September 22, 2023, 9:40 AM MDT
September 15, 2023, 10:55 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 29, 2023, 8:30 AM MDT
August 25, 2023, 9:21 AM MDT
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August 11, 2023, 9:54 AM MDT
Peyto Exploration & Development Corp.’s hedging and market diversification program limited the impact of lower commodity prices in the second quarter of 2023, resulting in the company posting positive financial results.
August 10, 2023, 7:32 AM MDT
NuVista Energy Ltd. produced an average of 71,029 boe/d in the quarter, in line with guidance of 71,000 boe/d following the impact of the wildfires in the Grande Prairie region of Alberta.
August 9, 2023, 6:12 AM MDT
August 4, 2023, 9:25 AM MDT
Tourmaline Oil Corp. has joined Rockies LNG Partners, the exploration and production company shared in a release detailing its results from last quarter.
August 3, 2023, 10:50 AM MDT
Vermilion Energy Inc. saw its international operations output rise by 30 per cent in the second quarter, thanks to robust activity and good prices in Europe and despite the shutdown of its Wandoo platform in Australia taking longer than expected.
August 3, 2023, 2:53 PM MDT
In anticipation of an active industry pipeline maintenance season in British Columbia, Kelt Exploration Ltd. has shifted its Station 2 gas sales exposure this summer to the ACE Chicago gas hub.
August 3, 2023, 5:53 AM MDT
Canadian Natural Resources Limited says the outlook for western Canadian crude producers remains “constructive” and is set up well going into 2024 as the Trans Mountain expansion project is expected to call for line fill in the coming months.
August 3, 2023, 3:57 PM MDT
August 3, 2023, 9:39 AM MDT
Despite oilsands producers’ increasing production in recent weeks as turnarounds are now in the rearview mirror, Cenovus Energy Inc. has a positive outlook on light-heavy differentials as egress out of Alberta is not the issue it was in recent years.
July 28, 2023, 12 AM MDT
MEG Energy Corp.’s president and CEO says the heavy oil pricing differential likely has widened about as much as it’s going to for the remainder of 2023.
July 28, 2023, 7:26 AM MDT
July 28, 2023, 8:14 AM MDT
Athabasca Oil Corporation pointed to a mix of factors that should keep Western Canadian Select (WCS) prices in a strong position in the second half of 2023 and into 2024.
July 26, 2023, 3:21 PM MDT
The recent widening of the West Texas Intermediate (WTI) and Western Canadian Select (WCS) spread in the last few weeks from low US$10 range to around $15 seems to be the result of a somewhat typical supply-demand market response, says Martin King, senior analyst with RBN Energy, LLC.
July 24, 2023, 10:09 AM MDT
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July 14, 2023, 10:59 AM MDT