While oil prices continued to improve in September, AECO natural gas spot prices plummeted 47 per cent to a monthly average of 91.6 cents per gigajoule from $1.73 a gigajoule in August.
October 2, 2017, 11:47 AM MDT
October 2, 2017, 11:59 AM MDT
Significant disruptions are underway in the global energy sector, says Matt Rogers, and contemporary business leaders are trying to make investment choices in a technological environment with unprecedented rate of change — a challenge and opportunity for economies such as Alberta’s.
October 2, 2017, 9:38 AM MDT
Drilling rig activity in Western Canada and the Top 5 active operators as of Oct. 2, 2017, as reported this morning by Rig Locator.
October 2, 2017, 11:37 AM MDT
Osum Oil Sands Corp. has approved the start of the Phase 2B expansion at its Orion thermal project.
October 2, 2017, 11:24 AM MDT
AltaGas Ltd. says that commercial operations have begun at its 99 mmcf-per-day shallow-cut natural gas processing facility on the existing Townsend site, adjacent to the currently operating Townsend facility in northeast B.C.
October 2, 2017, 10:21 AM MDT
Unquestionably, the Canadian oil and gas industry is suffering from the effects of low commodity prices and shifting energy markets. The plunge in the price of oil to half the value of three years ago, and the surge in U.S. shale gas and tight oil production that has shrunk Canadian producers’ main export market have led to the biggest energy market contraction in a generation.
October 2, 2017, 6:37 AM MDT
PrairieSky Royalty has published new technical materials on the East and West Duvernay Shale Oil plays in Central Alberta.
October 2, 2017, 6:38 AM MDT
Following an inspection of dams used by the oil and gas industry in northeast British Columbia, the B.C.Oil and Gas Commission has issued seven compliance orders to ensure they are safe and pose no threat to the environment.
October 2, 2017, 8:45 AM MDT
October 2, 2017, 6:13 AM MDT
A reserves report of Saskatoon-based Saturn Oil + Gas Inc.’s Lucky Hills Viking and Flaxcombe Success heavy oil assets in Saskatchewan has estimated 307,000 net bbls of proved plus probable reserves, the company has reported.
October 2, 2017, 9:27 AM MDT
October 2, 2017, 10:26 AM MDT
There is a technological shift in how businesses collect, track and store data as more shift towards reporting automation and digitization.
October 2, 2017, 8:43 AM MDT
Seven Generations Energy Ltd. has completed its previously announced offering of US$700 million aggregate principal amount of 5.375% senior unsecured notes due 2025, which were offered, on a private placement basis, to eligible purchasers.
October 2, 2017, 11:07 AM MDT
Parkland Fuel Corporation has closed its acquisition of Chevron Canada R & M ULC which operates a downstream fuel business in British Columbia and Alberta.
October 2, 2017, 11:16 AM MDT
Strad Energy Services Ltd. has agreed with its syndicate of lenders to extend the maturity of its credit facilities by two years to Sept. 29, 2020, and to make certain other amendments.
October 2, 2017, 8:59 AM MDT
October 2, 2017, 11:55 AM MDT
October 2, 2017, 10:47 AM MDT