Although many oilsands developers are cutting their capital budgets, projects well underway will not only survive current and expected low oil prices but will see their costs fall while smaller, nascent projects are delayed and deferred, say industry analysts.
February 4, 2015, 11:22 AM MST
While the interactions between temperature, density and acoustic wave pressure variations have been observed for centuries, Kees de Blok hopes to harness thermoacoustics for a rather unique application — potentially offsetting the need for fossil fuel consumption in oilsands operations.
February 4, 2015, 10:39 AM MST
At the Quest Carbon Capture and Storage (CCS) project, the U.S. Department of Energy and Shell Canada Energy will collaborate in field tests to validate advanced monitoring, verification and accounting (MVA) technologies for underground storage of carbon dioxide (CO2), the department announced on Wednesday.
February 4, 2015, 12:05 PM MST
Alberta’s environmental performance is not the issue holding back U.S. President Barack Obama’s approval of the Keystone XL pipeline, Premier Jim Prentice said Tuesday from Washington.
February 4, 2015, 9:07 AM MST
February 4, 2015, 11:39 AM MST
February 4, 2015, 11:35 AM MST
Just weeks after announcing the sale of its industrial division, Newalta Corporation will cut its workforce 15 per cent to improve bottom-line performance.
February 4, 2015, 9:24 AM MST
NRG Divestitures Inc. announces Grizzly Oil Sands asset sale.
February 4, 2015, 8:18 AM MST
LGX Oil + Gas Inc. is encouraged by recent completion results achieved in the Big Valley (Three Forks) formation in southern Alberta.
February 4, 2015, 8:46 AM MST
Rock Energy Inc. announced on Tuesday a $10 million bought deal financing, then later increased it to $13.2 million.
February 4, 2015, 10:08 AM MST
Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, fired its president and CEO, Dana Coffield.
February 4, 2015, 10:14 AM MST
February 4, 2015, 10:47 AM MST
Register before February 10th and receive $100 off! Use the discount code Early Bird.
February 4, 2015, 8:13 AM MST
Raging River Exploration Inc. has closed its previously announced bought deal financing.
February 4, 2015, 7:11 AM MST
Source Rock Royalties Ltd. announces that it has completed the capital call portion of its previously announced brokered private placement through Richardson GMP Limited and concurrent non-brokered private placement.
February 4, 2015, 9:48 AM MST
Black Spruce Merchant Capital Corp. has opened a new office in Edmonton, which will focus on working with oilfield services and industrials companies in the greater Edmonton area and northern Alberta region.
February 4, 2015, 10:07 AM MST
There is no other route to tight oil and shale gas profitability in the current oil price market. For that reason, the inaugural Reservoir Engineering For Unconventional Oil & Gas Congress represents a timely platform to strategize how to maximize the accuracy of EUR calculations and production forecasts and reassess all E&P asset prospects in the wake of the oil price meltdown.
February 4, 2015, 10:04 AM MST
February 4, 2015, 10:54 AM MST
February 4, 2015, 10:15 AM MST
February 4, 2015, 10:56 AM MST
Vital Energy Inc. reports that the previously announced two horizontal well locations at 2A8-15-3A2-15-18-17 W3 and 3D1-15-2D9-15-18-17 W3, in the Pennant area of southwestern Saskatchewan, have both been drilled, cased and are currently being equipped for production.
February 4, 2015, 7:21 AM MST
February 4, 2015, 12:03 PM MST
Jacynthe Côté has been appointed to the board of directors of Suncor Energy Inc., effective immediately.
February 4, 2015, 9:27 AM MST
Bernard de Combret has resigned from the board of Calvalley Petroleum Inc., effective immediately.
February 4, 2015, 9:14 AM MST
February 4, 2015, 11:36 AM MST