Surge Energy Inc. touted its cash flow "torque" to rising crude oil prices in 2022.
July 30, 2021, 12 AM MDT
Whitecap Resources Inc. has increased its 2022 preliminary production outlook to 122,000 boe/d, incorporating the acquisition of a private company with operations in southeastern Saskatchewan, but the preliminary capital spending outlook remains between $560 million and $580 million for the year.
July 29, 2021, 8:34 AM MDT
Tourmaline Oil Corp. drilled 113.75 net wells in 1H 2021 and expects to drill approximately 250 net wells for full-year 2021, completing approximately 220 (net) of those wells by year end.
July 28, 2021, 4 PM 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
Higher activity levels drove a rebound in revenues and reduced net losses for Trican Well Service Ltd. in the second quarter of 2021, the company reported on Wednesday.
July 28, 2021, 8:06 AM MDT
Canadian Pacific Railway Limited moved 76,100 carloads of energy, chemical and plastics freight (the category that includes crude-by-rail) for the second quarter, which is up 21 per cent from Q2 of 2020, and senior management expects continued strength in this segment with further economic recovery during the rest of 2021.
July 28, 2021, 8:29 PM MDT
Baytex Energy Corp. has appointed Chad Lundberg as chief operating and sustainability officer to lead its sustainability efforts and to reinforce Baytex’s commitment to developing responsible energy for the future.
July 28, 2021, 4:32 PM MDT
Secure Energy Services Inc. generated revenue (excluding oil purchase and resale) of $116.7 million for the second quarter, an increase of 78 per cent from the three months ended June 30, 2020.
July 27, 2021, 3:20 PM MDT
Precision Drilling Corporation expects to activate several more rigs in the Canadian market in the coming weeks, and the company has agreed to a multi-year contract to redeploy an AC Super Triple rig from Colorado to the Montney, as the outlook for Canada remains “exceptionally bright” for the next 12 months.
July 22, 2021, 7:55 AM MDT
Cenovus Energy Inc. has entered into a power purchase agreement (PPA) to buy solar-power produced electricity and the associated emissions offsets from a partnership between Cold Lake First Nations (CLFN) and Elemental Energy Inc.
July 22, 2021, 6:16 AM MDT
The country’s energy sector is making tremendous progress in reducing emissions as companies continue to invest significantly in the clean-technology sector and knowledge sharing across the industry, says a newly-released report by the Canadian Association of Petroleum Producers (CAPP).
July 21, 2021, 11 AM MDT
July 20, 2021, 12:37 PM MDT
The Nisga'a Nation, Rockies LNG and Western LNG filed the initial project description for the Ksi Lisims LNG project with the B.C. and federal governments.
July 19, 2021, 9:22 AM MDT
The thing about risk is it’s all interconnected. We know stakeholders, shareholders and regulators are increasingly keen to understand how the oil and gas sector will decarbonize and create the kind of long-term value that extends well beyond profits alone. But decarbonization itself fuels a whole host of new risks to consider.
July 19, 2021, 6 AM MDT
Privately-held, Calgary-based oil and gas producer West Lake Energy Corp. has successfully executed a first-of-its-kind carbon neutral heavy crude oil transaction in the Lloydminster region in Alberta.
July 6, 2021, 7:39 AM MDT
July 2, 2021, 6 AM MDT
June 29, 2021, 12 AM MDT
Enbridge Inc. closed its inaugural Sustainability Linked Bond (SLB).
June 28, 2021, 3:36 PM MDT
June 25, 2021, 7:10 AM MDT
mCloud Technologies Corp. has partnered with Halifax-based Prosaris Solutions Ltd. as the company begins the rollout of a new AssetCare solution targeting fugitive gas emissions.
June 23, 2021, 6:54 AM MDT
June 23, 2021, 12 AM MDT
Proper planning is necessary for Canada and Alberta to ensure the nation and province are not “left behind” by energy markets changing elsewhere, and that “we can seize” the opportunities that come with energy transition, according to Jennifer Winter, associate professor and scientific director, energy and environmental policy, with the School of Public Policy, at the University of Calgary.
June 22, 2021, 6:45 AM MDT
Enbridge Inc. says it has published the first Sustainability-Linked Bond Framework in the North American midstream sector, which links its environment, social and governance (ESG) goals to the company's funding strategy.
June 18, 2021, 12 AM MDT
Among the many offerings within its AssetCare platform, mCloud Technologies Corp. uses a combination of 3D laser scanners and rendering technology to essentially recreate an oil and gas plant digitally — meaning crews can do walkthroughs and facility inspections without necessarily travelling to the location.
June 16, 2021, 12 AM MDT
ESG is the acronym for environmental, social, and (corporate) governance, the three distinct categories that have become mainstream with an investment community that is looking to invest in sustainable or socially responsible enterprises. What started as a niche investment strategy, sustainable/ESG-led investments have grown exponentially over the last few years.
June 15, 2021, 6 AM MDT