Kananaskis — Canada’s petrochemical industry should look to Alberta’s oil and gas sector, specifically the oilsands, as a bit of a cautionary tale as to the importance of maintaining control over one’s brand.
Alberta Premier Rachel Notley says she would welcome a decision by the British Columbia government to seek to intervene in a court challenge to the federal cabinet decision that approved the Trans Mountain expansion project.
Imperial Oil Limited believes a combination of geologic factors likely contributed to fluid excursions from the producing Clearwater zone into the overlying Grand Rapids formation at its most recent Cold Lake expansion project.
Entering the final month of the second quarter, land sale bonus bids in Western Canada have surged to $231.45 million as of the end of May, compared to $56.51 million over the same period in 2016, in what was an extremely weak year for Crown land buying.
The world sees Canadian oil and natural gas as part of the energy future and the preferred source of energy imports, according to a new global research survey, the first of its kind, conducted by Ipsos on behalf of the Canadian Association of Petroleum Producers (CAPP).
Pressure Relief Valves provide protection of life and of the facility (and property within it). When an overpressure condition exists, a pressure relief valve will open and allow overpressure discharge from the pressurized equipment.
Prairie Provident Resources Inc. this morning updated results from the first of the company's four wells drilled and completed in Wheatland to date, as well as well flow test results for all four wells.
Delphi Energy Corp. has closed its previously announced financing comprised of the sale of (i) 27,559,055 common shares issued at a price of $1.27 per common share; and (ii) 30,000 senior secured collateralized exchange listed (CEL) notes, each with a principal amount of $1,000 and a 10 per cent coupon, for gross proceeds of approximately $65.3 million.
Irving Oil Limited announced the grand opening of its St. John's marine terminal expansion — a $20-million investment that will improve harbour logistics and help position St. John's Harbour for future growth, the company announced.
Xtreme Drilling Corp. announced the final results of its "modified Dutch auction" substantial issuer bid to purchase for cancellation up to C$25 million of its common shares, which expired on June 1, 2017.
Ceiba Energy Services Inc. and SECURE Energy Services Inc. have entered into an amended and restated arrangement agreement to amend certain terms of the previously announced arrangement agreement, pursuant to which SECURE has agreed to acquire all of the issued and outstanding common shares of Ceiba, which will be effected by way of a plan of arrangement.
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