Canadian Natural Resources Limited’s 2018 capital budget is targeted at approximately $4.3 billion, roughly $500 million less than 2017, excluding the Athabasca Oil Sands Project (AOSP) acquisition capital.
Agreement on a rule book as countries prepare to start reporting their progress next year on 2020 greenhouse gas emission targets is a major item for discussion at this year’s United Nations Conference on Climate Change, says the head of Canada’s oil industry lobby group.
The National Energy Board (NEB) will hear oral summary argument Dec. 4, 2017 in Calgary on a notice of motion and constitutional questions from Trans Mountain Pipeline ULC related to certain Burnaby, British Columbia municipal bylaws and work on the Burnaby and Westridge terminals.
Divestco is proud to announce the launch of an exciting new Data Management module for GeoCarta, our powerful GIS based mapping software that lets project teams explore, analyze, filter, map and extract public and proprietary data.
Pembina Pipeline Corporation has executed further agreements whereby the company will construct and operate the first tranche of infrastructure development under its previously announced 20-year infrastructure development and service agreement with Chevron Canada Limited.
Perpetual Energy Inc.’s third quarter production decreased to 10,330 boe/d from 14,123 boe/d a year earlier while the company’s net loss narrowed slightly to $8.08 million from $10.92 million a year ago.
A planned controlled source electromagnetic (CSEM) data program over the Newfoundland and Labrador sector of the Old Harry prospect has been approved by the Canada-Newfoundland Offshore Petroleum Board (C-NLOPB), said Corridor Resources Inc.
Williams Partners L.P. filed a motion for clarification of an administrative stay issued yesterday by the U.S. Court of Appeals for the District of Columbia Circuit of the Federal Energy Regulatory Commission’s (FERC) authorization of the company’s Atlantic Sunrise natural gas pipeline project.
Harvest Operations Corp. has successfully closed the re-opening of its US$285 million, three per cent guaranteed notes due 2022 raising an additional US$200 million at a price of 99.20 per cent of the principal amount.
Bri-Chem Corp. has reached an agreement with the CIBC to increase its asset based lending facility from $25 million to $35 million and extend the term of the ABL facility for a period of three years to November 2020.
Calfrac Well Services Ltd. announced that the Alberta Investment Management Corporation (AIMCo) has exercised its warrants which were issued in conjunction with the senior secured second lien term loan facility on June 10, 2016.
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