It is far too cliché to say that the western Canadian natural gas price marker of AECO is at a crossroads as the current winter heating season is starting to wind down. Our point being, when is AECO not at a crossroads?
February 20, 2024, 6 AM MST
ARC Resources Ltd. added a fourth long term LNG supply agreement in the final quarter of 2023, with volumes contracted now approaching its target of sending 25 per cent of current production to international markets, company president and chief executive officer Terry Anderson told analysts at the company’s 2023 year-end conference call.
February 13, 2024, 8:57 AM MST
February 9, 2024, 10:36 AM MST
February 2, 2024, 4:54 AM MST
Imperial Oil Limited expects the tightening of the WTI-WCS differential witnessed since the start of 2024 to narrow further as the year unfolds and the Trans Mountain expansion project begins line fill and starts operations.
February 2, 2024, 2:11 PM MST
A confluence of factors is weighing on Henry Hub pricing, says the chief executive officer of Chevron Corporation.
February 2, 2024, 2:26 PM MST
February 2, 2024, 12 AM MST
February 2, 2024, 10:02 AM MST
February 1, 2024, 9:17 AM MST
January 29, 2024, 10:46 AM MST
January 26, 2024, 10:05 AM MST
Western Canadian operators spud slightly over 1,500 wells targeting natural gas in 2023, a 10 per cent increase over the previous year.
January 22, 2024, 7:05 AM MST
The Montney formation dominated gas drilling in 2023, representing almost two-thirds of wells drilled.
January 22, 2024, 7:09 AM MST
January 19, 2024, 12 AM MST
January 15, 2024, 9:52 AM MST
Tourmaline Oil Corp. has increased its exposure to JKM by entering into a netback agreement with Trafigura Pte Limited based on 62,500 mmbtu/d of liquified natural gas (~0.5 mtpa) for a seven-year term starting January 2027, with the potential for extension to December 2039.
January 15, 2024, 3:13 PM MST
January 12, 2024, 7:16 AM MST
January 12, 2024, 12 AM MST
January 11, 2024, 10:34 AM MST
It, quite literally, has been a rollercoaster ride as it pertains to the North American natural gas market and pricing over the last year.
January 9, 2024, 12 AM MST
January 3, 2024, 9:20 AM MST
While 2023 has been a solid year in general for Canadian heavy oil producers and Western Canadian Select (WCS) realized prices, differentials between WCS and North American benchmark West Texas Intermediate (WTI) have followed their usual volatile path.
December 20, 2023, 6 AM MST
Two respected Canadian energy industry analysts don’t expect a major bounce back for weakening oil prices given the reasons behind North American benchmark West Texas Intermediate’s (WTI) fall to a six-month low last week.
December 19, 2023, 6 AM MST
December 15, 2023, 6:27 AM MST
The addition of transportation infrastructure linking Nipisi area production to Edmonton is creating new marketing opportunities to increase the value of growing Clearwater heavy oil production.
December 13, 2023, 12 AM MST
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