Four of the largest oilsands producers have embarked on significant executive leadership changes as 2018 begins. The organizational shifts follow major M&A transactions over the last two years.
December 20, 2017, 6 AM MST
Everything is big in the oilsands, including the money to be made.
December 20, 2017, 6 AM MST
Shippers on the TransCanada PipeLines Limited Mainline as of the new year will see 2018-2020 interim toll reductions of between two and 13 per cent from current 2015-2017 tolls, depending on the type of haul.
December 20, 2017, 4:44 AM MST
A new study by TransCanada PipeLines Limited forecasts western Canadian natural gas production will grow to between 16.6 bcf/d and 17.5 bcf/d by 2027 due to increased unconventional supply.
December 20, 2017, 5:46 AM MST
Drilling rig activity in Western Canada and the Top 5 active operators as of Dec. 20, 2017, as reported this morning by Rig Locator.
December 20, 2017, 11:33 AM MST
People around these parts don't much like those who say peak oil demand is inevitable. Can’t say that I blame them. The theory ain’t good for business in the short term — although taking the appropriate actions now, assuming it is correct, could keep them from driving off a proverbial cliff in the more distant future. Funny thing, many of the people trying to debunk peak oil demand are the same ones who sold Peak Oil — on the supply side — like snake oil last decade. It's like these people just tell you folk what you want to hear, not what you need to hear.
December 20, 2017, 6 AM MST
We only source our fuel from the best. Our quality control starts with obtaining fuel from the major suppliers in Western Canada, who meet our high fuel quality standards.
December 20, 2017, 6 AM MST
Jim co-founded FirstEnergy Capital, one of Canada's leading energy investment banking firms, 24 years ago, and in 2016 lead the combination of GMP Securities with FirstEnergy Capital to create the largest independent investment bank in the Canadian energy sector where he today is the Deputy Chairman.
December 20, 2017, 8:52 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 20, 2017, 6 AM MST
December 20, 2017, 12:58 PM MST
December 20, 2017, 11:23 AM MST
An Alberta government draft plan to help the recovery of woodland caribou populations across the province includes commitments to stringent requirements for new oil and gas approvals and seismic exploration programs as well as working with industry to reschedule development.
December 20, 2017, 10:51 AM MST
December 20, 2017, 9:12 AM MST
BP plc confirmed that production has started from the super-giant Zohr gas field, offshore Egypt.
December 20, 2017, 9:22 AM MST
TransGlobe Energy Corporation equipped and tied in three new Cardium horizontal wells during October.
December 20, 2017, 4:02 AM MST
AltaGas Ltd.’s 2018 capital program (excluding WGL) is expected to be in the range of approximately $400-$500 million.
December 20, 2017, 6:55 AM MST
Point Loma Resources Ltd., which has captured over 160,000 net acres across the multi-zone Mannville, Nordegg and Banff fairways of west central Alberta, outlined planned activities for the first half of 2018, which includes a two-well drilling program.
December 20, 2017, 7:47 AM MST
The federal government announced over $3 million for eight projects that support development of clean technologies in Alberta.
December 20, 2017, 11:19 AM MST
December 20, 2017, 7:05 AM MST
December 20, 2017, 7:14 AM MST
December 20, 2017, 7:17 AM MST
Iron Bridge Resources Inc. drilled its first development well in its Elmworth winter program, and the rig will now move onto its second development well, the company noted in a drilling update.
December 20, 2017, 6:35 PM MST
Paramount Resources Ltd.’s board has approved a normal course issuer bid (NCIB) and a notice of intention to make a normal course issuer bid has been filed with, and accepted by, the Toronto Stock Exchange.
December 20, 2017, 6 AM MST
One month after initial production, the oil, natural gas and natural gas liquids rates from Eagle Energy Inc.’s first North Texas horizontal well continue to perform at budgeted levels.
December 20, 2017, 6 AM MST
Altura Energy Inc. has granted options to acquire 1.64 million common shares in the capital of Altura, of which 1.59 million were granted to officers and directors of the company.
December 20, 2017, 3:52 AM MST
December 20, 2017, 7:25 AM MST
Canadian oil and gas producers escaped a provision in the new tax reform bill President Donald Trump is expected to sign into law before Christmas that would have represented a significant blow to them, according to two Washington-based journalists.
December 20, 2017, 8:22 AM MST
December 20, 2017, 11:12 AM MST
Perpetual Energy Inc. announced that the common shares of the company will be voluntarily delisted from the OTCQX effective the close of market Dec. 29, 2017.
December 20, 2017, 6:34 AM MST
December 20, 2017, 7:39 AM MST
December 20, 2017, 9:18 AM MST
December 20, 2017, 9:27 AM MST
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.