Improving environmental, social and governance (ESG) performance has become material to the strategic-direction for many companies, but imposing externally-developed ESG criteria on investment standards that involve Indigenous lands and waters undermines Indigenous rights, traditional knowledge and cultural heritage, says a recent report.
March 19, 2021, 10:56 AM MDT
Canada’s oil and gas industry faced a number of major disruptions in 2020.
March 19, 2021, 11:12 AM MDT
Over the next two years, the federal government is providing $2.6 million in funding for the First Nations Major Projects Coalition (FNMPC), as well as $1 million in funding for the First Nations Climate Initiative (FNCI).
March 18, 2021, 2:46 PM MDT
Suncor Energy Inc. announced an equity financing agreement which provides Svante Inc. with the additional growth capital to accelerate the commercialization of its novel second generation CO2 capture technology in North America for the decarbonization of industrial emissions and hydrogen production.
March 18, 2021, 3:29 PM MDT
Furthering the environmental, social and governance (ESG) cause was a recurring theme with oilfield services companies during the recent round of fourth quarter conference calls, including with better technology for customers.
March 17, 2021, 12 AM MDT
CES Energy Solutions Corp. is taking advantage of a current “perfect storm” as it tries to find young, technical petroleum engineers to help build out its Stimwrx Energy Services business line in the United States.
March 17, 2021, 8:48 AM MDT
The pandemic-induced demand shock and a shifting momentum towards investment in clean energy are set to slow the expansion of the world’s oil production capacity over the six-year forecast period in the International Energy Agency’s (IEA) Oil 2021 report released this morning.
March 17, 2021, 10:31 AM MDT
The B.C. government is launching what it called a first-of-its-kind effort to restore oil and gas “legacy sites” across northeastern British Columbia.
March 17, 2021, 9:59 AM MDT
Alberta Innovates is providing Acceleware Ltd. with a contribution of up to $5 million for the RF XL commercial pilot test at Marwayne.
March 17, 2021, 5:40 AM MDT
After a difficult and challenging 2020, 2021 is shaping up to be a “significant improvement” for Cardinal Energy Ltd.
March 17, 2021, 8:32 AM MDT
Canada’s oil and gas industry faced a number of major disruptions in 2020.
March 16, 2021, 1:01 PM MDT
March 16, 2021, 11:19 AM MDT
March 16, 2021, 11:15 AM MDT
In the first meeting between U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau, the two leaders unveiled an ambitious Roadmap for a Renewed U.S.-Canada Partnership. This is welcome news after years of dwindling federal attention to the bilateral relationship.
March 15, 2021, 12 AM MDT
The Saskatchewan government announced $500,000 to support innovative research and technology applied to measuring gas volumes and monitoring emissions in the oil and gas sector.
March 15, 2021, 9:56 AM MDT
Bonterra Energy Corp.’s 2020 production averaged10,575 boe/d, reflecting modest capital spending during the year coupled with 875 boe/d of shut-in production volumes related to facility maintenance and low commodity prices.
March 15, 2021, 6:25 AM MDT
Tourmaline Oil Corp. continues to actively progress and enhance its various sustainability and environmental initiatives and they will only continue to increase going forward, says president and CEO Mike Rose.
March 12, 2021, 12 AM MST
Crew Energy Inc. says it is the first Canadian energy producer to receive regulatory approval from the BC Oil and Gas Commission (OGC) for the installation and operation of a next-generation, spoolable surface pipeline for produced water transfer.
March 12, 2021, 12 AM MST
Tidewater Midstream and Infrastructure Ltd.’s focus over the next 12 months is to employ the related cash flow generated from its 2019 large, completed capital projects and Prince George Refinery (PGR), as well as proceeds from the Pioneer transaction, towards deleveraging.
March 12, 2021, 12 AM MST
Kinder Morgan, Inc. has formed a new energy transition ventures group to identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition.
March 12, 2021, 11:11 AM MST
Canada’s oil and gas industry faced a number of major disruptions in 2020.
March 11, 2021, 8:33 AM MST
Pipestone Energy Corp. has modified its three-year development plan to reflect the improvements in WTI futures prices and a stronger medium-term fundamental outlook for crude oil, including jump in expected spending for 2021.
March 11, 2021, 6:36 AM MST
March 10, 2021, 7:56 AM MST
Enhance Energy Inc. says it has captured and sequestered one million tonnes of carbon dioxide.
March 9, 2021, 10:33 AM MST
Alberta Innovates and the Clean Resource Innovation Network (CRIN) have completed Phase I of the Carbon Fibre Grand Challenge and are launching Phase II.
March 9, 2021, 2:08 PM MST
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