With its energy sector under siege on several fronts, Alberta’s NDP government has a full plate when it comes to tackling oil and gas issues.
May 9, 2018, 6 AM MDT
Tourmaline Oil Corp. is “certainly cheering LNG Canada on,” in getting a final investment decision (FID), which could lead to further LNG projects in Canada.
May 9, 2018, 9:35 AM MDT
The proponents of a proposed East Coast LNG project hope TransCanada Corporation and Enbridge Inc. will hold open seasons before the end of summer on a plan to move western Canadian natural gas to Nova Scotia for export.
May 9, 2018, 6 AM MDT
NuVista Energy Ltd. was only able to achieve its recent record-setting five-kilometre well after a long progression of advancements that enabled increasingly longer horizontals while minimizing the risk of losing the hole.
May 9, 2018, 9:08 AM MDT
Peyto Exploration & Development Corp. says a “strategic shift” undertaken early this year to counteract persistently weak and volatile natural gas prices has proven effective.
May 9, 2018, 10:31 AM MDT
Additional processing capacity will be added to Keyera Corp.’s Simonette gas plant which continues to achieve record processing volumes, the company’s annual meeting heard Tuesday.
May 9, 2018, 4:01 AM MDT
Falling production, rising debt and reduced reserve life were among the chief issues facing Pemex, Mexico’s national oil company. Historic reforms were introduced by Mexico’s government in 2013 to try and spark a significant reversal in performance of both Pemex and the country’s hydrocarbon production as a whole.
May 9, 2018, 4:10 AM MDT
With spring breakup inevitably comes geo-hazards that oil and gas companies must be prepared to deal with — in particular the risk of high spring runoff and wildfires, both of which have struck in dramatic fashion in recent years.
May 9, 2018, 6 AM MDT
Tourmaline Oil Corp. reported first quarter 2018 earnings of $129.6 million, which is a 30 per cent increase from first quarter 2017 earnings of $99.5 million, highlighting the underlying profitability of the EP business, despite low natural gas prices.
May 9, 2018, 6 AM MDT
Oil and NGL prices have exceeded Kelt Exploration Ltd.’s previous forecasts year-to-date, however the futures market is currently indicating lower natural gas prices than previously forecasted.
May 9, 2018, 7:44 AM MDT
Journey Energy Inc. entered into three land acquisition agreements in the East Duvernay shale basin.
May 9, 2018, 8:05 AM MDT
May 9, 2018, 11:36 AM MDT
May 9, 2018, 10:47 AM MDT
The Canadian oil and gas market may be stabilizing, but consolidation during the downturn means fewer participants actively investing and greater competition among service providers at all levels of industry.
May 9, 2018, 6 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 9, 2018, as reported this morning by Rig Locator.
May 9, 2018, 11:43 AM MDT
TORC Oil & Gas Ltd. announced an agreement to acquire light oil assets, which are complementary to its existing operations in southeast Saskatchewan.
May 9, 2018, 3 AM MDT
The movement and pricing of natural gas in Canada has become increasingly complex, noted Pine Cliff Energy Ltd.
May 9, 2018, 3:20 AM MDT
Calgary-based midstream company Gibson Energy Inc. is beginning to see the benefits of its shift from a diversified trucking and environmental and seismic services company to a domestic pipeline and storage-focused operator.
May 9, 2018, 11:18 AM MDT
Enbridge Inc.’s indirect subsidiary, Enbridge (U.S.) Inc., has entered into a definitive agreement to sell Midcoast Operating, L.P. and its subsidiaries, which conducts the company's U.S. natural gas and natural gas liquids (NGL) gathering, processing, transportation and marketing businesses, serving established basins in Texas, Oklahoma and Louisiana.
May 9, 2018, 9:42 AM MDT
Enbridge Inc. entered agreementswith the Canada Pension Plan Investment Board (CPPIB) to monetize a 49 per cent interest in select North American onshore renewable power assets, as well as 49 per cent of Enbridge's interests in two German offshore wind projects (Hohe See, and related expansion) through a newly created joint venture with CPPIB, for approximately C$1.75 billion.
May 9, 2018, 10:55 AM MDT
May 9, 2018, 9:44 AM MDT
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May 9, 2018, 10:49 AM MDT
Calfrac Holdings LP, a Delaware limited partnership which is indirectly wholly owned by Calfrac Well Services Ltd., intends to offer, subject to market and other conditions, up to US$650 million aggregate principal amount of senior notes due 2026, which will be issued under a new indenture.
May 9, 2018, 9:49 AM MDT
May 9, 2018, 8:44 AM MDT
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