Crude oil prices rose and gasoline fell about three per cent on Tuesday as the gradual restart of refineries in the United States Gulf that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.
September 5, 2017, 1:50 PM MDT
AECO gas gained seven cents a gigajoule in August, rising to an average of $1.73 per gigajoule from $1.66 the prior month. Spot prices averaged $1.83 a gigajoule in August 2016.
September 5, 2017, 10:24 AM MDT
Canadian Natural Resources Limited announced this morning it has entered into an agreement to acquire assets in the Greater Pelican Lake region and other miscellaneous assets in northern Alberta with production of approximately 19,600 boe per day, for gross cash consideration of $975 million.
September 5, 2017, 5:31 AM MDT
September 5, 2017, 10:12 AM MDT
Any revisions to Alberta’s health and safety legislation should avoid prescribing specific technologies, a major oil and gas industry safety advocacy organization is advising the government.
September 5, 2017, 9:23 AM MDT
The Alberta Energy Regulator has failed in an attempt to delay enforcement of an Alberta Court of Queens Bench decision in the RedWater Energy Corporation case pending an appeal to the Supreme Court of Canada.
September 5, 2017, 11:04 AM MDT
Sayer Energy Advisors has been engaged to assist Yoho Resources Inc. (“Yoho” or the “Company”) with the sale of its prospective Montney natural gas property located in the Two Rivers area of British Columbia (the “Property”).
September 5, 2017, 7:20 AM MDT
As recovery in the energy sector remains uncertain amid lacklustre oil and gas prices and lack of consensus about the mid to long-term outlook, increased industry consolidation appears likely.
September 5, 2017, 7:19 AM MDT
The Canada-Newfoundland and Labrador Offshore Petroleum Board has issued calls for nominations for the offshore Eastern Newfoundland (NL17-CNF02) and Jeanne d’Arc (NL-17-CFN03) regions.
September 5, 2017, 10:31 AM MDT
Cody Smith, currently chief operating officer of Strategic Oil & Gas Ltd., has been appointed interim chief executive officer, the company has announced.
September 5, 2017, 8:34 AM MDT
The 2017 Alberta Export Awards will be held in Calgary on November 23 at the Hyatt Regency.
September 5, 2017, 7:16 AM MDT
September 5, 2017, 10:09 AM MDT
September 5, 2017, 7:15 AM MDT
Oil Sands Trade Show and Conference is the premier event specifically developed for Alberta’s oil sands sector. This interactive exhibition is the place for oil sands operators and their contractors who are seeking solutions and innovations that reduce costs and maximize existing equipment and facilities.
September 5, 2017, 7:13 AM MDT
September 5, 2017, 11:12 AM MDT
Veresen Inc. common shareholders have until 5 p.m. (Mountain) Sept. 20, 2017, to elect to receive either Pembina Pipeline Corporation common shares or cash pursuant to the previously announced plan of arrangement, say the companies.
September 5, 2017, 10:04 AM MDT
The board of directors of Sunshine Oilsands Ltd. has reported that Sun Kwok Ping, the executive director and chair of the board of directors, has increased his holdings in the company.
September 5, 2017, 11:27 AM MDT
September 5, 2017, 10:58 AM MDT
September 5, 2017, 9:57 AM MDT
September 5, 2017, 11:01 AM MDT