When it comes to its nine natural gas plants connected with an extensive pipeline network, Peyto Exploration & Development Corp.’s focus of late has been on attracting nearby third-party volumes, says the chief operating officer.
July 10, 2020, 7:20 AM MDT
While Whitecap Resources Inc. still sees light oil as its “product of choice” due to higher netbacks along with potential for secondary and tertiary recovery methodologies, top brass says natural gas shows promise as well.
July 10, 2020, 12 AM MDT
Fulfilling asset retirement obligations associated with acquisitions is very important for Spartan Delta Corp., says top brass, as the company produces more than 25,000 boe/d from recently-bought Alberta assets.
July 10, 2020, 9:17 AM MDT
July 9, 2020, 8:17 AM MDT
Citing the potential to attract $30 billion of private sector investment by 2030, the Alberta government this morning announced the Alberta Petrochemicals Incentive Program (APIP), a new 10-year grant program.
July 9, 2020, 11:45 AM MDT
Tourmaline Oil Corp.’s president and CEO made it very clear on Tuesday during a webcast conference that natural gas holds out much more hope for his company in the near future than crude, a point echoed by other executives at the event.
July 8, 2020, 12 AM MDT
July 7, 2020, 12 AM MDT
July 7, 2020, 8:41 AM MDT
Cryopeak LNG Solutions Corporation has completed the largest ever delivery of LNG by truck in the Northwest Territories, with the shipment being delivered to a power generation facility in Inuvik.
July 7, 2020, 10:26 AM MDT
July 7, 2020, 8:34 AM MDT
Enbridge Inc. says that Algonquin Gas Transmission, LLC has received approval from the Federal Energy Regulatory Commission (FERC) of its uncontested rate settlement with customers.
July 3, 2020, 12 AM MDT
Topaz Energy Corp. has completed a strategic infrastructure acquisition whereby it acquired, for cash consideration of $100 million, a 12.5 per cent working interest in Advantage Oil & Gas Ltd.'s Glacier gas plant, which has raw gas processing capacity of 400 mmcf/d and services the Montney.
July 2, 2020, 11:09 AM MDT
July 2, 2020, 8:11 AM MDT
July 2, 2020, 11:09 AM MDT
With recent improvement in oil prices supporting positive economic returns, Gear Energy Ltd. has initiated a gradual production re-start across the majority of its asset base.
July 1, 2020, 8:02 PM MDT
Alberta’s newly-announced recovery plan will create tens of thousands of jobs, making for a more productive long-term economy thanks in part to massive infrastructure projects — totalling $10 billion — that aim to immediately give people jobs building pipelines, natural gas lines, roads, bridges, overpasses, water projects, and more, announced the government.
June 29, 2020, 3:10 PM MDT
Every energy source — renewables, fossil fuel-based, or other — has significant benefits while also carrying significant costs and risks, both economic and environmental, says Brad Hayes, president of Petrel Robertson Consulting Ltd.
June 29, 2020, 7:26 AM MDT
Comparative advantages matter for Alberta as the government looks at rebuilding the provincial economy, says Blake Shaffer, assistant professor who focuses on electricity markets, climate policy and energy transitions in the department of economics and School of Public Policy at the University of Calgary.
June 29, 2020, 10:13 AM MDT
CNOOC Limited made a significant discovery of Huizhou 26-6 in the Eastern South China Sea.
June 29, 2020, 6 AM MDT
Based on its recent capacity optimization open season, TC Energy Corporation has revised in-service dates for six projects on its NOVA Gas Transmission Ltd. (NGTL) System, including the North Central Corridor expansion and the Groundbirch Mainline Loop’s Sunrise and proposed Saturn sections.
June 26, 2020, 6:14 AM MDT
June 26, 2020, 7:43 AM MDT
While natural gas producers likely will see stronger prices in 2021, the next few months will continue to be challenging as the global glut of gas continues to weigh down prices in the wake of reduced COVID demand, analysts are predicting.
June 25, 2020, 7:36 AM MDT
The development of the new LNG plants in Canada that appear most likely to proceed could create up to 8,300 jobs in the upstream sector, several thousand peak construction jobs, 1,200 or more operations positions and thousands of spin-off jobs in local communities, according to a new report.
June 25, 2020, 7:55 AM MDT
June 24, 2020, 8:13 AM MDT
The Abu Dhabi National Oil Company (ADNOC) entered into an agreement with some of the world’s leading infrastructure investors and operators, sovereign wealth and pension funds.
June 24, 2020, 12:24 PM MDT