Crescent Point Energy Corp. has achieved better-than-expected production from its first fully operated pad in the Kaybob Duvernay, while also reducing drilling days and overall well costs compared to initial expectations.
May 12, 2022, 11:24 AM MDT
Total Energy Services Inc. still has work to do across all its divisions to return the business to more sustainable margins, says executive management, especially given the current state of commodity prices.
May 12, 2022, 1:14 PM MDT
Total Energy Services Inc. experienced strongly improved industry conditions in North America and Australia for Q1 2022 when compared to the same period last year, which is reflected in the company’s financial results.
May 12, 2022, 5:11 AM MDT
In response to the higher activity expectations, STEP Energy Services Ltd.’s board of directors has approved an increase of $8.3 million to the 2022 capital program, increasing it to $56.0 million.
May 12, 2022, 7:26 AM MDT
Ovintiv Inc. is “actively looking” at commercial opportunities for its gas that includes LNG, says the company’s chief executive.
May 11, 2022, 9:45 AM MDT
May 11, 2022, 8:52 AM MDT
May 11, 2022, 5:59 AM MDT
Venture Global LNG and PETRONAS LNG Ltd., a subsidiary of PETRONAS, announced the execution of a new 20-year sales and purchase agreement (SPA) for the purchase of one million tonnes per annum (mtpa) of LNG from Venture Global's Plaquemines LNG facility.
May 11, 2022, 12 AM MDT
Ensign Energy Services Inc. posted a 34 per cent year-over-year increase in marketed drilling rigs in Canada last quarter.
May 10, 2022, 7:29 AM MDT
Freehold Royalties Ltd. has entered into a definitive agreement to acquire mineral title and overriding royalty interests across approximately 1,100 net royalty acres (220,000 gross acres) in core Midland basin of the Permian for US$15.5 million, before customary adjustments.
May 10, 2022, 2:38 PM MDT
Venture Global LNG announced the execution of two new long-term sales and purchase agreements (SPAs) with ExxonMobil LNG Asia Pacific (EMLAP) for the sale of two million tonnes per annum (mtpa) of liquefied natural gas (LNG).
May 10, 2022, 4:36 AM MDT
May 9, 2022, 12 AM MDT
ARC Resources Ltd.’s management group says the company’s agreement announced this week to supply natural gas for Cheniere Energy, Inc.’s Corpus Christi Stage III LNG project further enhances its already robust efforts to diversify its end markets.
May 6, 2022, 10:59 AM MDT
Enbridge Inc. and Humble Midstream, LLC announced the joint development and marketing of a low-carbon hydrogen and ammonia production and export facility which will be located at the Enbridge Ingleside Energy Center (EIEC), near Corpus Christi, Texas.
May 6, 2022, 4:56 AM MDT
Enbridge Inc. saw strong Q1 2022 results based on operational performance and utilization across each of its businesses, says executive management, as the company continues to progress on its strategic priorities during an “inflection point” in global energy markets, with growing demand and underinvestment driving higher prices.
May 6, 2022, 6:51 AM MDT
The U.S. rig count is up seven from last week to 705 with oil rigs up five to 557, gas rigs up two to 146 and miscellaneous rigs unchanged at two.
May 6, 2022, 11:08 AM MDT
Enerplus Corporation lifted its capital spending outlook for the year.
May 6, 2022, 4:42 AM MDT
May 6, 2022, 12 AM MDT
ConocoPhillips’s earnings in its Canadian segment surged in the first quarter, while production declined during the three-month period.
May 5, 2022, 6 AM MDT
First quarter revenues for NCS Multistage Holdings, Inc. were $39.1 million, an increase of 37 per cent compared to the first quarter of 2021.
May 5, 2022, 2:48 PM MDT
The U.S. Department of Energy (DOE) today announced it is initiating a long-term replenishment plan for America’s strategic petroleum reserve (SPR) to ensure that the nation’s SPR will continue to “deliver on its mission as an available resource to alleviate domestic and global crude oil supply disruptions.”
May 5, 2022, 9:37 AM MDT
May 5, 2022, 2:35 PM MDT
Cheniere Energy, Inc.’s subsidiary, Christi Liquefaction Stage III, LLC, has entered into a long-term integrated production marketing (IPM) gas supply agreement with ARC Resources U.S. Corp., a subsidiary of ARC Resources Ltd.
May 4, 2022, 6:03 AM MDT
At a time when many European nations are trying to secure energy away from Russian sources, Cheniere Energy Inc. is further enabling Canadian natural gas to reach international markets thanks to a newly-announced integrated production marketing (IPM) gas supply agreement with ARC Resources Ltd.
May 4, 2022, 11:24 AM MDT
May 4, 2022, 9:07 AM MDT