Cash-strapped companies grappling with an extended industry downturn must see some return from clean technology adoption and emissions reductions, otherwise wells could simply be shut-in and government would lose vital tax revenue, which benefits nobody, warns Blue Source Canada president Yvan Champagne.
March 15, 2016, 9:31 AM MDT
Western Canadian natural gas production will resume growth in 2021 or 2022 with or without LNG exports from the West Coast, a Wood Mackenzie analyst predicts.
March 15, 2016, 6 AM MDT
The Petroleum Services Association of Canada (PSAC) is asking the federal government for $500 million to decommission wells in Alberta, thereby stimulating the industry and helping the environment.
March 15, 2016, 6 AM MDT
After posting a sharp monthly recovery in November of nearly 250,000 bbls per day, total Canadian oil production levels are estimated roughly unchanged in December, at around 4.55 million bbls per day, the International Energy Agency (IEA) noted in its recently-released March oil market report.
March 15, 2016, 9:52 AM MDT
March 15, 2016, 11:24 AM MDT
With 660,000 kilometres of pipelines in Western Canada — equivalent to the amount of public roads — pipeline and oil and gas companies have a massive amount of data that needs to be managed, a seminar on asset integrity management heard Monday.
March 15, 2016, 8:06 AM MDT
March 15, 2016, 8:46 AM MDT
March 15, 2016, 8:58 AM MDT
Hardie and Kelly Inc. in its capacity as Court appointed receiver (the "Receiver") of Detector Exploration Ltd. ("Detector") is accepting offers for the assets of Detector.
March 15, 2016, 6 AM MDT
The one-day Fundamentals of Natural Gas Processing course will cover a high-level overview of natural gas processing to understand the key processing steps required to make saleable products from raw gas (from wellhead to marketplace) with emphasis on gas plant design and operation. The overall process flow diagram will be used to illustrate how the various individual plant operations are integrated to create gas plants capable of handling feeds from gas fields.
March 15, 2016, 8:51 AM MDT
Journey Energy Inc.’s fourth quarter 2015 production decreased (see tables) but the company posted a profit of $38.59 million versus a 2014 loss of $105.32 million as a $91 million impairment reversal in the quarter helped boost earnings.
March 15, 2016, 10:19 AM MDT
High Arctic Energy Services Inc. says its significant exposure to Papua New Guinea (PNG) has been beneficial during this period of low oil prices, while in Canada, lower industry activities continue to erode its operating results.
March 15, 2016, 6 AM MDT
Oil & Gas Council is very proud to announce Brett Wilson & Jim Davidson as the 2016 Canadian Lifetime Achievement Award Recipients.
March 15, 2016, 6 AM MDT
Rock Nelson is a fifth generation South Dakotan — and South Dakota is a few thousand kilometres from Winnipeg, Manitoba and in a different country — but he is an admirer of the entrepreneurial spirit that drives that province, which he thinks is embodied by the World Trade Centre Winnipeg.
March 15, 2016, 6 AM MDT
Energy Minister Margaret McCuaig-Boyd and the British High Commissioner to Canada Howard Drake have signed a UK-Alberta Low Carbon Innovation and Growth Framework.
March 15, 2016, 11:12 AM MDT
March 15, 2016, 6 AM MDT
March 15, 2016, 6 AM MDT
Sproule Associates Limited and Gas Processing Management Inc. (GPMi) announced a collaboration on the publication of oil, gas and natural gas liquids price forecasts as part of the Sproule-GPMi strategic alliance.
March 15, 2016, 9:40 AM MDT
Tourmaline Oil Corp. announced an increase to its earlier-announced financing.
March 15, 2016, 6 AM MDT
Whitecap Resources Inc. has completed its previously announced bought deal financing.
March 15, 2016, 8:31 AM MDT
Striker Exploration Corp. boosted its proved plus probable (2P) reserves to 11.07 million boe at year-end 2015, from 9.95 million boe the previous year.
March 15, 2016, 6 AM MDT
Traverse Energy Ltd.’s proved plus probable reserves at year-end 2015 were 2.29 million boe, which represents growth of 19 per cent year-over-year.
March 15, 2016, 6 AM MDT
Granite Oil Corp. says that during 2015, $41.2 million was invested in its assets, and the primary aim was to expand the gas injection enhanced oil recovery (EOR) scheme on its 100 per cent-owned Alberta Bakken property.
March 15, 2016, 10:54 AM MDT
March 15, 2016, 6 AM MDT
March 15, 2016, 10:31 AM MDT
Metlakatla First Nation has signed two pipeline benefits agreements with the provincial government that will provide direct benefits to the community resulting from a LNG industry, the B.C. government announced.
March 15, 2016, 6 AM MDT
March 15, 2016, 11:11 AM MDT
March 15, 2016, 10:26 AM MDT
Shoal Point Energy Ltd. has closed the company's previously announced non-brokered private placement.
March 15, 2016, 6 AM MDT
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