British Columbia's Liberal government was defeated on Thursday in a non-confidence vote, as expected, paving the way for the left-leaning New Democrats to rule the province for the first time in 16 years.
June 28, 2017, 10:14 PM MDT
The head of the Alberta Energy Regulator (AER) says sustained efforts by his organization to curb costs to industry are paying dividends and are now approaching a cumulative $2 billion in savings.
June 28, 2017, 10:57 AM MDT
An attempt by dissident shareholders to elect their own slate of directors to Eagle Energy Inc. was narrowly defeated at the company’s annual meeting on Tuesday, but there’s no guarantee the matter is settled.
June 28, 2017, 12:07 PM MDT
In the first half of 2017 there were five transactions announced involving multi-national oil and natural gas producing companies divesting a large part of their Canadian assets.
June 28, 2017, 7:21 AM MDT
While it is rare in any business to be on top every year, let alone every single quarter in a 25-year period, that is nonetheless the milestone Scott Land & Lease Ltd. is celebrating as the company reaches 100 consecutive quarters as top Crown land broker.
June 28, 2017, 10:13 AM MDT
Increased output in Libya and Nigeria, both spared from supply cuts, pushed OPEC crude production up by 290,000 bbls per day in May to 32.08 million bbls per day, the highest level so far this year.
June 28, 2017, 6 AM MDT
While Marquee Energy Ltd.’s full-year capital expenditures budget is $21.7 million aimed at drilling nine new wells during the year, management forged that spending plan on a higher commodity-price assumption, which means the company may need to reconsider its plan throughout the year, says top brass.
June 28, 2017, 6 AM MDT
Canadian Energy Pipeline Association (CEPA) members maintained a 99.999 per cent safety record, with an ongoing commitment to reach zero incidents, the industry group said in its 2017 Transmission Pipeline Industry Performance Report released this morning.
June 28, 2017, 8:52 AM MDT
Over the last few months, JWN has been spending a lot of time with suppliers in the oil and gas industry listening to what’s on their minds.
June 28, 2017, 6 AM MDT
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June 28, 2017, 4:28 AM MDT
The price tag for the Sturgeon refinery, an 78,000 bbl per day project being built northeast of Edmonton, has ballooned to $9.3 billion, up from $8.5 billion, according to a report by Calgary-based AltaCorp Capital.
June 28, 2017, 11:25 AM MDT
Obsidian Energy Ltd., the former Penn West Petroleum Ltd., and three of its former employees were named in a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) on June 28, 2017 in the U.S. District Court for the Southern District of New York.
June 28, 2017, 9:08 AM MDT
Canada Pension Plan Investment Board (CPPIB) and Encino Energy, LLC have committed equity to form Encino Acquisition Partners (EAP), which will focus on U.S. oil and gas acquisition opportunities.
June 28, 2017, 7:47 AM MDT
Royal Dutch Shell plc, through its subsidiary Shell International Exploration and Production B.V., and SBI BioEnergy Inc. have reached an agreement granting Shell exclusive development and licensing rights for SBI's biofuel technology.
June 28, 2017, 6 AM MDT
John H. Van de Pol, senior vice-president and chief financial officer of Painted Pony Energy Ltd.’s, has advised the board of directors and executive team of his intention to retire.
June 28, 2017, 6 AM MDT
Tenaris announced the official restart of operations at its Prudential facility in Calgary (8919 Barlow Trail S.E.) following a two-year interruption of production.
June 28, 2017, 10 AM MDT
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June 28, 2017, 7:44 AM MDT
New West Energy Services Inc. appointed an executive chairman and lead director, announced a change in the company's financial year-end and the granting of stock options.
June 28, 2017, 8:07 AM MDT
Connacher Oil and Gas Limited has obtained an extension of the stay of proceedings in its Companies' Creditors Arrangement Act (CCAA) proceeding to Jan. 31, 2018.
June 28, 2017, 6 AM MDT
In an update on the Minimum Contracted Quantities Dispute, Niko Resources Ltd. said that, in accordance with previous contracts for natural gas sales from the Hazira field in India, the company had committed to deliver certain minimum quantities.
June 28, 2017, 3:45 AM MDT
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