A new carbon pricing regime the Alberta government unveiled last week will cost large emitters — primarily oilsands producers — about $3 billion over the next 10 years, estimates the Canadian Association of Petroleum Producers (CAPP).
December 12, 2017, 11:38 AM MST
Midstream assets deemed non-core by Enbridge Inc. and which will be monetized over time would be more valuable in the hands of a focused midstream G&P player or a financial investor, says the company’s chief executive.
December 12, 2017, 11:57 AM MST
Drilling rig activity in Western Canada and the Top 5 active operators as of Dec. 12, 2017, as reported this morning by Rig Locator.
December 12, 2017, 11:44 AM MST
Under the Paris Accord of 2015 Canada has committed to reduce its greenhouse gas (GHG) emissions by 30 per cent from 2005 levels, by 2030.
December 12, 2017, 6 AM MST
December 12, 2017, 11:09 AM MST
At Canadian Natural Resources Limited’s 2017 year-end board meeting on Feb. 28, 2018, Steve Laut will assume the role of executive vice-chairman and Tim McKay, currently chief operating officer, will be promoted to president.
December 12, 2017, 3:51 AM MST
Sayer Energy Advisors has been engaged by MNP. Ltd. to assist COGI Limited Partnership, Canadian Oil & Gas International Inc., Conserve Oil Group Inc. and Conserve Oil 1st Corporation. (collectively “COGI” or the “Company”) pursuant to orders of the Court of Queen’s Bench of Alberta, in divesting all of the remaining oil and natural gas properties held by COGI (the “Properties”).
December 12, 2017, 7:08 AM MST
Hosted by The Explorers and Producers Association of Canada in partnership with JWN, the EPAC Awards recognize and celebrate the leading exploration and production companies in Canada’s oil and gas industry.
December 12, 2017, 6:45 AM MST
December 12, 2017, 11:23 AM MST
December 12, 2017, 4:04 AM MST
The Canadian natural resources industry is undergoing enormous change. Volatile energy prices — the reality of US 55 per barrel — reduced production reliability, uncertain market access, the government’s climate change agenda, tightening environmental policy, safety, and compliance concerns along with increasing social drivers, such as social license to operate, all have resulted in industry upheaval.
December 12, 2017, 6:40 AM MST
While Canada’s $72 billion Information Communications Technology (ICT) sector is poised to be a leader in the global technology revolution, the sector is hampered by a skills crunch, driven by the rapid speed of technological change.
December 12, 2017, 6:46 AM MST
Albertans are brushing the snow off their cowboy hats and getting ready to demonstrate the philanthropic spirit of the West at the can’t-miss event of 2018, PSAC (Petroleum Services Association of Canada) STARS & Spurs Gala.
December 12, 2017, 7:09 AM MST
December 12, 2017, 10:11 AM MST
Natural Resources Minister Jim Carr today announced the creation of a, 14-member Generation Energy Council to provide recommendations on how Canada can prepare for a reliable, affordable, low-carbon economy in the future.
December 12, 2017, 11:27 AM MST
Cardinal Energy Ltd. has set its 2018 capital expenditure budget at $55.5 million.
December 12, 2017, 9:43 AM MST
Advantage Oil & Gas Ltd. announced a 2018 capital budget of $175 million funded through cash flow.
December 12, 2017, 3:34 AM MST
TORC Oil & Gas Ltd. announced a 2018 capital budget of $165 million.
December 12, 2017, 6 AM MST
Tourmaline Oil Corp. achieved its 2017 exit production target of 270,000 boe/d on Dec. 1.
December 12, 2017, 3:31 PM MST
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December 12, 2017, 8:35 AM MST
CWC Energy Services Corp. announced that Stuart King has accepted the position of chief financial officer effective Dec. 11, 2017.
December 12, 2017, 6 AM MST
Cathedral Energy Services Ltd. is entering into a new credit facility with Alberta Treasury Branches as agent and including Alberta Treasury Branches and Export Development Canada as lenders.
December 12, 2017, 3:39 AM MST
December 12, 2017, 8:44 AM MST
December 12, 2017, 3:59 AM MST
December 12, 2017, 9:33 AM MST
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