The latest capital spending tally shows producers have bumped up capital spending over original expectations by roughly $330 million.
May 17, 2017, 9:47 AM MDT
Alberta has been granted leave to intervene with both written and oral submissions in the Federal Court of Appeal’s judicial review of the approval of Kinder Morgan Canada Inc.’s Trans Mountain expansion, Alberta Premier Rachel Notley said Tuesday.
May 17, 2017, 6 AM MDT
Surge Energy Inc. management obviously sees volatility in commodity prices over the upcoming months, but that volatility comes out of a forward curve and a market that is healing, creating more certainty.
May 17, 2017, 10:35 AM MDT
May 17, 2017, 11:44 AM MDT
Higher crude oil flows from Nigeria and Saudi Arabia offset lower production from Libya and Iran and lifted OPEC output by 65,000 bbls per day during April to 31.78 million bbls per day. Adherence to the 1.2 million bbl-per-day supply pact loosened a touch in April, but the four-month performance rate was a robust 96 per cent, according to the International Energy Agency (IEA). The highest compliance achieved during previous supply cuts was 75 per cent to 80 per cent, according to the OPEC Secretariat.
May 17, 2017, 6 AM MDT
Painted Pony Petroleum Ltd., at 23 mboe/d, is by no means the largest gas producer on the TSX, but the company achieved the highest percentage cut in operating costs of any TSX-listed gas producer during 2016, according to new data from CanOils.
May 17, 2017, 6 AM MDT
A junior that draws most of its production from a single zone wants to branch out, company shareholders heard this week.
May 17, 2017, 9:11 AM MDT
May 17, 2017, 6 AM MDT
In its first results report as a public company, NCS Multistage Holdings, Inc. said its first quarter revenues increased 154 per cent to $58.6 million from $35.5 million for the comparable period in 2016.
May 17, 2017, 9:22 AM MDT
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May 17, 2017, 3:57 AM MDT
This Inspired Conversation brings together multiple players involved in assets and major projects to discuss challenges with existing business models and will offer participants the opportunity to engage in dialogue.
May 17, 2017, 6 AM MDT
The University of Oklahoma Alumni Association of Canada is hosting its annual Stampede BBQ on Thursday, June 1, at the Railway Cafe at Heritage Park.
May 17, 2017, 6 AM MDT
With only 2 weeks to go until the New Technology for In Situ Oil Sands Facilities 2017, we spoke with John Zahary President & CEO, Altex Energy who gave us his thoughts on how Altex is viewing the changing oil landscape, methods to meet carbon reduction targets, using rail to move oil and much more.
May 17, 2017, 10:03 AM MDT
May 17, 2017, 11:02 AM MDT
Painted Pony Petroleum Ltd. hasclosed the previously announced acquisition of UGR Blair Creek Ltd.
May 17, 2017, 6 AM MDT
May 17, 2017, 11:32 AM MDT
May 17, 2017, 8:08 AM MDT
The Unifor bargaining committee representing workers at the Nanticoke Imperial Oil Limited facility have reached a tentative collective agreement with the employer.
May 17, 2017, 6 AM MDT
TransGlobe Energy Corporation has entered into a credit agreement for a revolving reserve-based lending facility (RBL) with Alberta Treasury Branches (ATB).
May 17, 2017, 6 AM MDT
May 17, 2017, 10:47 AM MDT
Canadian Natural Resources Limited announced that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a normal course issuer bid through the facilities of Toronto Stock Exchange or other alternative Canadian trading systems.
May 17, 2017, 3:16 AM MDT
Pengrowth Energy Corporation received notification on May 16, 2017 from the New York Stock Exchange that it is no longer in compliance with one of the NYSE's continued listing standards resulting from the average closing price of Pengrowth's common stock being less than US$1 per share over a consecutive 30 trading-day period.
May 17, 2017, 3:20 AM MDT
May 17, 2017, 10:39 AM MDT
May 17, 2017, 4:20 AM MDT
May 17, 2017, 4:12 AM MDT
Sunshine Oilsands Ltd. was informed by its major shareholder, Sun Kwok Ping, the executive director and chairman of the board of directors, that on May 17, 2017, Sun acquired a total of one million shares of the corporation through on-market purchases for an aggregate consideration of HK$275,000.
May 17, 2017, 9:55 AM MDT
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