November 16, 2021, 9:40 AM MST
November 15, 2021, 11:33 AM MST
November 15, 2021, 7:25 AM MST
November 12, 2021, 6:29 AM MST
With winter fast approaching and demand about to increase, Peyto Exploration & Development Corp. says strong natural gas prices in North America, a steady stream of drilling and the company’s growing production will continue to drive strong financial and operational results.
November 10, 2021, 2:28 PM MST
After posting strong third quarter operational and financial results, MEG Energy Corp. has lifted its full-year 2021 production guidance for the third time this year.
November 9, 2021, 9:42 AM MST
MEG Energy Corp. says it continues to monitor some inflationary pressures on supplies, services and labour and has taken steps to mitigate the impact on its operations.
November 9, 2021, 3:42 PM MST
Pine Cliff Energy Ltd.’s board of directors has approved a $8.5 million increase in the 2021 capital budget to $21.5 million.
November 5, 2021, 4:59 AM MDT
November 5, 2021, 7:33 AM MDT
Gear Energy Ltd.’s funds from operations for the third quarter of 2021 was $16.0 million, an increase of 31 per cent from the second quarter of 2021 as a result of higher commodity prices and increased production.
November 3, 2021, 2:59 PM MDT
In Alberta, physical markets and regional benchmark prices (WCS) have improved with higher WTI prices. Athabasca Oil Corporation expects current WCS differentials to remain stable with muted industry growth and improving basin egress, including the recently completed Enbridge Inc. Line 3 replacement.
November 3, 2021, 3:34 PM MDT
International Petroleum Corporation says third quarter net production from its Canadian assets was above the high end of guidance at 39,600 boe/d with continued strong performance and high production uptime at all the oil and gas producing assets.
November 2, 2021, 10:10 AM MDT
With the latest heating season in North America getting underway, the natural gas industry in Canada, the United States, and even globally, is experiencing a gas price surge and price levels unlike any that have been seen for many years.
November 1, 2021, 6 AM MDT
Higher natural gas prices are having only a “modest” impact on Imperial Oil Limited’s refinery and oilsands operations, says the company’s president and CEO Brad Corson.
November 1, 2021, 10:43 AM MDT
While commodity prices were strong in October, rig activity in Western Canada remained steady through the month.
November 1, 2021, 9:05 AM MDT
November 1, 2021, 10:06 AM MDT
Suncor Energy Inc. downstream segment had a strong third quarter as a massive turnaround program positioned it well to cash in on surging crude prices and a recovery in demand for refined products.
October 29, 2021, 6:21 AM MDT
October 29, 2021, 6 AM MDT
October 26, 2021, 10:59 AM MDT
October 25, 2021, 12 AM MDT
October 22, 2021, 10:49 AM MDT
Competition to be one of the last major oil producers standing in a net zero world is bound to be extremely intense. And based on economics alone, Canada doesn’t stand a chance. But economics has rarely been the sole driver for oil markets, with politics and political instability in and among major oil producers normally playing even a greater role in price formation, while helping to determine the winners and losers for market share.
October 21, 2021, 6 AM MDT
The strengthening of crude prices in recent weeks is likely to continue as current supply and demand fundamentals remain positive, and the price decks and outlooks of reserve evaluation firms are increasingly representative of the strong global crude market.
October 20, 2021, 12 AM MDT
October 20, 2021, 10:05 AM MDT
October 20, 2021, 12 AM MDT
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