Supply disruptions cut global oil production by nearly 800,000 bbls per day in May, according to the International Energy Agency (IEA) with declines in both OPEC and non-OPEC countries, including Canada.
June 14, 2016, 8:13 AM MDT
The numbers simply do not add up if Canada is to meet its global climate change commitments and also ramp up oil and gas production to a degree that would require construction of new crude export pipelines and more than one LNG export terminal, says a Parkland Institute and Canadian Centre for Policy Alternatives report.
June 14, 2016, 7:24 AM MDT
An Alberta Energy Regulator (AER) hearing panel has denied an appeal by Canadian Natural Resources Limited of an AER decision to refuse to issue a reclamation certificate for a well site and access road in the Boundary Lake South field.
June 14, 2016, 9 AM MDT
Tourmaline Oil Corp. has applied to the Alberta Energy Regulator (AER) for a compulsory pooling order for the formation of a Spirit River natural gas spacing unit in the Kakwa area after it failed to obtain a voluntary agreement with Paramount Resources Ltd. and XTO Energy Canada.
June 14, 2016, 9:51 AM MDT
Planting about four million trees, Cenovus Energy Inc. will use a combination of proven forestry techniques tested during a three-year pilot project to protect the Cold Lake caribou herd, restoring oil and gas seismic lines, access roads and other linear disturbances that have not naturally returned to forest cover over the past 20 to 30 years.
June 14, 2016, 11:31 AM MDT
The proposed energy policies of Republican Donald Trump and Democrat Hillary Clinton, the presumptive nominees for the 2016 U.S. presidential race, are highly divergent and if adopted in their current forms would have significantly different impacts on the western Canadian oil and gas industry.
June 14, 2016, 8:38 AM MDT
TransCanada Corporation announced that its joint venture with IEnova, Infraestructura Marina del Golfo (IMG), has been chosen to build, own and operate the US$2.1 billion Sur de Texas-Tuxpan natural gas pipeline in Mexico.
June 14, 2016, 6 AM MDT
Spectra Energy Corp.’s subsidiary, Valley Crossing Pipeline, LLC, has been awarded a 168-mile intrastate natural gas pipeline project by the Comisión Federal de Electricidad (CFE), Mexico's state-owned utility serving 37 million customers, to provide natural gas transportation services beginning in 2018 to meet Mexico's growing electric generation needs.
June 14, 2016, 6 AM MDT
NuVista Energy Ltd. has increased spending plans for 2016 to between $165 million and $175 million, is selling its W6 Deep Basin non-Montney asset and announced the placement of senior unsecured notes.
June 14, 2016, 11:01 AM MDT
In 2015, natural gas from conventional gas and oil wells placed on production represented 92 per cent of production, with the remainder coming from CBM and shale gas wells, according to the Alberta Energy Regulator (AER).
June 14, 2016, 8:36 AM MDT
June 14, 2016, 8:40 AM MDT
June 14, 2016, 11:35 AM MDT
June 14, 2016, 11:51 AM MDT
June 14, 2016, 11:56 AM MDT
The Queen’s Geology Council invites all Queen’s Geology alumni to the Third Annual GeoConvention Reunion on Tuesday, June 21 from 4:00 – 7:00 PM at the Barley Mill in Eau Claire.
June 14, 2016, 6 AM MDT
Black Diamond Group Limited has been awarded a workforce housing camp renewal in the Duvernay region of northwest Alberta.
June 14, 2016, 6 AM MDT
Acceleware Ltd. announced plans to test and commercialize its patent-pending RF XL heating technology that has the potential to save billions of dollars in oilsands production costs while significantly reducing GHG emissions and water use.
June 14, 2016, 11:27 AM MDT
June 14, 2016, 10:33 AM MDT
June 14, 2016, 9:56 AM MDT
June 14, 2016, 9:58 AM MDT
Perisson Petroleum Corporation has closed the third and final tranche of its previously announced debenture financing.
June 14, 2016, 10:18 AM MDT
Harvest Operations Corp.’s previously announced offer to exchange any and all of its outstanding six-and-seven-eighths per cent senior notes due 2017 for new 2.33 per cent guaranteed notes due 2021 issued by Harvest and unconditionally and irrevocably guaranteed by Korea National Oil Corporation (KNOC) and related consent solicitation to adopt amendments to the indenture governing the old notes, which include eliminating certain of the covenants, expired on June 13, 2016.
June 14, 2016, 9:27 AM MDT
June 14, 2016, 8:42 AM MDT
June 14, 2016, 8:44 AM MDT
June 14, 2016, 10:02 AM MDT
June 14, 2016, 10:04 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.