Husky Energy Inc. has applied to build a 500-bbl-a-day pilot to test a partial upgrading technology designed to reduce the amount of diluent needed to pipeline bitumen.
October 12, 2017, 6:51 AM MDT
Field Upgrading Ltd. is seeking regulatory approval for a short-duration test of its process designed to convert “bottom-of-the-barrel” material from refineries to lower-sulphur fuel for ships.
October 6, 2017, 5:18 AM MDT
The head of Britain’s oil and gas regulator doesn’t mince words in describing how bad things were three years ago.
October 4, 2017, 9:49 AM MDT
Dealing with low-level radioactive material associated with oil and natural gas production is nothing new for the Canadian producers.
September 28, 2017, 6 AM MDT
Reductions in drilling and completion costs over the past three years may be more sustainable for natural gas than for oil, a study of five plays in Western Canada suggests.
September 27, 2017, 6 AM MDT
Steam-based extraction revolutionized Alberta’s in-situ oilsands industry with SAGD ballooning from no large-scale commercial production in 2000 to more than 800,000 bbls a day in about 15 years.
September 11, 2017, 12 AM MDT
Almost a decade ago the Japanese government pitched the Alberta government on the idea of a jointly sponsored demonstration of a potential new solvent for bitumen recovery.
September 11, 2017, 12 AM MDT
Surging United States crude output will keep prices in the US$45-$55 range next year, and a return to $60 oil is at least two years away.
September 8, 2017, 11 AM MDT
Phasing out natural gas-fired electricity generation along with coal-fired power across Canada would have a significant but “not overwhelming” impact on the economy, a report says.
September 7, 2017, 10:22 AM MDT
Carbon pricing will reduce business investment in Canada and achieve only a small reduction in greenhouse gas emissions, a new report says.
September 7, 2017, 10:13 AM MDT
Husky Energy Inc. will run short of processing capacity as its heavy crude output rises to 250,000 bbls a day from 150,000 bbls a day over the next five years, says an executive.
September 6, 2017, 11:31 AM MDT
Once its search for a new chief executive is finished, Cona Resources Ltd. may seek to acquire more assets like its low-decline Cactus Lake enhanced oil recovery (EOR) property.
August 14, 2017, 11:59 AM MDT
Enerplus Corporation expects to increase capital spending next year if oil prices are around $50.
August 14, 2017, 12 AM MDT
Anyone who has been watching the AECO natural gas price lately has seen extreme daily lows, which tend to parallel outages on TransCanada Corporation’s pipeline system.
August 11, 2017, 12 AM MDT
With the rig count back above 200 after spring breakup, Peyto Exploration & Development Corp. is hearing from some service companies that they expect to be busy enough to start charging more. But Peyto executives have a word of caution.
August 11, 2017, 7:25 AM MDT
In announcing its second quarter results on Wednesday, (DOB, Aug. 10, 2017), Peyto Exploration & Development Corp. disclosed it has established a new play area.
August 11, 2017, 7:14 AM MDT
Peyto Exploration & Development Corp. posted a fourfold earnings increase in the second quarter compared to the same period last year, but earnings still fell short of dividend payouts.
August 10, 2017, 11:53 AM MDT
Given its outlook for commodity prices, Obsidian Energy Ltd. expects its 2018 capital spending to match this year’s level.
August 9, 2017, 11:41 AM MDT
While investment in new Alberta oilsands megaprojects has stalled, heavy oil activity in Saskatchewan is proceeding apace, albeit on a much smaller scale.
August 8, 2017, 8:04 AM MDT
After buying Royal Dutch Shell plc’s oilsands interests and ramping up its own Horizon oilsands output, Canadian Natural Resources Limited achieved more than a fourfold increase in net earnings in the second quarter.
August 3, 2017, 11:38 AM MDT
Baytex Energy Corp. will deal with its debt in due course, but current market conditions aren’t ideal for acquisitions and dispositions.
August 2, 2017, 12 AM MDT
July 31, 2017, 12 AM MDT
Cenovus Energy Inc. expects to convert an entire SAGD well pad to its solvent-aided process (SAP) by mid-2018, but the first well results are expected this year.
July 28, 2017, 8:34 AM MDT
Cenovus Energy Inc. has reaffirmed previously disclosed plans to boost Deep Basin spending in 2018 and it is still mulling whether to sell some of those assets.
July 28, 2017, 7:37 AM MDT
In its first reporting period since closing an acquisition that roughly doubled its size, Cenovus Energy Inc. today posted second quarter net earnings of $2.64 billion on revenue of $4.08 billion.
July 27, 2017, 11:53 AM MDT