July 11, 2022, 10:36 AM MDT
Asian spot LNG prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance.
July 8, 2022, 10:04 AM MDT
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June 6, 2022, 12 AM MDT
The number of new Alberta natural gas wells placed on production in 2021 increased by 34 per cent year-over-year to 789 as strong prices and increased demand resulted in a solid growth in capital spending on natural gas and liquids-rich targets, says the Alberta Energy Regulator (AER).
June 1, 2022, 12 AM MDT
June 1, 2022, 1:46 PM 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
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May 9, 2022, 12 AM MDT
ARC Resources Ltd.’s May 2021 acquisition of Seven Generations Energy Ltd. continues to pay off as the company was able to push production levels, free cash flow generation and returns to shareholders higher in the first quarter.
May 6, 2022, 9:48 AM MDT
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