While the hydrogen economy can play a vital role in Canada’s pursuit of decarbonization, it needs the talent and training to make it go.
July 19, 2022, 12 AM MDT
Total oil volumes from non-OPEC+ countries rose by 350,000 bbls/d in June to 47.9 million bbls/d, thanks to increased output from the U.S. and Canada and seasonally higher biofuels production, the International Energy Agency (IEA) stated in its monthly oil report for July.
July 13, 2022, 12 AM MDT
Shareholders of U.S and Canadian oil and gas producers continue to benefit from record levels of free cash flow across the upstream sector.
July 12, 2022, 12 AM MDT
A new report builds the case that it makes sense for Canada’s second hydrogen hub to set up near Medicine Hat.
July 8, 2022, 10:49 AM MDT
The province sold 22,700 hectares of P&NG leases and licenses bringing in $9.61 million in the June 29 land sale. Additionally, 704 hectares of oilsands leases sold for 268,000 in this sale.
July 7, 2022, 2:11 PM MDT
A significant leap in operating cash flow in Q1 2022 allowed oil and gas producers across the U.S. and Canada to enjoy record levels of free cash flow — again.
July 6, 2022, 12 AM MDT
Higher oil and gas prices, coupled with new players with new development ideas, are driving renewed interest in the Duvernay shale.
July 5, 2022, 6 AM MDT
Current red tape faced by industry is limiting its ability to meet government-imposed emissions reductions targets, says a new report.
June 23, 2022, 12 AM MDT
Canadian oil supply is expected to top six million bbls/d in 2023, with output climbing in the back half of 2022 and into the new year, the International Energy Agency (IEA) reported in its June Oil Market Report.
June 15, 2022, 12 AM MDT
At all levels, Canadian governments should pay attention to ESG matters, which intersect with the duties to protect people, society and the environment, while also influencing business and investment attraction, as well as impacting a government’s credit rating and borrowing costs, says a newly-released Canada West Foundation (CWF) report.
June 2, 2022, 6 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
The Alberta Energy Regulator (AER) says demand for diluents means pentanes-plus production is projected to grow over a forecast period to 2031, reaching a high of 483,000 bbls/d by 2031 as producers continue targeting the liquids-rich Montney, Upper Mannville and Duvernay formations.
June 1, 2022, 7:27 AM MDT
After encountering significant challenges due to the global COVID-19 pandemic in 2020, the oil and gas industry in Alberta rebounded in 2021 and that momentum will continue this year, says the Alberta Energy Regulator (AER) in its ST98: Alberta Energy Outlook released Monday.
May 31, 2022, 4:41 AM 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
In partnership with British Columbia's newly established B.C. Hydrogen Office, the B.C. Centre for Innovation and Clean Energy (CICE) is leading a collaborative effort to creating a blueprint for B.C.'s emerging clean hydrogen sector.
May 26, 2022, 12 AM MDT
Low capital spending throughout the pandemic did not stop North American producers from maintaining their oil and gas reserve positions.
May 12, 2022, 6 AM MDT
Second-half supply growth will help to push up Canadian oil production for 2022, the International Energy Agency (IEA) noted this morning.
May 12, 2022, 12 AM MDT
May 12, 2022, 9:05 AM MDT
Agreeing on M&A deals has proven to be difficult for E&P companies in early 2022.
April 27, 2022, 6 AM MDT
New findings from BDO LLP reveal a disconnect between natural resource industries, such as oil and gas, and the next generation of workers.
April 25, 2022, 6 AM MDT
The International Energy Agency (IEA) expects Canadian oil supply growth in the back half of 2022.
April 13, 2022, 12 AM MDT
Severe new lockdown measures amid surging COVID cases in China have led to a “downward revision” in the International Energy Agency’s (IEA) expectations for global oil demand in the second quarter of 2022 and for the year as a whole.
April 13, 2022, 12 AM MDT
Many people employed in Canada’s oil and gas sector can have a vital role in the energy transition, according to the authors of a new report.
March 30, 2022, 2:55 PM MDT
LG Energy Solution Ltd. and Stellantis NV announced plans recently to build Ontario’s first large-scale electric vehicle (EV) battery manufacturing plant in Windsor, which should come as welcomed news for proponents of lithium production in Western Canada, says Adam Leece.
March 28, 2022, 12 AM MDT
The Saskatchewan government announced $300,000 in funding for the Saskatchewan First Nations Natural Resource Centre of Excellence (COE) to support two projects to help advance the growth plan goal of growing Indigenous participation in the province's natural resource sector.
March 28, 2022, 10:26 AM MDT