TransCanada Corporation will not proceed “at this time” with its new, long-term, fixed-price proposal to flow natural gas along the Canadian Mainline from the Empress receipt point in Alberta to the Dawn hub in southern Ontario.
November 15, 2016, 6:45 AM MST
Alberta did not write its action plan on climate change based on an ambitious U.S. climate agenda, and even if President-elect Donald Trump does not pursue progressive federal-level measures in his own country, the province’s oilsands emissions cap already controls for competitiveness in an American “business-as-usual” situation.
November 15, 2016, 8:24 AM MST
Tourmaline Oil Corp. today announced a $1.35 billion capital program for 2017, based on the acquisition of Alberta Deep Basin and northeast British Columbia Montney assets from Royal Dutch Shell plc.
November 15, 2016, 11:49 AM MST
New tools have been developed to help Canadian oil and gas producers measure more easily the impact of LLR regulations on well operations and potential asset deals.
November 15, 2016, 7:06 AM MST
Oil and gas pipeline ruptures are not only potentially costly events, but also occurrences that erode public confidence in pipeline safety, and therefore social licence to build and operate them. The breakdown of multimillion-dollar pieces of equipment used in the oil and gas industry can be similarly dangerous, and costly.
November 15, 2016, 10:08 AM MST
November 15, 2016, 10:45 AM MST
Canadian total oil production continues to recover, with output in July at 4.5 million bbls per day, nearly one million bbls higher than May’s fire-affected low, the International Energy Agency (IEA) recently noted. Production inched up a further 60,000 bbls a day in August, to 4.53 million bbls per day, as the country’s bitumen upgraders increased output by another 160,000 bbls a day to 1.06 million bbls per day.
November 15, 2016, 8:06 AM MST
When you’re ordering workwear and PPE for the oil and gas sector, Mark’s Commercial can help you improve efficiencies and positively influence your bottom line. Here’s how:
November 15, 2016, 6 AM MST
Net earnings for Tidewater Midstream and Infrastructure Ltd. were $2.4 million for the third quarter of 2016, compared to $610,000 in the same period of 2015.
November 15, 2016, 7:09 AM MST
November 15, 2016, 10:26 AM MST
November 15, 2016, 9 AM MST
November 15, 2016, 10:23 AM MST
November 15, 2016, 9:18 AM MST
As frustrated workers pack up and leave, Western Canada’s oilfield services sector is showing early signs of a labour squeeze, said the head of an oilfield services company.
November 15, 2016, 9:46 AM MST
November 15, 2016, 10:22 AM MST
November 15, 2016, 10:14 AM MST
Mazatlan — Mexico’s state-owned oil and gas company, Petroleos Mexicanos (Pemex), faces “insolvency” according to a senior analyst with credit assessing firm Fitch Ratings Inc. — and the election last week of incoming president Donald Trump won’t help.
November 15, 2016, 6 AM MST
High Arctic Energy Services Inc.’s third quarter consolidated revenue decreased by 19 per cent to $47.5 million in the quarter from $58.5 million during the comparable period last year.
November 15, 2016, 6 AM MST
High Arctic Energy Services Inc. announced the retirement of Christopher Warren and Dennis Sykora from its board of directors effective Nov. 30, 2016.
November 15, 2016, 6 AM MST
Oilfield chemicals provider Canadian Energy Services & Technology Corp. says it has responded to falling activity levels and continued pricing pressure by further cutting costs and headcount in Canada and the U.S.
November 15, 2016, 7:42 AM MST
The board of directors of Traverse Energy Ltd. has approved an initial exploration and development program for 2017 of $14 million to be financed by cash flow, working capital and new equity issues or debt as appropriate.
November 15, 2016, 6 AM MST
Corridor Resources Inc.'s cash flow from operations increased to $233,000 in Q3 2016 from a negative cash flow from operations of $947,000 in Q3 2015 due primarily to the higher natural gas production in Q3 2016.
November 15, 2016, 6 AM MST
The Canadian Environmental Assessment Agency (CEAA) has commenced a federal environmental assessment for the proposed Eastern Newfoundland Offshore Exploration Drilling Project, located in the Atlantic Ocean, approximately 250 kilometres east of St. John's, Newfoundland and Labrador.
November 15, 2016, 6 AM MST
Blacksteel Energy Inc. has entered into an agreement to acquire a 30 per cent working interest in certain oil and gas assets around Girouxville in northwest Alberta.
November 15, 2016, 6 AM MST
On Nov. 9, 2016, the Court of Appeal of Alberta heard the appeal by Marquee Energy Ltd. and on Monday it advised counsel that the appeal will be allowed with reasons to follow.
November 15, 2016, 6 AM MST
Manitok Energy Inc. has initial production test results from its second horizontal well of the fourth quarter drilling program.
November 15, 2016, 7:48 AM MST
Enbridge Inc. has entered into an agreement with a group of underwriters to sell 20 million cumulative redeemable minimum rate reset preference shares, Series 17, at a price of $25 per share for distribution to the public.
November 15, 2016, 7:55 AM MST
The expansion phase of the Schulich School of Engineering at the University of Calgary is now complete with the $174 million Canadian Natural Resources Limited Engineering Complex officially opened on Nov. 15.
November 15, 2016, 10:33 AM MST
Despite getting higher prices for crude oil and natural gas liquids, a big drop in Questerre Energy Corporation’s production and lower natural gas prices brought lower revenue in the third quarter of 2016 compared to the same period in 2015.
November 15, 2016, 8:44 AM MST
November 15, 2016, 9:04 AM MST
November 15, 2016, 9:01 AM MST
November 15, 2016, 10:24 AM MST
November 15, 2016, 10:25 AM MST
November 15, 2016, 10:52 AM MST
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.