It’s almost a New Year for Canada’s biggest oil play, with companies continuing efforts to reduce costs, improve efficiency and boost returns while the government works to implement new rules to decrease environmental impacts. Here’s a look at some of what’s expected to happen next year.
November 29, 2017, 6 AM MST
Eighteen months ago, after three consecutive failures, Devon Canada Corporation was about to give up in its attempt to use flow control devices (FCDs) on its SAGD wells.
November 29, 2017, 6 AM MST
In 1993, eight Syncrude employees embarked on a pilot project that would transform oilsands mining, shaping the technology system that enabled the industry’s surge in growth into the new century. In 2017 the oilsands marks 20 years since the commercialization of hydrotransport, while researchers work to improve its efficiency and further enhance its ability to boost returns.
November 29, 2017, 6 AM MST
Since the oil price decline, in situ oilsands producers have been focused on reducing the capital cost of projects, particularly those that are waiting to come onstream. CanOils conducted an overview on 36 projects applied for over the last 15 years in order to discover how factors such as timing and market conditions were influencing capital intensity.
November 29, 2017, 6 AM MST
Recently we have seen a number of publicly-traded oil and natural gas companies enter into more unconventional debt structures that have provided them more flexibility along with the additional capital to accelerate the development of their respective asset bases.
November 29, 2017, 7:10 AM MST
TransCanada Corporation is looking at more Alberta oilsands developments for which Keystone XL could open the door in the event the project advances, a company investor day heard Tuesday.
November 29, 2017, 7:20 AM MST
Drilling rig activity in Western Canada and the Top 5 active operators as of Nov. 29, 2017, as reported this morning by Rig Locator.
November 29, 2017, 11:45 AM MST
Royal Dutch Shell plc is speeding up development of its shale plays in the Duvernay formation in Canada and the Permian Basin in Texas, investors heard on Tuesday.
November 29, 2017, 6 AM MST
Reducing cash management complexity is crucial to success for Canadian companies doing business in China
November 29, 2017, 6 AM MST
The pipeline industry is a dynamic industry that has evolved over several decades in Canada.
November 29, 2017, 6 AM MST
November 29, 2017, 10:49 AM MST
The National Energy Board (NEB) is holding an oral hearing on a motion from Trans Mountain Pipeline ULC which includes a notice of constitutional question.
November 29, 2017, 6 AM MST
November 29, 2017, 3:18 AM MST
Alberta’s labour market continues to recover, largely as workers return to jobs lost during the downturn — notably in the non-renewable resource industry, says the finance minister.
November 29, 2017, 6:50 AM MST
British Columbia’s natural gas royalty projection for 2017/2018 is down by $67 million as lower projections of natural gas prices and production volumes are partially offset by a lower estimate of the utilization of royalty program credits.
November 29, 2017, 10:05 AM MST
The National Energy Board (NEB) says it will make a decision within 300 days from Nov. 23, 2017 on an application from NOVA Gas Transmission Ltd. for its proposed $567 million Saddle West expansion.
November 29, 2017, 10:09 AM MST
The Canadian natural resources industry is undergoing enormous change. Volatile energy prices — the reality of US 55 per barrel — reduced production reliability, uncertain market access, the government’s climate change agenda, tightening environmental policy, safety, and compliance concerns along with increasing social drivers, such as social license to operate, all have resulted in industry upheaval.
November 29, 2017, 6 AM MST
Export Development Canada’s comprehensive, step-by-step guide shows you how to determine and apply your company’s unique selling proposition (USP), a strategic tool to help your business stand out from competitors, market more effectively, and increase sales.
November 29, 2017, 6 AM MST
Canadian crude oil exports by rail volumes climbed to 134,132 bbls/d in September, according to an update from the National Energy Board (NEB).
November 29, 2017, 8:12 AM MST
November 29, 2017, 3:26 AM MST
November 29, 2017, 5:11 AM MST
Laricina Energy Ltd. announced that Barry Jackson resigned from the company’s board of directors, a position he has held since Dec. 6, 2005.
November 29, 2017, 10:24 AM MST
Natural Resources Minister Jim Carr says the federal government filed a letter to the National Energy Board (NEB), indicating the government's support for establishing a standing panel to determine ongoing compliance by Kinder Morgan Canada Limited for the project conditions of the Trans Mountain pipeline expansion.
November 29, 2017, 11:36 AM MST
Prairie Provident Resources Inc. announced that the Toronto Stock Exchange (TSX) has accepted for filing the company's notice of intention to make a normal course issuer bid (NCIB).
November 29, 2017, 6 AM MST
Point Loma Resources Ltd. has entered into an engagement letter with Mackie Research Capital Corporation, pursuant to which the agent has agreed to offer, on a commercially reasonable efforts basis up to $3 million in common shares in the capital of Point Loma to be issued as flow-through shares of the company.
November 29, 2017, 6 AM MST
Return Energy Inc. intends to complete a non-brokered private placement of common shares at a price of 10 cents per flow-through share for aggregate gross proceeds of up to $899,000.
November 29, 2017, 6 AM MST
Cequence Energy Ltd. has completed its semi annual review of its senior credit facilities with its syndicate of lenders.
November 29, 2017, 6 AM MST
Sanjel Energy Services announced that as part of the company's growth strategy, Murray Bickley will assume the role of president, effective immediately.
November 29, 2017, 8:23 AM MST
The two Canadian-based juniors that have been among the most aggressive participants in Mexico’s energy reform process say they’re both ready to start drilling land-based areas with significant resource potential.
November 29, 2017, 8:57 AM MST
The new head of state-owned Mexican oil and gas company Petroleos Mexicanos (Pemex) will have a difficult balancing act ahead of him, with the need to increase oil and gas production and to improve the efficiency of its refineries, while dealing with its balance sheet difficulties, according to experts who follow the company.
November 29, 2017, 9:11 AM MST
November 29, 2017, 3:21 AM MST
November 29, 2017, 5:16 AM MST
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