Simply put: it takes too long for pipeline projects in Canada to receive regulatory approval, say industry advocates.
June 11, 2018, 7:22 AM MDT
May 31, 2018, 6 AM MDT
Advantage Oil & Gas Ltd. is not afraid of a little debt in the near term if that debt goes towards developing assets that will prove highly profitable in the long term, says its chief executive.
May 30, 2018, 10:24 AM MDT
Canada is showing its commitment to attracting investment by agreeing to purchase the Trans Mountain pipeline system and the expansion project for $4.5 billion, says Finance Minister Bill Morneau.
May 29, 2018, 11:43 AM MDT
Strategic Oil & Gas Ltd.’s new top brass sees “extraordinary opportunity to realize value” from company assets, but doing so will require setting some priorities over the next couple of months.
May 25, 2018, 8:57 AM MDT
Duvernay operators have incorporated technological advances in drilling and completions developed earlier in the Eagle Ford, with operators in the Duvernay bringing down capital costs per boe of estimated ultimate recovery to levels approaching what developers have achieved in the more mature Eagle Ford play.
May 24, 2018, 11:02 AM MDT
Until political leadership in Canada creates a truly welcoming energy investment environment, Total Energy Services Ltd. expects continuously more of its operations to occur beyond Canada.
May 18, 2018, 10:29 AM MDT
Precision Drilling Corporation sees limited opportunities in Western Canada until new pipelines can increase market access for its Canadian customers, which is why Kevin Neveu supports the federal government’s promise to indemnify Kinder Morgan Canada Limited’s Trans Mountain expansion project.
May 17, 2018, 6 AM MDT
InPlay Oil Corp. possibly could increase its capital spending for the year depending on whether strengthening commodity prices persist, heard this week’s annual general meeting.
May 16, 2018, 6 AM MDT
The Accelerated Waterflood Development Program (AWDP) is a good example of how Saskatchewan is promoting earlier adoption of waterflood technology within the province for enhanced oil recovery.
May 11, 2018, 7:21 AM MDT
The last 10 months brought plenty of “good news” for Canadian oil producers, says Painted Pony Energy Ltd.’s president and chief executive officer. He told his company’s annual general meeting on Thursday that oil prices have risen from around $43/bbl in July 2017 to more than $70/bbl in the last week or so.
May 11, 2018, 10:58 AM MDT
Overall, non-oilsands drilling activity in the Western Canadian Sedimentary Basin has dropped this year, with almost 10 per cent fewer wells spud in Q1 2018 compared to Q1 2017, says Michele Innes.
May 10, 2018, 9:48 AM MDT
In order for AECO prices to improve to more sustainable levels, those companies still overly invested into natural gas production simply must adjust towards developing other hydrocarbons, says Paramount Resources Ltd. top brass.
May 10, 2018, 8:54 AM MDT
NuVista Energy Ltd. was only able to achieve its recent record-setting five-kilometre well after a long progression of advancements that enabled increasingly longer horizontals while minimizing the risk of losing the hole.
May 9, 2018, 9:08 AM MDT
A weak commodity price environment overshadowed operational successes in Cona Resources Ltd.’s Q1 financial results, reported the company in the last quarterly release before shareholders decide next week whether to approve a deal that ultimately would see the company go private.
May 8, 2018, 10:31 AM MDT
Crescent Point Energy Corp. reported a net loss in the first quarter of 2018, as management announced a $25 million reduction to the 2018 capital expenditures budget.
May 3, 2018, 11:21 AM MDT
When will Encana Corporation increase its dividend? A shareholder asked that question during Tuesday’s annual general meeting, to which top brass responded: Maybe next year.
May 2, 2018, 6 AM MDT
Pengrowth Energy Corporation saw its Q1 2018 average production fall 63 per cent when compared to the same period last year, due to the absence of production related to properties divested in 2017.
May 2, 2018, 9:56 AM MDT
The effectiveness of the Canadian Council of Ministers of the Environment (CCME) is compromised so long as B.C. continues its rogue actions on market access matters of national concern, according to Shannon Phillips.
May 1, 2018, 6 AM MDT
Encana Corporation is on track to increase total production by more than 30 per cent in 2018 compared to 2017, adjusted for 2017 dispositions, as the company keeps optimizing its cube development model to increase efficiency.
May 1, 2018, 9:40 AM MDT
April 30, 2018, 6 AM MDT
Finding qualified personnel is a current challenge not only for Western Energy Services Corp., but for companies across the Canadian energy business.
April 27, 2018, 7:51 AM MDT
April 26, 2018, 11:24 AM MDT
NuVista Energy Ltd. has a message for U.S. companies who thus far have been drilling longer wells than their Canadian counterparts: Horizontal lengths north of the border are increasing to new limits, notably for NuVista.
April 25, 2018, 6 AM MDT
Having curtailed its crude-by-rail business over the last six months, Canadian National Railway Company will ramp up crude volumes in the back half of 2018 as construction work this summer replenishes network capacity.
April 24, 2018, 10:01 AM MDT