Paramount Resources Ltd. has a long history in the Kaybob area.
September 14, 2023, 6 AM MDT
Asked about the significance of Woodfibre LNG’s third LNG offtake sales and purchase agreement with bp Gas Marketing Limited (BPGM), president Christine Kennedy says it shows how well positioned Canada and British Columbia are in terms of the energy global transition, and how important LNG is as a sector.
September 14, 2023, 12 AM MDT
A flurry of M&A activity the last three years has shifted the landscape in the Duvernay shale play in west-central Alberta, with new technical teams re-evaluating the resource and building on past efforts to create updated development schemes to economically recover the massive resource in place.
September 13, 2023, 9:26 AM MDT
ConocoPhillips advanced its LNG strategy in the first half of 2023, completing the acquisition of an equity interest in Qatar’s North Field South project and agreeing to an offtake deal with the planned Saguaro LNG export facility in Mexico.
September 13, 2023, 12 AM MDT
September 13, 2023, 12 AM MDT
September 8, 2023, 12 AM MDT
Kelt Exploration Ltd. announced new gas processing capacity acquired through various firm service arrangements that are expected to provide the company with the ability to double its current production capability over the next three years.
September 7, 2023, 6:24 AM MDT
September 7, 2023, 12 AM MDT
Although the Canadian Gas Association (CGA) is known as the “voice of Canada’s natural gas delivery industry,” the group has increasingly become an advocate for growing the nation’s liquefied natural gas industry and the upstream output needed to supply LNG.
September 6, 2023, 12 AM MDT
NGIF Capital’s (NGIF) initiatives for supporting gaseous energy cleantech startups are getting a boost from its new not-for-profit accelerator.
September 6, 2023, 7:41 AM MDT
Hammerhead Energy Inc. lifted 2023 annual average production guidance to 41,500 boe/d from the previous estimate of 40,200 boe/d.
September 6, 2023, 7:48 AM MDT
September 6, 2023, 12 AM MDT
Shortly after the massive LNG2023 conference in Vancouver wrapped up in July, Tim Egan, president and CEO of the Canadian Gas Association (CGA) wrote a letter to Prime Minister Justin Trudeau updating the Liberal leader on some of what transpired during the event, which was hosted by the CGA.
September 5, 2023, 8:46 AM MDT
Woodfibre LNG has now committed all of its offtake for sale to bp Gas Marketing Limited (BPGM), a wholly-owned indirect subsidiary of BP plc with a total firm LNG offtake of 1.95 million tonnes per annum (mtpa) and the remainder on a flexible basis.
September 5, 2023, 7:22 AM MDT
Enbridge Inc. has entered into three separate definitive agreements with Dominion Energy, Inc. to acquire EOG, Questar and PSNC for an aggregate purchase price of US$14.0 billion (C$19 billion), comprised of US$9.4 billion of cash consideration and US$4.6 billion of assumed debt, subject to customary closing adjustments.
September 5, 2023, 2:17 PM MDT
One of Western Midstream Partners, LP’s operating subsidiaries has signed an agreement to acquire Meritage Midstream Services II, LLC in an all-cash transaction for a purchase price of $885 million, subject to customary adjustments.
September 5, 2023, 6:48 AM MDT
September 5, 2023, 12 AM MDT
Venture Global LNG announced its long-term expansion plan to increase production from 70 million tonnes per annum (mtpa) to more than 100 mtpa of nameplate LNG export capacity.
September 5, 2023, 12 AM MDT
The Alberta government’s non-renewable resource revenue (NRR) for fiscal 2023-24 is now expected to be $17.67 billion, a decrease of $694 million from the Budget 2023 projection of $18.36 billion, the province said in its first quarter fiscal update this morning.
August 31, 2023, 11:13 AM MDT
August 30, 2023, 5:56 AM MDT
August 29, 2023, 8:30 AM MDT
August 25, 2023, 9:21 AM MDT
August 25, 2023, 12 AM MDT
August 25, 2023, 12 AM MDT
B.C. has seen a rapid increase in natural gas liquids (NGLs) and condensate production in the last five years, with average annual production jumping 111 per cent from 2017-2022 as Montney operators targeted more liquids-rich areas.
August 24, 2023, 12 AM MDT
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