Why go abroad? As far as Jamie Somerville is concerned, for Canadian oil and gas companies, there is at least one obvious reason: Producers with international exposure tend to have better bottom lines than those who do not.
January 17, 2020, 7:38 AM MST
Canadian oil supply rose by a further 200,000 bbls/d in November, to 5.7 million bbls/d, nearing the previous year’s record highs, according to the International Energy Agency (IEA).
January 16, 2020, 7:39 AM MST
How do you build a successful international oil and gas company?
January 10, 2020, 6 AM MST
How do you build a successful international oil and gas company?
January 9, 2020, 6 AM MST
How do you build a successful international oil and gas company?
January 8, 2020, 6 AM MST
How do you build a successful international oil and gas company?
January 7, 2020, 10:40 AM MST
Global energy demand continues to increase, and natural gas is the only hydrocarbon that can easily lead to further reductions in global carbon intensity. Current technologies, investments and consumption trends suggest that natural gas will be central to any global energy transformation. Moreover, abundant gas resources remain undiscovered and liquefied natural gas (LNG)[1] will be a significant component of the global transition to a lower carbon future.
December 31, 2019, 8:21 AM MST
Natural environmental processes—not upstream energy projects such as the oilsands—are the primary cause of changing flood patterns in Alberta’s Athabasca Delta, new research shows.
December 18, 2019, 9:06 AM MST
It’s unlikely the project list for the federal government’s new Impact Assessment Act will be a “disabler” of new major infrastructure projects, especially oil and gas pipelines, a new study has concluded.
December 17, 2019, 9:07 AM MST
Canadian exploration and production capital expenditures in 2020 for large cap companies are generally expected to be flat year-over-year, while their American counterparts are expected to spend less.
December 17, 2019, 6 AM MST
NOVA Gas Transmission Ltd. (NGTL) in its 2019 annual plan filed with the Canada Energy Regulator (CER) has identified 10 facilities on which it is proposing to spend a total of $1.445 billion with target in-service dates in November 2022 and April 2023.
December 17, 2019, 1:33 PM MST
In the decade since Parex Resources began operations in Colombia, the Calgary-based company has seen its production jump from zero to average around 52,000 boe/d and 2P reserves climb from zero to 186 million boe.
December 17, 2019, 6 AM MST
In the decade since Parex Resources began operations in Colombia, the Calgary-based company has seen its production jump from zero to average around 52,000 boe/d and 2P reserves climb from zero to 186 million boe. Market capitalization has seen a similar ascent, rising from $175 million to around $3 billion.
December 16, 2019, 9:34 AM MST
Canada’s oil and gas industry has a wealth of expertise that could be used by exploration and production companies to enter or diversify into international markets, according to a new report commissioned by the Canadian Global Exploration Forum (CGEF).
December 13, 2019, 8:15 AM MST
Canada’s oil and gas industry has a wealth of expertise that could be used by exploration and production companies to enter or diversify into international markets, according to a new report commissioned by the Canadian Global Exploration Forum (CGEF).
December 12, 2019, 6 AM MST
Canadian oil supply rose by 140,000 bbls/d in October, as higher offshore production more than offset a decline in oilsands output, but it declined from a year ago, according to the International Energy Agency (IEA).
December 12, 2019, 8:18 AM MST
Geoscience BC will be supporting a series of four new research projects to generate new public science about the relationship between earthquakes and natural gas development.
December 12, 2019, 9:59 AM MST
Canada’s oil and gas industry has a wealth of expertise that could be used by exploration and production companies to enter or diversify into international markets, according to a new report commissioned by the Canadian Global Exploration Forum (CGEF).
December 11, 2019, 6 AM MST
Canada’s oil and gas industry has a wealth of expertise that could be used by exploration and production companies to enter or diversify into international markets, according to a new report commissioned by the Canadian Global Exploration Forum (CGEF).
December 10, 2019, 6 AM MST
While average annual end-use energy demand in the residential, commercial, and industrial sectors is projected to grow moderately from now until 2040, a new long-term energy outlook from the Canada Energy Regulator (CER) shows a decline in transportation sector demand.
December 4, 2019, 8:36 AM MST
The Alberta government will need to address its regulatory and legislative barriers if it wants to encourage partial upgrading oilsands bitumen as a way to bolster the economy and alleviate oil pipeline bottlenecks, says a new study.
December 4, 2019, 11:20 AM MST
Canadian energy use will grow by less than five per cent from 2018 to 2040, due in part to improving energy efficiency, while Canadians will use more natural gas and renewables and less oil and coal, says a new long-term energy outlook from the Canada Energy Regulator (CER).
December 3, 2019, 10:52 AM MST
Reaching Canada’s emission targets requires more stringent climate policies than are currently being enforced, says Canada’s Ecofiscal Commission, with increased carbon pricing as the commission’s preferred method.
November 29, 2019, 7:51 AM MST
Global oil demand growth will be pinched post-2030 and shale output from the United States is set to stay higher for longer than previously projected, reshaping global markets, trade flows and security, the International Energy Agency (IEA) says in its World Energy Outlook 2019.
November 13, 2019, 9:56 AM MST
Over the next two decades, global demand for natural gas grows more than four times faster than demand for oil, the International Energy Agency (IEA) says in its World Energy Outlook 2019
November 13, 2019, 11:39 AM MST