ConocoPhillips is exercising its preemption right to purchase the remaining 50 per cent interest in Surmont from TotalEnergies EP Canada Ltd. for approximately $3 billion (C$4 billion), subject to customary adjustments, as well as contingent payments of up to approximately $325 million (C$440 million).
May 26, 2023, 10:51 AM MDT
While supports around carbon capture and storage advancements were not a hot topic in the Alberta provincial leadership debate, there have been encouraging indications on this front, according to the head of the International CCS Knowledge Centre.
May 26, 2023, 12 AM MDT
A partnership between an oil and gas producer and an energy services company has led to a significant reduction of greenhouse gas emissions at well sites in west-central Alberta.
May 26, 2023, 12 AM MDT
Less than two years since its inception after spinning-out from Perpetual Energy Inc., Clearwater-focused Rubellite Energy Inc. continues to quickly advance its asset base and increase output in the heavy oil play.
May 25, 2023, 6 AM MDT
As a pioneer and continued leader in the hot Clearwater heavy oil play, privately-held Spur Petroleum Ltd. continues to push the boundaries and has ambitious growth plans, says president and CEO Ian Currie.
May 23, 2023, 6:31 AM MDT
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