The historic resilience and stability of Enbridge Inc.’s operating assets will enable the company to withstand today’s challenging environment, says its chief executive.
March 18, 2020, 9:17 AM MDT
NOVA Gas Transmission Ltd. (NGTL) is seeking regulatory approval for a new form of Other Service (OS) to provide for natural gas liquids extraction service (OS-EXT).
March 16, 2020, 10:19 AM MDT
STEP Energy Services Ltd.’s Canadian operations posted stronger adjusted EBITDA margins for both the 2019 fourth quarter and full year at 13 per cent of revenue (2018-nine per cent) and 18 per cent (2018-16 per cent) respectively.
March 13, 2020, 9:02 AM MDT
Small-scale LNG and compressed natural gas (CNG) can play an important role in meeting a variety of regional energy needs in Canada while reducing greenhouse gas emissions, speakers told a recent Canadian LNG conference held at the Toronto Stock Exchange.
March 12, 2020, 9:52 AM MDT
Montney natural gas producer Pipestone Energy Corp. is deferring approximately $70 million in drilling and completion related activity in 2020, reducing forecast capital spending program to a midpoint of $60 million from its previous forecast of $150 million.
March 12, 2020, 11:11 AM MDT
Tervita Corporation says it has taken a prudent approach in setting a preliminary capital budget of $85 million for 2020, including growth and expansion of $50 million, a 53 per cent reduction from its 2019 additions.
March 10, 2020, 5:08 AM MDT
While some companies are spending their free cash flow on buying back company stock, Peyto Exploration & Development Corp. prefers to allocate its money to paying down debt, says its chief executive.
March 6, 2020, 12 AM MST
Peyto Exploration & Development Corp. was “very successful” in adding to its Deep Basin land position in 2019 at some “incredibly low” land prices, its chief executive said Thursday.
March 6, 2020, 4:02 AM MST
An Alberta Energy Regulator (AER) panel has upheld, subject to conditions, the AER’s decision to approve Pure Environmental Waste Management Inc.’s proposed oilfield waste management facility at Hangingstone, finding that it is in the public interest.
March 5, 2020, 12 AM MST
Baytex Energy Corp. recorded adjusted funds flow of $232 million in the fourth quarter of 2019 and $902 million for the year, resulting in free cash flow of $73 million and $329 million respectively.
March 4, 2020, 11:19 AM MST
The Orphan Well Association (OWA) expects to nearly double its activity in the coming fiscal year to nearly 2,000 wells with the assistance of a loan of up $100 million from the province, the association’s executive director said Monday.
March 3, 2020, 4:12 AM MST
The Alberta government is concerned that the coronavirus outbreak will hurt an already struggling Alberta economy over the next few months, Premier Jason Kenney said Monday.
March 3, 2020, 3:48 AM MST
Pembina Pipeline Corporation has decided to take a staged approach to the expansion of the Alliance USA pipeline rather than the larger expansion it earlier contemplated, says a company executive.
March 2, 2020, 7:19 AM MST
Pembina Pipeline Corporation continues to wait for a decision from the United States Federal Energy Regulatory Commission (FERC) on its Jordan Cove LNG project in Oregon, a company executive said today.
February 28, 2020, 11:24 AM MST
Pembina Pipeline Corporation in response to customer demand has decided to proceed with a $175 million expansion of its Prince Rupert propane export terminal which currently is under construction on Watson Island, the company said today.
February 28, 2020, 10:44 AM MST
Keyera Corp. achieved record financial results in 2019, delivering net earnings of $444 million (restated for accounting reasons) compared to $403 million in 2018, with all three business segments achieving record results.
February 27, 2020, 10:55 AM MST
As Alberta faces a growing challenge in accessing capital, one option under consideration by the government has been the re-creation of an agency or a corporation similar to the Alberta Energy Company which sold shares to the public, Premier Jason Kenney said Tuesday.
February 26, 2020, 8:28 AM MST
The Woodland Cree First Nation, northwest of Peace River, will receive a $187,688 grant to intervene in support of the Alberta government’s constitutional challenge of the federal government’s Bill C-69, the Impact Assessment Act.
February 26, 2020, 11:30 AM MST
The Alberta government is prepared to invest directly in companies and support Indigenous groups when necessary to ensure the future of responsible resource development, says Premier Jason Kenney.
February 25, 2020, 9:06 AM MST
Premier Jason Kenney has called on Ottawa to remove its federal carbon tax on Albertans following a 4-1 decision in which the Alberta Court of Appeal ruled in favour of Alberta in its constitutional reference case.
February 25, 2020, 5:06 AM MST
New legislation introduced Tuesday in the Alberta Legislature is targeting those who might be thinking about following the lead of protestors who in recent weeks have been blockading railways and highways in other parts of Canada.
February 25, 2020, 4:28 PM MST
The British Columbia regulator’s request that Coastal GasLink Ltd. consult with Wet’suwet’en Dark House will not affect a spring construction schedule if the company receives approval for a pre-construction condition shortly after the conclusion of the 30-day process, says the company.
February 24, 2020, 11:22 AM MST
The Alberta government in response to investor demand is working on an ESG (environment, social and governance) strategy, Energy Minister Sonya Savage said Thursday.
February 21, 2020, 7:28 AM MST
It could be at least another year until Alberta knows the outcome of its constitutional challenge to federal Bill C-69, which lists in situ oilsands as subject to federal assessment and approval, says the province’s energy minister.
February 21, 2020, 7:35 AM MST
Alberta oil and gas operators within the next month should see information on a new liability management framework but it won’t include timelines, an industry audience heard Thursday.
February 21, 2020, 7:43 AM MST