With the forward markets heavily discounting Canadian natural gas, GMP FirstEnergy’s Martin King admits his outlook is a bit optimistic.
October 26, 2017, 3:06 AM MDT
Canadian fossil fuel consumption is expected to peak in 2019 and to remain relatively flat through 2040 due to climate policy and technological developments, says the National Energy Board (NEB) in an updated long-term energy outlook released today.
October 26, 2017, 12:05 PM MDT
October 26, 2017, 6:48 AM MDT
Record production in the third quarter, strong performance in its downstream segment and a more favourable business climate helped Suncor Energy Inc. post its best financial results since the first quarter of 2014, while the company also continued to progress toward first oil at its Fort Hills and Hebron growth projects.
October 26, 2017, 10:42 AM MDT
October 26, 2017, 6:57 AM MDT
MEG Energy Corp. has reduced operating cost guidance for its Christina Lake SAGD project for the second time this year as the company ramps up production from its eMSAGP optimization system.
October 26, 2017, 11:34 AM MDT
Crescent Point Energy Corp. plans to increase its 2017 capital expenditures budget by $100 million to $1.55 billion, which the company will fund with Q3 dispositions and agreements entered into subsequent to the quarter.
October 26, 2017, 11:30 AM MDT
Due partly to better cost efficiencies, Husky Energy Inc. has cut its capital spending guidance for 2017 to the $2.2-$2.3 billion range.
October 26, 2017, 11:56 AM MDT
Continuing with a trend established earlier this year, in its first and second quarters, Calfrac Well Services Ltd. announced a boost in capital spending Thursday, as it released its third quarter results, with signs that the pressure pumping business has recovered from a two to three year downturn.
October 26, 2017, 7:59 AM MDT
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.
October 26, 2017, 6 AM MDT
The perception of many outside the industry is that what is being done to prevent pipeline leaks from occurring is not good enough.
October 26, 2017, 6 AM MDT
A senior manager with a company that specializes in workplace safety issues involving alcohol and drug use says job sites, particularly industrial ones, face serious dangers as marijuana is legalized in Canada.
October 26, 2017, 6 AM MDT
Lake Chapala, Mex. — The chief executive of an Atlanta-based privately-owned firm that provides debt financing for infrastructure projects worldwide — and which is involved in a consortium building Mexico’s first privately-financed refinery in over 70 years — says his firm is now working with a new multibillion-dollar Saudi-based investment fund to invest in energy, infrastructure and other areas of the Mexican economy.
October 26, 2017, 6 AM MDT
Coming off the highest land sale of the year on Oct. 11 of $125.26 million, the Alberta government on Wednesday took in the lowest of the year—a $2.13 million auction.
October 26, 2017, 6 AM MDT
October 26, 2017, 11:01 AM MDT
Overall construction of the Fort Hills oilsands project has surpassed 96 per cent completion, and five of the six major project areas (mining, ore preparation, primary extraction, utilities and infrastructure) have been turned over to operations with site construction now focused on completing secondary extraction, said Teck Resources Limited.
October 26, 2017, 6:19 AM MDT
In Canada, small and medium size enterprises (SMEs) are owed millions of dollars in unpaid money, and many have actually lost track of exactly how much they are owed.
October 26, 2017, 6 AM MDT
Peter Terzakian shares his view - Western Canadian Oil and Gas: Looking Forward
October 26, 2017, 6 AM MDT
October 26, 2017, 9:49 AM MDT
Drilling rig activity in Western Canada and the Top 5 active operators as of Oct. 26, 2017, as reported this morning by Rig Locator.
October 26, 2017, 11:39 AM MDT
October 26, 2017, 8:32 AM MDT
October 26, 2017, 9:26 AM MDT
October 26, 2017, 6:54 AM MDT
October 26, 2017, 5:52 AM MDT
Completion operations on Delphi Energy Corp.’s ninth, 10th and 11th wells of the 2017 program have concluded, with two of the wells now on production and the third well expected to be on production in late November.
October 26, 2017, 6 AM MDT
Syncrude Canada Ltd. is undergoing an executive change at the end of this year with the retirement of Syncrude president and CEO Mark Ward, and Doreen Cole replacing him as the incoming managing director, effective Dec. 11, 2017.
October 26, 2017, 6 AM MDT
Essential Energy Services Ltd. this morning provided a timing update with regard to the litigation process between Essential and Packers Plus Energy Services Inc., previously disclosed in Q2 2017.
October 26, 2017, 10:09 AM MDT
October 26, 2017, 6:26 AM MDT
October 26, 2017, 6:40 AM MDT
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