Lack of action of and tangible progress on the climate change front by Stephen Harper’s Conservative government continues to damage an already downtrodden Canadian energy sector, say the leaders of the federal NDP and Liberal parties.
September 18, 2015, 11:42 AM MDT
The Alberta Energy Regulator (AER) is seeking public feedback until Nov. 17, 2015 on its draft directive on fluid tailings management for oilsands mining projects.
September 18, 2015, 10:55 AM MDT
The Lax Kw'alaams First Nation has announced it is proceeding with a title action on Lelu Island and Flora Bank, an area of critical fisheries habitat located in the estuary of the Skeena River.
September 18, 2015, 9:20 AM MDT
Western Canadian natural gas producers have missed the boat for LNG exports, a major business conference heard on Thursday.
September 18, 2015, 11:53 AM MDT
September 18, 2015, 11:57 AM MDT
Innovative pioneers developed Alberta’s energy sector, but the price for their success has been “an era of the apathy of abundance,” says Lori Stewart, president of Nex Technologies Capital.
September 18, 2015, 9:03 AM MDT
Average prices at Alberta’s oil and gas land sales so far in 2015 sit at $178.84 per hectare, well below the full-year 2014 average price of $453.46. If the current number holds, it would be the worst per-hectare average in nearly 20 years. In 1996, the province’s land sales generated an average price of $164.16 per hectare. The previous year was even worse — the Alberta government generated an average price of $150.48 in 1995.
September 18, 2015, 8:14 AM MDT
The new SemCAMS condensate pipeline in the Duvernay is not backstopped by Shell Canada. Incorrect information appeared in Thursday’s DOB. The article has been updated to reflect this.
September 18, 2015, 7:17 AM MDT
While many observers have compared the current oil price downturn to 1986, one widely-quoted analyst disagrees.
September 18, 2015, 11:27 AM MDT
In October 2012, Kelt Exploration Ltd. was formed in a spin-off after ExxonMobil acquired Celtic Exploration Ltd. Its growth in production since that time has been impressive. The operational base is now very robust, but Q2 2015 results do highlight an increase in operational expenses caused by the growth strategy based around acquisitions employed by Kelt since the start of 2014.
September 18, 2015, 7:43 AM MDT
On Location in Vegreville and online at www.energyauctions.ca
September 18, 2015, 6 AM MDT
The Mexican government learned from the mistakes it made in the first phase of its move to open up the country’s oil and gas industry to private sector competition and dozens of companies will be taking part in the next two phases, say two Houston-based analysts.
September 18, 2015, 7:18 AM MDT
September 18, 2015, 10:20 AM MDT
Latest analysis of Evaluate Energy data by the U.S.Energy Information Administration reveals that U.S. onshore oil companies had to lean more on their operating cash flow to service their debt in Q2 2015 than at any time in the previous 13 quarters.
September 18, 2015, 10:08 AM MDT
High debt levels and lower than expected production from its Little Bow alkaline surfactant polymer (ASP) tertiary recovery project in southern Alberta prompted Zargon Oil & Gas Ltd., to conduct a strategic review in August 2015.
September 18, 2015, 9:41 AM MDT
Twin Butte Energy Ltd.'s priorities for the balance of the year are to remain disciplined and invest only in wells that meet its stringent guidelines: a two-to-one recycle ratio and a sub-one-and-a-half year payout on strip prices, its chief executive said Thursday.
September 18, 2015, 10:02 AM MDT
Focused operations, increased efficiencies and owner/operator facilities have all contributed to Bonavista Energy Corporation’s ability to operate profitably in a world of low natural gas prices, an investor conference heard this week.
September 18, 2015, 7:57 AM MDT
Quicksilver Resources Inc. announced the start of a marketing and sales process to sell substantially all or a portion of its U.S. and Canadian assets.
September 18, 2015, 8:17 AM MDT
It is not too late! This is a reminder to purchase your seats as soon as possible for the 19th Canadian Petroleum Hall of Fame Induction Dinner to be held at the Westin in Calgary on September 24th. It’s a very special evening — not only for the inductees, but the industry as a whole.
September 18, 2015, 6 AM MDT
Calgary-based Excelsior Engineering, a leading engineering procurement and construction (EPC) firm and part of the Vepica group, announced that it has been awarded a Certificate of Recognition (COR) by the Alberta Human Services and the Alberta Construction Safety Association (ACSA).
September 18, 2015, 7:27 AM MDT
Production Plus Energy Services Inc. says it recently completed the 50th install of its patent-pending HEAL System in Western Canada — a significant milestone since its commercial release just 12 months ago.
September 18, 2015, 10:28 AM MDT
September 18, 2015, 11:01 AM MDT
Hemisphere Energy Corporation announced that, at the request of the company, Smythe Ratcliffe LLP has resigned as Hemisphere's auditor effective Sept. 15, 2015.
September 18, 2015, 9:13 AM MDT
Christopher Rudge, executive chairman and CEO for the Toronto Argonauts of the Canadian Football League, has been appointed to the board of directors of Niko Resources Ltd., the company has announced.
September 18, 2015, 11:11 AM MDT
September 18, 2015, 11:21 AM MDT
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