The Canadian oil and gas industry needs to take a lesson from the diamond industry, which has differentiated its product by marketing Canadian polar bear diamonds, a panelist discussing the future of Canadian energy in the world said Thursday.
There are many benefits to northern regions producing natural gas for use within northern communities, which aside from being a cleaner, more self-sufficient form of energy than diesel, would provide career opportunities for young Indigenous peoples in the territories who comprise a large portion of the population, according to an Inuit leader.
Imperial Oil Resources Limited ("Imperial") has initiated a process for the disposition of the Central foothills asset package consisting of operated and non- operated properties located in Alberta as further outlined below.
MHWirth AS, a company owned by Akastor ASA, has received a contract from Wood Group Canada Inc. for delivery of a drilling package, including equipment, engineering and services for the West White Rose project.
Fort Hills Energy Limited Partnership has filed a statement of claim against a Norwegian-based manufacturer and its Korean sub-contractor seeking at least $182 million in damages related to deficiencies in a protective fireproof coating for the secondary extraction facility.
Cordy Oilfield Services Inc.’s wholly-owned subsidiary, Cordy Environmental Inc., has today entered into two restated lease agreements with its equipment lender which amend the terms of amounts payable under its existing finance leases.
Canadian Spirit Resources Inc. will be offering rights to holders of its common shares at the close of business on the record date of Oct. 27, 2017, on the basis of one right for each common share held.
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