Focusing on environment, social and governance (ESG) efforts could be a differentiator when it comes to securing new contracts or customers for oilfield services.
September 13, 2021, 6 AM MDT
September 3, 2021, 9:50 AM MDT
A consortium of energy and commodities market participants has collaborated to execute the first-ever Responsibly Sourced Gas (RSG) supply agreement to use the Xpansiv Digital Fuels Registry to validate and register the gas’s origin, energy content and methane intensity, all derived from independent data source
September 2, 2021, 6 AM MDT
Pacific Canbriam Energy Limited says it has become the second natural gas producer in Canada to achieve an EO100 Standard Certification from Equitable Origin.
September 1, 2021, 8:04 AM MDT
CDN Controls Ltd. is launching the CDN Emerging Leaders Program in partnership with Aseniwuche Winewak Nation (AWN) and Southern Alberta Institute of Technology (SAIT), along with the support of multiple industry partners, including producers and midstreamers.
August 27, 2021, 6 AM MDT
Investors, communities and stakeholders are pressuring companies of all sizes to act on the environmental and social aspects of their performance.
August 26, 2021, 6 AM MDT
For oilfield services, focusing on environment, social and governance (ESG) efforts could be a differentiator when it comes to securing new contracts or customers.
August 25, 2021, 6 AM MDT
August 25, 2021, 12 AM MDT
Environmental, social, and governance (ESG) factors are rapidly being integrated into corporate financial risk management as investors, regulators and the public look for operators to better understand and manage non-traditional risks to their company’s long-term sustainability.
August 24, 2021, 6 AM MDT
The 2021 Top Operators Report looks back at how Canada’s oil and gas leaders pivoted to meet the challenges of 2020, and how they are positioning their organizations for future success.
August 19, 2021, 6 AM MDT
Surge Energy Inc. has completed the previously announced acquisition of Astra Oil Corp.
August 18, 2021, 9:26 AM MDT
Ensign Energy Services Inc.’s COO says the “developing trend” of clients seeking emissions reduction solutions has moved “from a notion to a reality.”
August 9, 2021, 6:38 AM MDT
Canadian Natural Resources Limited says it has successfully achieved its four previously issued environmental targets relating to GHG emissions intensity reductions, methane emissions reductions and reduced fresh water usage, and committed to new environmental targets.
August 6, 2021, 12 AM MDT
Headwater Exploration Inc. is increasing its capital budget to $130 million from $110 million, allowing for the acceleration of an oil processing facility.
August 6, 2021, 12 AM MDT
NuVista Energy Corp.’s Q3 accomplishments included the continued ramp-up of production in the new Pipestone North compressor station facility, the completion and start-up of six new wells, and the delivery of production and cash flow results which were ahead of expectations.
August 4, 2021, 6:38 AM MDT
North American Construction Group Ltd. began feasibility studies in Q2 2021 — establishing a project team and hiring engineering and technical experts — in order to research the potential for blending hydrogen with diesel fuels in high-horsepower combustion engines.
August 3, 2021, 9:55 AM MDT
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