AltaGas Ltd. reported global export volumes during the first quarter of 2022 of approximately 88,000 bbls/d of LPGs to Asia, spread across 14 Very Large Gas Carriers (VLGCs).
April 28, 2022, 11:27 AM MDT
Crescent Point Energy Corp. says it continues to gain operational momentum in its Kaybob Duvernay play, realizing ongoing operational efficiencies and cost reductions.
March 3, 2022, 11:32 AM MST
Connecting low-cost and long-life reserves in the Permian and Eagle Ford basins to global markets via infrastructure in the U.S. Gulf Coast is an essential part of how Enbridge Inc. is viewing its broader strategy about the energy transition.
November 9, 2021, 6:51 AM MST
Ovintiv Inc. views its 2021 development program as being highly repeatable in 2022 for the same amount of capital investment.
November 3, 2021, 11:24 AM MDT
Crescent Point Energy Corp. is focusing on improving the company’s economics in the Kaybob Duvernay play, which it says are already highly competitive.
October 28, 2021, 11:22 AM MDT
The Cedar LNG and Ksi Lisims LNG projects are breaking new ground in allowing Indigenous people to participate in developments that could have a huge impact on their communities, while also serving as a counterpoint to LNG developments in the U.S., says a doctoral student at the University of Calgary.
September 29, 2021, 10:19 AM MDT
Keyera Corp. says construction on the KAPS pipeline project is now underway with the majority of line pipe continuing to be milled in Alberta.
August 5, 2021, 10:28 AM MDT
ARC Resources Ltd. expects production in the second half of 2021 to average 335,000–350,000 boe/d (the company says it will be “approximately” 340,000 boe/d), with a revised forecast for full-year average production of 287,000–302,000 boe/d.
July 30, 2021, 9:16 AM MDT
Suncor Energy Inc. expects to allocate $500 million per year (10 per cent of its annual capital budget) over the medium-term on investments that are intended to advance its lower-carbon energy offerings.
July 29, 2021, 9:25 AM MDT
Suncor Energy Inc. has provided new 2021 guidance for Fort Hills production and cash operating costs as the company undertakes additional work to maintain slope integrity on the south side of the mine.
July 29, 2021, 10:37 AM MDT
Crescent Point Energy Corp. has increased its 2021 annual average production guidance to 130,000–134,000 boe/d, up from its prior range of 128,000–132,000 boe/d.
July 28, 2021, 11:14 AM MDT
Crescent Point Energy Corp. says it is moving quickly to integrate the company’s newly acquired Duvernay assets into its operations.
May 12, 2021, 11:10 AM MDT
TC Energy Corporation says it will shift its capital allocation over time to meet the energy mix of the future, although it expects no fundamental change to the company’s risk preferences.
May 10, 2021, 8:38 AM MDT
North American Construction Group Ltd. reported first-quarter revenue of $168.41 million, down from $198.82 million in the first three months of 2020, driven by the continued delay of several large projects due to the uncertainty and variability of the COVID-19 pandemic.
May 3, 2021, 10:33 AM MDT
Ovintiv Inc.’s Montney production averaged 230,500 boe/d (24 per cent liquids) in the first quarter of 2021, up from 204,700 boe/d in Q1 2020.
April 29, 2021, 11:05 AM MDT
Crescent Point Energy Corp. plans to drill its first Duvernay wells this summer, as the company starts the process of applying its operational execution and continuous improvement practices to the play.
April 7, 2021, 10:40 AM MDT
A need to lower the cost base for industry has been the “big driver” for Husky Energy Inc.’s recent moves on the M&A front, says the company’s chief executive.
October 29, 2020, 11:33 AM MDT
After a few years of being in divestiture mode to shore up its balance sheet, Crescent Point Energy Corp. has “certainly been paying attention” to the recent spate of M&A activity on both sides of the border, says the company’s chief executive.
October 29, 2020, 7:57 PM MDT
Crescent Point Energy Corp. says its capital expenditures for the year are trending to the lower end of its guidance of $650–$700 million due to expected well cost savings of over 10 per cent in 2020.
July 30, 2020, 11:21 AM MDT
Seven Generations Energy Ltd. is forecasting lower sustaining capital requirements going forward, predominately driven by enduring cost savings that are now part of its business model.
July 29, 2020, 11:10 AM MDT
Seven Generations Energy Ltd. plans to refocus its 2020 development drilling program towards the company’s gas-weighted assets, given the weakness in liquids pricing and the relative strength in natural gas forward pricing.
May 7, 2020, 10:48 AM MDT
Crescent Point Energy Corp. says the company’s first quarter capital expenditures represent close to half of its revised annual budget of $650–$700 million.
May 6, 2020, 11:22 AM MDT
Crescent Point Energy Corp. says it substantially reduced its debt and cost structure in 2019, while also returning a meaningful amount of capital to shareholders.
March 5, 2020, 11:23 AM MST
The chief executive officer of Enbridge Inc. outlined Thursday how the company believes its new contracting proposal for the Mainline pipeline system meets the public interest test.
January 31, 2020, 10:39 AM MST
Fewer than 8,000 new wells were licensed across Canada in 2019 — a three-year low — although there was an increase in December permitting on the strength of Saskatchewan-directed well authorizations.
January 13, 2020, 8:15 AM MST
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