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).
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.
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.
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”).
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.
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.
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.
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.
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.
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