Addressing carbon competitiveness of western Canadian oil and gas producers, the Alberta Carbon Grid increases the longevity of assets such as those in the oilsands, which in turn provides investment certainty for midstream companies, says François Poirier, president and chief executive officer of TC Energy Corporation.
June 15, 2022, 12 AM MDT
Oil Sands Pathways to Net Zero Alliance, Canada's Oil Sands Innovation Alliance (COSIA) and the Oil Sands Community Alliance (OSCA) are combining to form the new Pathways Alliance.
June 15, 2022, 8:52 AM MDT
Here’s are biographies of the executive team who will lead the newly-formed Pathways Alliance.
June 15, 2022, 9:05 AM MDT
The Alberta Energy Regulator (AER) has received an application from Suncor Energy Inc. for an Enhanced Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH) project.
June 15, 2022, 9:17 AM MDT
Cenovus Energy Inc. has reached an agreement to purchase the remaining 50 per cent of the Sunrise oilsands project in northern Alberta from BP plc.
June 13, 2022, 4:10 AM MDT
Alberta’s oilsands operators are in it for the long haul, and the current Pathways initiative to manage greenhouse gas emissions from operations will add to the durability of the sector and ensure it remains viable as the world aims towards reaching net zero emissions by 2050, leaders from three large operators told an audience at the Global Energy Show this week.
June 10, 2022, 9:37 AM MDT
Small modular reactors may be one of the “Holy Grails” of decarbonizing upstream oilsands production, says Alex Pourbaix, president and chief executive officer, Cenovus Energy Inc.
June 9, 2022, 8:03 AM MDT
True reconciliation as part of the energy transition must recognize the emerging regulatory role of First Nations and Indigenous Canadians, says Jody Wilson-Raybould, former Minister of Justice and Attorney General of Canada.
June 8, 2022, 12 AM MDT
When setting energy policy, balance matters. While climate change considerations deserve attention, so do energy security, affordability, and reliability, said Alberta’s Energy Minister Sonya Savage.
June 8, 2022, 9:42 AM MDT
Pan Orient Energy Corp. has entered into an agreement to be acquired by a subsidiary of DIALOG Group Berhad (7277 – Bursa Malaysia) and for Pan Orient's non-Thailand business to be transferred to CanAsia Energy Corp., a new company to be owned by Pan Orient shareholders.
June 6, 2022, 7:36 AM MDT
After encountering significant challenges due to the global COVID-19 pandemic in 2020, the oil and gas industry in Alberta rebounded in 2021 and that momentum will continue this year, says the Alberta Energy Regulator (AER) in its ST98: Alberta Energy Outlook released Monday.
May 31, 2022, 4:41 AM MDT
Based on the oil price forecast, the Alberta Energy Regulator (AER) says total crude oil production in the province is expected to increase to 519,800 bbls/d by 2025 from 437,700 bbls/d in 2021 as the number of new wells placed on production “remains relatively high” over the medium term.
May 31, 2022, 10:18 AM MDT
As part of a 15 million share block trade on the TSX at a price of $21.85 per share, MEG Energy Corp. has repurchased 3.4 million shares for cancellation using the block purchase exception under its normal course issuer bid (NCIB) and other institutional shareholders have purchased the remaining shares of the block.
May 31, 2022, 9:22 AM MDT
For the short-term, Canadian producers “have some comfort” that currently there is enough oil and gas egress, says Tristan Goodman, president and chief executive officer, Explorers and Producers Association of Canada (EPAC), but that will not account for LNG growth, and long-term takeaway capacity will have to increase.
May 27, 2022, 10:11 AM MDT
Geopolitical challenges are shining a brighter light on Canada’s potential ability to help solve wide-reaching energy concerns, said Alberta Premier Jason Kenney.
May 26, 2022, 9:50 AM MDT
Canadian Natural Resources Limited has applied to the Alberta Energy Regulator (AER) to install, commission and operate a sulphur removal unit at the Kirby South Central Processing Facility and to change the operation dates of its sulphur management compliance assurance plan.
May 24, 2022, 8:58 AM MDT
May 12, 2022, 10:58 AM MDT
May 11, 2022, 12 AM MDT
Although Suncor Energy Inc.’s Q1 output was down slightly year-over-year, the company’s financial results were improved and returns to shareholders boosted on the backs of the company’s integrated business model and continued commodity price strength, says president and CEO Mark Little.
May 10, 2022, 9:46 AM MDT
In his first public comment regarding Elliott Investment Management L.P.’s call for a series of changes to Suncor Energy Inc.’s board, management and operations, the company’s top executive said he’s hopeful that pending discussions between the two sides will prove productive.
May 10, 2022, 2:14 PM MDT
May 10, 2022, 10:59 AM MDT
Alberta’s natural gas storage levels are well below average currently, says Martin King, senior analyst with RBN Energy LLC, and the situation is “actually starting to look critical” for the province.
May 10, 2022, 1:23 PM MDT
Imperial Oil Resources Limited has applied to the Alberta Energy Regulator (AER) to construct and operate a second hot lime softener sludge lagoon at the Nabiye central processing facility of the Cold Lake in situ oilsands operations.
May 10, 2022, 1:47 PM MDT
For Canadian producers, the “signals” they would probably need to see to support future growth include, in part, clarity as to where commodity prices will be longer-term, even if that does not necessarily equate to $100-per-bbl oil, says Al Monaco, president and chief executive officer for Enbridge Inc.
May 9, 2022, 10:29 AM MDT
May 9, 2022, 12 AM MDT
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