Provincial bans on hydraulic fracturing in Canada’s Maritimes may yet come back to haunt the governments that passed them, recent interviews with industry insiders suggest.
September 11, 2017, 8:45 AM MDT
A notably sharper focus on Canadian shales emerged this week, as Murphy Oil Corporation outlined spending plans for the rest of the year.
September 8, 2017, 10:24 AM MDT
France’s plan to phase out oil and gas production by 2040 will have little effect on the French operations of Vermilion Energy Inc., the company’s chief executive said Wednesday.
September 7, 2017, 9:19 AM MDT
Alberta’s government is on side with two of Ottawa’s key priorities going into this week’s renegotiation of the North American Free Trade Agreement (NAFTA) in Washington, D.C.
August 18, 2017, 11:19 AM MDT
Among several issues that may affect Canadian oil and gas producers, Alberta’s public securities regulator is considering new climate change disclosure rules for public companies.
August 16, 2017, 8:55 AM MDT
News that former Judge Thomas Berger will go to bat for British Columbia’s NDP government over the proposed Trans Mountain expansion may not surprise veterans of Canada’s oil and gas sector, but the Berger name likely is not familiar to everyone in the industry.
August 14, 2017, 8:23 AM MDT
Acquiring Savanna Energy Services Corp. earlier this year led to sharply-higher revenue for Total Energy Services Inc. in the second quarter and year to date, the company reported today.
August 11, 2017, 11:26 AM MDT
Responding to stronger field activity, Essential Energy Services Ltd. has hiked its 2017 capital budget 43.8 per cent to $23 million, management said in releasing second-quarter results this week.
August 10, 2017, 11:26 AM MDT
Based on current demand, Ensign Energy Services Inc. is expecting no significant movement in drilling rig day rates in Canada for the rest of the year, company executives said on Tuesday.
August 9, 2017, 9:43 AM MDT
As it rolls out a new, high-spec drilling rigs, Xtreme Drilling Corp. is putting eight other, lower-spec rigs up for sale, leaving the company with 10 available rigs in the North American market.
August 4, 2017, 11:32 AM MDT
While earnings soared and natural gas volumes sailed past one bcf per day in the second quarter, Tourmaline Oil Corp. is cutting next year’s capital budget by 15 per cent or $270 million, largely due to commodity prices, the company reported yesterday.
August 3, 2017, 11:36 AM MDT
Federal proposals to overhaul the way Canada’s oil and gas projects are regulated might be in for a rough ride, if the early response from an industry group in Newfoundland and Labrador is any indication.
August 3, 2017, 12 AM MDT
A busier drilling climate on both sides of the Canada-U.S. border drove increased activity for Trinidad Drilling Ltd. in the second quarter and first half, the company said today.
August 2, 2017, 11:21 AM MDT
Miffed by mediocre oil and gas prices, many stock market investors are overlooking the value behind oilpatch companies, including Precision Drilling Corporation, the company’s chief executive told analysts Monday.
August 1, 2017, 8:49 AM MDT
Management at Calfrac Well Services Ltd. cited labour as a “key constraint” in Canada, as the contractor considers deploying more pressure-pumping equipment later this year (DOB, July 26, 2017).
July 27, 2017, 12 AM MDT
Higher producer spending and rising demand for rigs has led Western Energy Services Corp. to boost capital spending to $20 million from $13 million, the company said as it released second-quarter results late Wednesday.
July 27, 2017, 10:16 AM MDT
As Mullen Group Ltd. released second-quarter results Tuesday, the company’s chief executive said the huge capital projects that were formerly typical of Western Canada’s oilsands sector are “endangered.”
July 26, 2017, 12 AM MDT
In ruling a proposed pipeline did not fall under federal jurisdiction, the National Energy Board (NEB) erred and must reconsider the matter according to rules laid down by the Supreme Court of Canada, Canada’s Federal Court of Appeal ruled in a decision Wednesday.
July 21, 2017, 11:06 AM MDT
While few people in Alberta’s oil and gas sector are celebrating Tuesday’s investiture of a New Democratic government in British Columbia, recent interviews suggest the event is not being met with the trepidation industry insiders might expect.
July 19, 2017, 10:54 AM MDT
The Duvernay play could offer a future business opportunity similar to that of the Permian Basin in Texas, says an executive with Shell Canada Limited, Alberta’s largest Duvernay landholder.
July 17, 2017, 7:53 AM MDT
Western Canada’s contract-drillers continue to invest in new and better technology, but there’s still debate about whether producers are willing to pay for the improvements, an industry panel heard this week.
July 7, 2017, 11:16 AM MDT
Junior InPlay Oil Corp. is among the operators holding Duvernay land in Alberta’s East Shale Basin, buying in earlier into the area where prices have been rising in recent land sales, company shareholders heard Thursday.
June 23, 2017, 8:32 AM MDT
June 21, 2017, 11:13 AM MDT
Natural gas producers seeking markets beyond Western Canada should look south, to the U.S. Pacific Northwest and California, an audience at the Global Petroleum Show heard this week.
June 16, 2017, 11:52 AM MDT
June 15, 2017, 11:39 AM MDT