The CanOils Consolidated Crude Index (CCI) that provides pricing information for Canadian crude will be discontinued on March 31, 2023.
March 31, 2023, 6 AM MDT
March 31, 2023, 9:52 AM MDT
March 31, 2023, 12 AM MDT
The CanOils Consolidated Crude Index (CCI) that provides pricing information for Canadian crude will be discontinued on March 31, 2023.
March 30, 2023, 12 AM MDT
While the current and persistent weakness in North American natural gas prices continues, top executives in both the western Canadian exploration and production (E&P) and service sector spaces remain confident on the outlook for the commodity.
March 27, 2023, 6 AM MDT
Saskatchewan's oil well drilling and production continues to grow back to pre-pandemic levels, the government reported in its annual budget tabled this week.
March 24, 2023, 9:37 AM MDT
March 24, 2023, 10:11 AM MDT
March 23, 2023, 12 AM MDT
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
March 22, 2023, 12 AM MDT
March 17, 2023, 9:22 AM MDT
March 16, 2023, 12 AM MDT
March 15, 2023, 9:59 AM MDT
March 14, 2023, 10:39 AM MDT
March 13, 2023, 9:35 AM MDT
March 10, 2023, 7:10 AM MST
Kelt Exploration Ltd. has reduced its 2023 capital expenditure program to $285.0 million, down from $310.0 million in its previous guidance.
March 3, 2023, 7:01 AM MST
March 3, 2023, 8:51 AM MST
Given the current and prolonged weakness in prices, Canadian Natural Resources Limited could look to reduce activity on its natural gas asset base as 2023 unfolds.
March 2, 2023, 2:42 PM MST
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
After setting a quarterly production record in Q4 of 110,805 bbls/d, MEG Energy Corp. officials say there’s room to add volumes from the company’s Christina Lake asset at a slow and steady pace going forward.
March 1, 2023, 12 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
The spread between West Texas Intermediate (WTI) and Western Canadian Select (WCS) oil prices is expected to narrow as factors that weighed on the differential in late 2022 dissipate and additional pipeline capacity comes online later this year, the Alberta government noted in its budget tabled on Feb. 28.
February 28, 2023, 3:19 PM MST
Bitumen royalties are estimated at $12.6 billion in 2023/24, $6.2 billion less than in 2022/23, due primarily to the lower oil price forecast.
February 28, 2023, 3:20 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
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