Pieridae Energy Limited has revised annual net operating income (NOI) and netback guidance to reflect a lower commodity price forecast for the remainder of the year and is planning to defer certain expenditures into 2024, including investigating deferral of the maintenance turnaround at Waterton, which has been reflected in revised guidance.
March 22, 2023, 5:50 AM MDT
A lack of investment in increasing oil and gas supply, combined with delays in building out renewable energy supply chains, are putting the world at risk of an energy crisis in the next decade, a panel of financial experts and oil and gas leaders said at the Society of Petroleum Engineers (SPE) Canadian Energy Technology Conference and Exhibition.
March 21, 2023, 12 AM MDT
March 21, 2023, 12 AM MDT
Tuktu Resources Ltd. entered into a purchase and sale agreement with an arm's-length publicly traded company to purchase certain natural gas assets in the southern Alberta Foothills.
March 21, 2023, 5:50 AM MDT
March 21, 2023, 12 AM MDT
Global coal demand increased in 2022 as countries looked for affordable, secure energy supply after Russian oil and gas exports were curtailed due to its Ukraine invasion.
March 20, 2023, 8:28 AM MDT
March 20, 2023, 12 AM MDT
March 17, 2023, 12 AM MDT
March 17, 2023, 9:22 AM MDT
Chevron Corporation is cementing its position in LNG markets while working with customers on a future pivot to hydrogen once transportation technology is commercially available.
March 16, 2023, 6 AM MDT
As a result of the recent weakness and volatility in natural gas prices and the potential for weakness in summer natural gas prices, Birchcliff Energy Ltd. has decided to slow the rate of its 2023 capital program by moving the drilling of nine (9.0 net) wells to Q3 2023 that were originally scheduled to be drilled in Q2 2023.
March 16, 2023, 2:36 PM MDT
March 15, 2023, 12 AM MDT
The B.C. government in April will begin consultation on its plan for a cap on oil and gas sector emissions.
March 15, 2023, 12 AM MDT
InPlay Oil Corp. reported record average annual production of 9,105 boe/d, up from 5,768 boe/d the previous year.
March 15, 2023, 6:39 AM MDT
The Haisla Nation and Pembina Pipeline Corporation announced that Cedar LNG has received its Environmental Assessment Certificate (EAC) from the B.C. Environmental Assessment Office (EAO), and has signed a memorandum of understanding (MOU) with ARC Resources Ltd. for a long-term liquefaction services agreement.
March 14, 2023, 2:42 PM MDT
Canada’s LNG operators are positioning themselves to be preferred suppliers of low-emissions, socially responsible LNG to global markets, but right now those premium markets for green LNG don’t exist, industry leaders told the Gas Processing Association of Canada (GPAC) breakfast forum in Calgary.
March 13, 2023, 12 AM MDT
March 13, 2023, 11:04 AM MDT
March 13, 2023, 7:06 AM MDT
The war in Ukraine and subsequent restrictions on Russian exports has disrupted global natural gas markets, creating yet another entry point for Canada to build out its LNG industry and meet growing demand for safe, secure energy supply, three panelists told the Gas Processing Association of Canada (GPAC) forum in Calgary this week.
March 10, 2023, 6:04 AM MST
Ensuring everyone benefits from LNG development in B.C. is a priority for the companies currently involved in planning and constructing projects, leaders from three companies told the Gas Processing Association of Canada (GPAC) breakfast forum in Calgary.
March 10, 2023, 8:28 AM MST
March 10, 2023, 7:10 AM MST
March 10, 2023, 10:26 AM MST
In addition to its already vast network that links to LNG facilities, Enbridge Inc. continues to look to expand its offerings in an effort to ensure that “North American natural gas is available to global markets,” says Cynthia Hansen, the company’s president, gas transmission and midstream.
March 9, 2023, 12 AM MST
The war in Ukraine has resulted in a structural change in global LNG markets.
March 9, 2023, 8:33 AM MST
Vermilion Energy Inc. posted a production average through its North American operations of 58,499 boe/d during the fourth quarter of 2022. This represents a two per cent rise from the previous quarter.
March 9, 2023, 3:49 PM MST
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