Calling it a new day for responsible resource development in the spirit of reconciliation, the Alberta government introduced legislation to help Indigenous groups gain ownership in natural resource projects.
October 8, 2019, 5:25 PM MDT
Women continue to be outnumbered on corporate boards and executive positions particularly in the oil and gas, mining and biotechnology sectors, according to a recent report released by the Canadian Securities Administrators (CSA).
October 8, 2019, 8:55 AM MDT
University of Calgary engineering professor Ian Gates had the industry’s attention with the allure of a way to bypass the pipeline plights in the country.
October 7, 2019, 8:07 AM MDT
Alberta’s first budget under the UCP government will be released on Oct. 24.
September 23, 2019, 10:16 AM MDT
Crew Energy Inc. is continuing to focus on its condensate-rich assets at West Septimus amidst a potential shortage of condensate in Western Canada.
September 12, 2019, 12 AM MDT
Advantage Oil & Gas Ltd. is considering changing its capital plans in order to invest in Progress, the site of its most recent significant light oil pool discovery.
September 11, 2019, 7:20 AM MDT
With an active drilling rate that hovered around the 25 per cent mark for the majority of the first half 2019, it came as no surprise that drilling programs were measured and deferred.
August 26, 2019, 10 AM MDT
A “Eavor-Loop” pilot project that harnesses heat from the ground that could potentially be used in oil and gas operations is ahead of schedule and on budget.
August 22, 2019, 10:12 AM MDT
The Alberta and Saskatchewan governments are expected to file a joint application to seek exemptions from federal requirements for interprovincial service rigs in early 2020.
August 21, 2019, 10:13 AM MDT
Producers will be mandated to limit production by at least another year.
August 20, 2019, 2:28 PM MDT
A cleaner version of a valve used to control oil flow rate, pressure and temperature at oil and gas sites may soon be hitting the Canadian market.
August 15, 2019, 10:51 AM MDT
Second-quarter earnings highlighted the challenges of the volatile AECO market as Canadian producers tightened production guidance, reduced spending or deferred projects until the second half of the year — when prices are cautiously expected to improve.
August 14, 2019, 7:59 AM MDT
Privately-held Jupiter Resources Ltd. shut in on average 40 mmcf equivalent per day in response to the extreme price weakness in the second quarter of 2019, says the company’s chief executive officer.
August 14, 2019, 11 AM MDT
Total Energy Services Inc. has seen the benefits of acquisitions and consolidation and is now looking to get back in the M&A game.
August 12, 2019, 12 AM MDT
Total Energy Services Inc.’s second quarter results clearly reflect the year-over-year decline in drilling in Canada coupled with the company’s strategy to make money outside of the country.
August 9, 2019, 10:58 AM MDT
Essential Energy Services Ltd. is adding another long-reach conventional coil tubing rig to its fleet based on anticipated demand from its customers.
August 8, 2019, 2:11 PM MDT
The Alberta government has set up a $10-million litigation fund for First Nations member groups that are taking legal action to support resource development in the province.
August 7, 2019, 11:27 AM MDT
More than half the wells drilled on Freehold Royalties Ltd.’s lands were in Saskatchewan and Manitoba in the first six months of the year.
August 7, 2019, 12 AM MDT
Horizon North Logistics Inc.’s second quarter earnings fell short of expectations with project delays and deferrals affecting the company’s bottom line.
August 6, 2019, 9:56 AM MDT
Baytex Energy Corp. continues to find success in the East Duvernay shale, solidifying the Pembina area as a highly prospective region for the company, says chief executive Ed LaFehr.
August 2, 2019, 10:01 AM MDT
A first phase of Cardinal Energy Ltd.’s power-generating project went online, helping to lower operating costs and a reliance on the Alberta power grid during the second quarter.
August 1, 2019, 12 AM MDT
In Canada, completion operations on the ConocoPhillips 14-well Montney pad and infrastructure construction progressed as planned with start-up on track for the fourth quarter.
July 30, 2019, 7:11 AM MDT
Growth is hard to come by but Mullen Group Ltd. keeps finding ways, the company’s chief executive told analysts on a second quarter earnings call.
July 26, 2019, 12 AM MDT
A project that uses oil-eating bacteria to find hydrocarbons in the Atlantic Ocean is taking a deeper dive thanks to a $6.5 million boost from the federal government.
July 25, 2019, 8:18 AM MDT
Premier Jason Kenney says his government is just getting started on delivering on platform promises to get Alberta back on track.
July 24, 2019, 7:54 AM MDT