Commodity prices could be significantly higher in the second half of 2020 compared to now, says Josef Schachter, with WTI exceeding US$70/bbl and potentially even higher prices going into the future.
November 15, 2019, 12 AM MST
November 15, 2019, 7:47 AM MST
Alberta Associate Minister of Natural Gas Dale Nally will travel to Japan and South Korea Nov. 15-23 to promote Alberta’s natural gas.
November 15, 2019, 12 AM MST
Birchcliff Energy Ltd. is currently in the process of finalizing its capital spending plans for 2020.
November 15, 2019, 7:33 AM MST
Crescent Point Energy Corp. has agreed to sell certain associated gas infrastructure assets in Saskatchewan to Steel Reef Infrastructure Corp. for total cash consideration of $500 million.
November 14, 2019, 3:53 PM MST
November 14, 2019, 10:23 AM MST
Tourmaline Oil Corp. has completed the transaction creating Topaz Energy Corp., a private, hybrid royalty and infrastructure company with an $800 million capitalization and aggressive long-term growth plans.
November 14, 2019, 11:06 AM MST
Tidewater Midstream and Infrastructure Ltd. says it has decided to delay the expansion at Pipestone (Pipestone Plant 2) “until further notice” and plans to deploy “limited growth capital” in 2020 and focus on optimization and small capital projects with two to three year payouts.
November 14, 2019, 10:37 AM MST
Over the next two decades, global demand for natural gas grows more than four times faster than demand for oil, the International Energy Agency (IEA) says in its World Energy Outlook 2019
November 13, 2019, 11:39 AM MST
November 13, 2019, 7:59 AM MST
The Alexis Nakota Sioux Nation (ANSN) territory has asked the Canada Energy Regulator (CER) to require NOVA Gas Transmission Ltd. (NGTL) to reroute its proposed 2021 system expansion to avoid the Little Smoky caribou range, the last remaining caribou herd in Alexis territory.
November 12, 2019, 7:54 AM MST
NOVA Gas Transmission Ltd.’s (NGTL) proposed 2021 expansion is urgently needed to respond to changing market dynamics in Saskatchewan and to ensure uninterrupted natural gas service, says Saskatchewan-based TransGas Limited.
November 12, 2019, 8:13 AM MST
High Arctic Energy Services Inc. generated eight per cent of its revenue in Q3 2019 from its operations in the U.S. — a region into which top brass could foresee continuing penetration and redeployment of Canadian rigs.
November 12, 2019, 8:05 AM MST
SemGroup Corporation enjoyed improved year-over-year segment profit in its Canadian segment for Q3 2019, which offset lower segment profits for Q3 from the company’s U.S. segments.
November 12, 2019, 2:17 PM MST
Pieridae Energy Limited appointed Rob Dargewitcz as its chief financial officer.
November 12, 2019, 7:33 AM MST
November 12, 2019, 7:12 AM MST
It seems there is opposition to all major energy projects in Canada these days. There is little consensus over energy projects and the country’s energy future in an age of climate change, of reconciliation with Indigenous peoples and of public mistrust of institutions. Debates have become increasingly polarized, partisan and parochial, and public confidence in those making decisions about energy projects is waning.
November 11, 2019, 8 AM MST
Perpetual Energy Inc. has laid off one-quarter of its workforce while downgrading its 2019 guidance, the company announced in its third quarter results release.
November 11, 2019, 9:10 AM MST
Chinook Energy Inc. has established a special committee consisting of three directors to review available strategic alternatives, the company said in its third quarter release.
November 11, 2019, 10:38 AM MST
November 11, 2019, 7:21 AM MST
November 8, 2019, 11:18 AM MST
ARC Resources Ltd. invested $161.9 million in the third quarter of 2019 to drill 26 wells (14 liquids-rich wells and 12 oil wells) and complete 29 wells.
November 8, 2019, 12 AM MST
Kelt Exploration Ltd. announced an initial capital expenditure budget of $235 million for 2020.
November 8, 2019, 6:39 AM MST
Kelt Exploration Ltd. has started development operations on its 162-section (103,955 acres) Montney land block at Wembley/Pipestone.
November 8, 2019, 6:52 AM MST
Delphi Energy Corp. plans to begin its winter capital program in December, assuming its proposed recapitalization transaction becomes effective.
November 8, 2019, 10:27 AM MST