Cenovus Energy Inc. has entered into a definitive agreement to sell its Suffield crude oil and natural gas operations in southern Alberta to International Petroleum Corporation for gross cash proceeds of $512 million.
September 25, 2017, 3:26 AM MDT
A liquefied natural gas plant proposed for Kitimat is still very much alive, says the CEO of LNG Canada—but senior governments may need to address tax competitiveness before Royal Dutch Shell plc and its three partners can make a final investment decision.
September 25, 2017, 10:55 AM MDT
Alberta operators rig released 1,972 wells with oil or bitumen as the objective over the first eight months of 2017, up 117 per cent from a year ago. Meanwhile, producers drilled 755 wells with gas or CBM as an objective, up 84 per cent a year ago.
September 25, 2017, 6 AM MDT
The future would certainly be bright for Mexico’s oil industry, after years of production decline, if not for politics. After a slow start Mexico’s energy reform is bearing fruit. Interest in the latest oil and gas licensing rounds has jumped significantly from the earlier ones despite continuing low oil prices. Major international oil companies (IOCs) have now won blocks in deepwater Gulf of Mexico, while a substantial new discovery has already been made in its shallow waters.
September 25, 2017, 6 AM MDT
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Drilling rig activity in Western Canada and the Top 5 active operators as of Sept. 25, 2017, as reported this morning by Rig Locator.
September 25, 2017, 11:39 AM MDT
Birchill Canada Corp. (“Birchill”) is pleased to make its Willesden Green, Alberta property available for acquisition.
September 25, 2017, 7:05 AM MDT
PrairieSky Royalty has published new technical materials on the East and West Duvernay Shale Oil plays in Central Alberta.
September 25, 2017, 7:06 AM MDT
Emissions Reduction Alberta (ERA) and Alberta Innovates are hosting SPARK 2017, Nov. 6-8, to support game-changing solutions to reduce greenhouse gas emissions and advance the bioindustrial sector.
September 25, 2017, 9:02 AM MDT
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Exxon Mobil Corporation announced an enhanced program to reduce methane emissions from its production and midstream facilities across the United States.
September 25, 2017, 7:43 AM MDT
There is a technological shift in how businesses collect, track and store data as more shift towards reporting automation and digitization.
September 25, 2017, 7:04 AM MDT
Seven Generations Energy Ltd. is proposing to offer, on a private placement basis, US$700 million aggregate principal amount of senior unsecured notes due 2025.
September 25, 2017, 5:52 AM MDT
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