Gibson Energy Inc. is positioned for “ESG-minded investors,” says top brass, as the company says it has the lowest carbon intensity amongst peers, while it also takes steps to achieve strong environmental, social and governance (ESG) ratings.
November 2, 2021, 11:16 AM MDT
CDN Controls Ltd. has completed an acquisition/merger with Inphase Electric and Controls.
November 2, 2021, 12:13 PM MDT
Despite significantly improved third quarter results, Calfrac Well Services Ltd. continues to focus on getting higher prices for its services and improved utilization of its equipment in a drive to return to profitability, company president and chief operating officer Lindsay Link told analysts during a conference call Tuesday.
November 2, 2021, 12:33 PM MDT
SECURE Energy Services Inc. expects its 2022 sustaining capital spending will come to about $40 million, according to the third quarter financial and operational results, while additional sustaining capital related to landfill expansions comes to roughly $15 million, which assumes growth from industry activity levels.
November 1, 2021, 12:51 PM MDT
CWC Energy Services Corp. reported a strong start to Q4 2021 with both the number of drilling rigs and service rigs back to the peak activity levels experienced this past winter in Q1 2021.
October 29, 2021, 8:31 AM MDT
Canada’s oil and gas industry remains committed to meaningful dialogue and developing respectful relationships with Indigenous communities, creating mutual benefits from resource development, and pathways to prosperity that support reconciliation, says a newly-released Canadian Association of Petroleum Producers (CAPP) report.
October 28, 2021, 10:23 AM MDT
Trican Well Service Ltd. remains keenly focused on retaining existing staff and attracting new talent as labour availability continues to be a top focus for all oilfield service providers, says management.
October 27, 2021, 8:25 AM MDT
In its first comprehensive ESG report, Deep Basin natural gas producer Peyto Exploration & Development Corp. has set new short-term targets for environmental performance in its environment, social and governance reporting.
October 26, 2021, 6 AM MDT
Eni and Royal Dutch Shell plc have been the most active among traditional oil and gas producers when it comes to green energy sector dealmaking in 2021, according to a new report from Evaluate Energy.
October 26, 2021, 6 AM MDT
TC Energy Corporation has released its 2021 Report on Sustainability, ESG Data Sheet and GHG Emissions Reduction Plan.
October 26, 2021, 7:01 AM MDT
During Q3 2021, third-party operators were active across Western Canada and on PrairieSky Royalty Ltd.’s royalty lands with 193 wells spud (98 per cent oil).
October 25, 2021, 3 PM MDT
As one of its three strategic priorities identified for 2021, Precision Drilling Corporation says it continues to enhance its environmental, social and governance (ESG) efforts through the deployment of environmental solutions focused on emissions reduction products and services.
October 22, 2021, 10:02 AM MDT
Unlike a direct grant program, an RStar program being touted for well clean-up would not require direct outlay of cash from government, it would be applied fairly across all licencees, and it potentially would allow for new financing towards wellsite reclamation in Alberta on the basis of it being an environmental, social and governance (ESG) investment, say pilot project proponents.
October 22, 2021, 6 AM MDT
The oil and gas industry of today is nothing like the oil and gas industry of 15 years ago, which was dramatically different than the one of 30 years ago. Technological change is a constant in oil and gas and few industries are as quick to follow and reward successful innovators.
October 22, 2021, 6 AM MDT
We are in the midst of an energy system transformation, one requiring major social, cultural, technological, and economic shifts. Addressing climate change while providing reliable, affordable, and responsible sources of energy the world needs is a critical challenge.
October 21, 2021, 6 AM MDT
I believe the answer to Net Zero is in the idea of a circular economy. We can use a lot of the same technologies to reduce emissions from production of the oilsands for the consumption side too. Already there is a circular economy building around emissions. With carbon as a feedstock we wouldn’t treat carbon as a waste disposal problem; it would become a valuable product to make things from. The Three Rs are the path to sustainability: reduce, reuse, return all of our emissions.
October 20, 2021, 6 AM MDT
As major players within the energy sector have claimed to start the official shift towards green and responsible energy production, many debates have begun surrounding clean-up, reliable extraction, sustainability and ESG (environmental, social, governance) strategies. Significantly, the discussion continues on the cost efficiency of environmental project management during each phase and the tools required to preserve nature and perform reclamation/remediation procedures.
October 20, 2021, 7:58 AM MDT
Pembina Pipeline Corporation aims to reduce the its greenhouse gas (GHG) emissions intensity by 30 per cent by 2030, relative to baseline 2019 emissions.
October 20, 2021, 7:57 AM MDT
Trican Well Service Ltd. released its 2020 environmental, social and governance (ESG) sustainability report.
October 20, 2021, 8:09 AM MDT
Trican Well Service Ltd. anticipates 11 Tier-2 diesel-powered fracturing pumps, refurbished with Tier-4 dual-fuel engines (and equipped with automated idle reduction technology), will be available for operations in the fourth quarter.
October 20, 2021, 11 AM MDT
For hundreds of thousands of Canadians, the transition towards a low-carbon economy is set to be incredibly difficult. The transition is predicted to result in a loss of between 312,000 and 450,000 jobs among workers employed by or providing support to the oil and gas sector and its supply chain.
October 18, 2021, 6 AM MDT
Gibson Energy Inc. reports it has received the top “AAA” rating from MSCI ESG Ratings, being only one of three companies globally in the Oil & Gas Refining, Marketing, Transportation & Storage industry and the only company in North America in that industry, to receive this leadership rating.
October 14, 2021, 8:40 AM MDT
Vermilion Energy Inc. says it has achieved certification under the EO100 Standard for Responsible Energy Development (2017) from Equitable Origin for three of its natural gas production sites in west-central Alberta: Granada, Eta Lake and Carrot Creek.
October 14, 2021, 8:17 AM MDT
AiM today announced that it has achieved net-zero greenhouse gas emissions throughout the company’s business operations.
October 14, 2021, 10:13 AM MDT
The recent surge of focus on environmental, social and governance (ESG) matters by investors and other affected stakeholders has only been intensified by current public health, economic and societal crises.
October 13, 2021, 6 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.