy Information Administration (EIA).
March 28, 2017, 10:24 AM MDT
As reported Monday, a tiny British Columbia First Nation has voted to support a historic deal that would make it an equity partner in a liquefied natural gas (LNG) export facility proposed for Vancouver Island (DOB, March 27, 2017).
March 28, 2017, 11:33 AM MDT
A group of central Alberta landowners has lost its bid for a regulatory appeal of an Alberta Energy Regulator (AER) decision to approve a Penn West Petroleum Ltd. enhanced oil recovery (EOR) project.
March 28, 2017, 7:37 AM MDT
The Ministry of Natural Gas Development in B.C. is requesting the National Energy Board (NEB) extend the April 21, 2017, deadline for comments regarding an inquiry of the tolling methodologies, tariff provisions and competition in northeast B.C.
March 28, 2017, 7:45 AM MDT
CIBC Capital Markets has been retained by Insignia Energy Ltd. as exclusive advisors to solicit and evaluate proposals for a corporate sale.
March 28, 2017, 7:51 AM MDT
Sayer Energy Advisors has been engaged to assist Freehold Royalties Ltd. (“Freehold” or the “Company”) with the sale of certain of its working interest and non-operated unit interests in oil and natural gas properties in central Alberta (the “Properties”).
March 28, 2017, 9:01 AM MDT
NRG Divestitures announces that Gelot Enterprises has a disposal well for sale.
March 28, 2017, 6 AM MDT
March 28, 2017, 11:40 AM MDT
March 28, 2017, 8:03 AM MDT
Course Date: May 4-5, 2017 in Calgary
March 28, 2017, 6 AM MDT
Part of your DOB membership includes exclusive access to Oilweek's current digital edition.
March 28, 2017, 6 AM MDT
Altura Energy Inc. saw fourth quarter production more than double, thanks to the company’s 2016 drilling program and a full quarter of production from the Killam, Alberta acquisition it closed last year.
March 28, 2017, 6 AM MDT
March 28, 2017, 3:43 AM MDT
Oil & Gas Council will be returning to Calgary to host it’s Canada Assembly & Awards Dinner on June 1st.
March 28, 2017, 6 AM MDT
Proved developed producing (PDP) reserves accounted for about 76 per cent of Razor Energy Corp.’s proved reserves and 61 per cent of its proved plus probable gross reserves of 12.65 million bbls of oil equivalent as of Dec. 31 2016, says the company.
March 28, 2017, 9:05 AM MDT
March 28, 2017, 10:56 AM MDT
Enbridge Inc. and Enbridge Income Fund Holdings Inc. have entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, CIBC Capital Markets and Scotiabank, pursuant to which the underwriters have agreed to purchase, and Enbridge has agreed to sell, on a bought deal basis, 15,085,000 EIFH common shares at a price of $33.15 per common share for distribution to the public, for gross proceeds to Enbridge of approximately $500 million.
March 28, 2017, 6 AM MDT
March 28, 2017, 10:14 AM MDT
Join Grant Thornton LLP and JWN Energy for the release of the 2017 Service & Supply Outlook to hear what the industry has to say about the future of service & supply companies.
March 28, 2017, 6 AM MDT
Are you a Canadian oil and gas company looking to start your export journey?
March 28, 2017, 6 AM MDT
After nine years and many twists and turns, the Keystone XL pipeline took a major step forward last Friday when Donald Trump’s State Department granted the project a presidential permit.
March 28, 2017, 9:54 AM MDT
March 28, 2017, 10:15 AM MDT
Alberta’s oil and gas industry cannot improve its safety record without fully understanding where its culture leads and where it is decifient.
March 28, 2017, 6 AM MDT
March 28, 2017, 9:49 AM MDT
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March 28, 2017, 8:08 AM MDT
The board of Sunshine Oilsands Ltd. announced that all conditions of the placement to Zhengwei International Investment And Management Co., Limited have been fulfilled and partial completion of the placement took place on March 28, 2017.
March 28, 2017, 7:13 AM MDT
DIVERGENT Energy Services Corp. announced that a linear electromagnetic submersible was successfully reinstalled into a client oil well in southeast Saskatchewan on March 24 and has been pumping continuously since the start of the test.
March 28, 2017, 7:20 AM MDT
Olds College has received a record $16 million donation to create the Werklund Agriculture Institute to specialize in smart and sustainable agriculture and business solutions.
March 28, 2017, 7:49 AM MDT
March 28, 2017, 9:50 AM MDT
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March 28, 2017, 11:12 AM MDT
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