With minimal net debt and continued strong free cash flows projected into 2023, Tourmaline Oil Corp. is keeping a close watch on M&A markets while considering a formalized share buyback program or increased dividends to return capital to shareholders, company president and chief executive officer Mike Rose told shareholders at Tourmaline’s 2022 year-end and fourth quarter conference call.
March 2, 2023, 12:31 PM MST
AltaGas Ltd. exported a “robust” 97,152 bbls/d of LPGs to Asia in the fourth quarter of 2022, including 16 fully loaded Very Large Gas Carriers (VLGC).
March 2, 2023, 5:06 AM MST
AltaGas Ltd. says the B.C. government’s deal with Blueberry River First Nations (BRFN) is a positive development for the region, and the company is poised to benefit via its existing infrastructure.
March 2, 2023, 8:52 AM MST
Describing 2022 as “an exceptional year,” for the company, president and CEO Marty Staples told analysts on Topaz Energy Corp.’s fourth quarter and year-end 2022 results conference call that acquisitions and diversification had propelled the company forward.
March 2, 2023, 7:55 AM MST
Following the transformational acquisition of Exterran Corporation, a transaction that delivered on a decade-long strategy to grow its energy infrastructure platform, Enerflex Ltd. says it is better positioned for long-term success while becoming more resilient and profitable.
March 2, 2023, 10:46 AM MST
The B.C. government is forecasting lower natural gas royalty revenue for 2023/24, with prices easing, although that’s offset by rising production.
March 1, 2023, 11:13 AM MST
Enbridge Inc. today updated its strategic priorities and financial outlook during an investor day session.
March 1, 2023, 6:36 AM MST
Global energy supply-demand fundamentals have lined up and are supportive of Enbridge Inc.’s growth strategy on the North American liquids and natural gas export fronts, the company’s top executive told the Enbridge Day: Investment Community Conference in Toronto on Wednesday.
March 1, 2023, 3:45 PM MST
Enbridge Inc.’s “four core franchises offer steady growth” and will provide the company ample running room to continue to build the business, says president and CEO Greg Ebel.
March 1, 2023, 3:57 PM MST
Strong fundamentals are expected to support natural gas prices in Western Canada, the Alberta government forecast in its annual budget tabled on Feb. 28.
February 28, 2023, 3:20 PM MST
Pembina Pipeline Corporation unveiled a new four-point strategy that it says has been tested for resilience.
February 28, 2023, 7:53 AM MST
The new B.C. government royalty regime being rolled out over the next year-and-a-half puts a significant focus on environmental, climate change and Indigenous issues, while laying out a new royalty structure that addresses modern production technologies and shifts in the production mix in the massive Montney unconventional resource play, Grant Nulle, executive director for Strategic Projects and Policy for the B.C. government, told a packed house at the recent Canadian Society for Evolving Energy (CSEE) B.C. Day event in Calgary.
February 27, 2023, 10:25 AM MST
February 27, 2023, 7:32 AM MST
In building LNG as a Canadian energy export, you need to have good established relationships, or become adept in building them on multiple fronts.
February 24, 2023, 6 AM MST
Despite recent commodity price weakness, Whitecap Resources Inc. remains bullish in its outlook for crude oil and natural gas pricing going forward.
February 24, 2023, 12 AM MST
Advantage Energy Ltd. reported record adjusted funds flow in 2022 of $517 million or $2.76/share.
February 24, 2023, 6 AM MST
February 24, 2023, 12 AM MST
February 24, 2023, 6:52 AM MST
February 24, 2023, 9:26 AM MST
When LNG Canada appointed Jason Klein as its CEO in April 2022, he was to oversee the final phases in the construction of Canada’s first LNG terminal at Kitimat, B.C. Almost a year later, he says he entered a project that was in “whirlwind” mode.
February 23, 2023, 6 AM MST
After a mild winter, the European Union is already starting to think about where its gas will come from later in the year. The bloc will be looking west, and the U.S. and Canada will be happy to gain some exposure to global LNG prices.
February 23, 2023, 6 AM MST
February 23, 2023, 8:59 AM MST
February 23, 2023, 12 AM MST
Premier Danielle Smith, who has a positive outlook on oil and gas in Alberta, sees resource development in the province blending familiar sources with less charted territory.
February 22, 2023, 5:58 AM MST
February 22, 2023, 12 AM MST
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