Today, we feature the Energy Excellence Awards Champion in Innovation & Technology Excellence in the subcategory of Production: General Energy Recovery Inc. (GERI).
May 22, 2020, 6:33 AM MDT
May 11, 2020, 7:52 AM MDT
Heavy oil is expected to lead the way as refinery demand gradually picks up in the United States Midwest and other regions later this year and refineries look to take advantage of available capacity on the Canadian Mainline, the chief executive of Enbridge Inc. said Thursday.
May 8, 2020, 12 AM MDT
Baytex Energy Corp. has signed a strategic land agreement with the Peavine Metis settlement in the Peace River area that covers 60 sections of land south of its existing Seal operations.
May 8, 2020, 11:05 AM MDT
May 8, 2020, 8:08 AM MDT
As a result of the current weakness and uncertainty in the price of oil, starting in April Gear Energy Ltd. chose to shut-in the majority of its production and immediately pursue reductions to the variable costs of the business in an effort to maximize funds from operations.
May 7, 2020, 1:53 PM MDT
May 5, 2020, 7:58 AM MDT
May 5, 2020, 8:31 AM MDT
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry. Today, we feature the best in Innovation and Technology Excellence in the subcategory of Production.
May 1, 2020, 6 AM MDT
Husky Energy Inc.’s top executive says the company continues to take the needed steps to navigate through the current treacherous industry conditions but warns that an economic recovery and a rebound for the energy sector won’t be happening anytime soon.
April 29, 2020, 10:34 AM MDT
In response to the decrease in oil prices, Razor Energy Corp. has shut in all of its operated heavy oil production, along with certain light oil wells which are sub-economic at current prices.
April 29, 2020, 12 AM MDT
The scares of the duo-threat of COVID-19 and the current price war is dynamic and industry-wide, but junior and smaller intermediate companies in Canada’s oilpatch are more vulnerable than their larger brethren.
April 1, 2020, 9:22 AM MDT
April 1, 2020, 11:54 AM MDT
What had been a global surplus of crude oil is going to become much more local as United States Gulf Coast refineries cut gasoline and jet fuel runs, reducing demand for Canadian crude, a market analyst is warning.
March 31, 2020, 10:10 AM MDT
Citing the need to preserve financial liquidity, Baytex Energy Corp. says it is reducing its 2020 capital budget by 50 per cent at the midpoint to between $260 million and $290 million, from the original $500 million to $575 million announced in December 2019.
March 19, 2020, 6:45 AM MDT
Responding to customer demand, Seaway Crude Pipeline Company LLC is going back and amending transportation service agreements (TSA) to include heavy crude in an open season for firm service on an expansion of its existing system, an Enbridge Inc. executive said Friday.
February 18, 2020, 6:57 AM MST
February 14, 2020, 8:16 AM MST
February 13, 2020, 7:48 AM MST
International Petroleum Corporation says it plans to look at a facility expansion at its Onion Lake, Saskatchewan thermal project to accelerate production to 16,000 bbls/d and then proceed to drill sustaining well pads over 20 plus years.
February 12, 2020, 7:04 AM MST
International Petroleum Corporation says it plans to spend US$93 million (62 per cent) of its $149 million 2020 capital budget in Canada.
February 11, 2020, 11:14 AM MST
Precision Drilling Corporation is planning for a bearish year, says top brass, even if that scenario does not unfold this year.
February 5, 2020, 9:20 AM MST
Cona Resources Ltd. completed its acquisition of Pengrowth Energy Corporation for approximately C$740 million.
January 7, 2020, 6:58 AM MST
Canada’s Oil Sands Innovation Alliance (COSIA) is reaching out to innovators and technology developers in Alberta, across Canada, and around the world to help it find solutions for a set of more than 60 specific environmental needs related to water, land, tailings and greenhouse gas emissions (GHGs).
December 13, 2019, 8:09 AM MST
Canada’s Oil Sands Innovation Alliance (COSIA) is reaching out to innovators and technology developers in Alberta, across Canada, and around the world to help it find solutions for a set of more than 60 specific environmental needs related to water, land, tailings and greenhouse gas emissions (GHGs).
December 12, 2019, 6 AM MST
Husky Energy Inc. says it plans capital spending of $3.2 billion to $3.4 billion for 2020, a reduction of $100 million from earlier guidance as it allocates less capital for Western Canada natural gas and conventional heavy oil.
December 2, 2019, 11:44 AM MST