OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to co-operate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage.
June 22, 2018, 8:54 AM MDT
NOVA Gas Transmission Ltd. (NGTL) is seeking regulatory approval for a proposed $2.31 billion system expansion that it says will increase its capability to receive a growing natural gas supply on the west side of the system and deliver sweet gas to the increasing market demand on the east side.
June 22, 2018, 6 AM MDT
NOVA Chemicals Corporation has been ordered to pay Dow Chemical Canada ULC and Dow Europe GmbH more than US$858.07 million in damages after the court found it had acted improperly as operator of the jointly-owned E3 ethylene plant at Joffre.
June 22, 2018, 11:41 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of June 22, 2018, as reported this morning by Rig Locator.
June 22, 2018, 11:24 AM MDT
The U.S. rig count is down seven rigs from last week to 1,052, with oil rigs down one to 862, gas rigs down six to 188 and miscellaneous rigs unchanged at two.
June 22, 2018, 11:06 AM MDT
TransGlobe Energy Corporation acquired 100 per cent working interest in 16 sections (10,240 acres) of Cardium rights at Crown land sales year to date on a Cardium prospect south/south west of Harmattan pool.
June 22, 2018, 3:18 AM MDT
Operational issues during well stimulation can quickly turn a profitable field development into a money pit. It’s with this in mind that the engineering team of Packers Plus Energy Services Inc. developed their latest completion technology — the Quadrant™ System.
June 22, 2018, 6 AM MDT
June 22, 2018, 10:28 AM MDT
June 22, 2018, 9:24 AM MDT
Tidewater Midstream and Infrastructure Ltd. has entered into a 15-year liquids sale commitment with an investment grade counterparty, in exchange for an agreed upon liquids pricing premium.
June 22, 2018, 6:54 AM MDT
If you’ve been to a Canadian Tire store lately — and how many Canadians haven’t — you likely wouldn’t have been aware of what was happening behind the thousands of items on the sales floor, but the iconic retailer provides a sterling example of how a shift to a “lean and green” way of doing business can benefit companies.
June 22, 2018, 6 AM MDT
Imperial Oil Limited has received final acceptance from the Toronto Stock Exchange (TSX) for a normal course issuer bid (NCIB) to repurchase up to five per cent of its 807.82 million outstanding common shares as of June 13, 2018, or a maximum of 40.39 million shares during the next 12 months.
June 22, 2018, 7:31 AM MDT
Eagle Energy Inc. has completed its second horizontal well in North Texas.
June 22, 2018, 7:38 AM MDT
The National Energy Board (NEB) is aware of instances where a company under NEB jurisdiction has introduced hydrocarbons into piping as part of commissioning activities prior to the board having granted leave to open (LTO).
June 22, 2018, 8:32 AM MDT
AltaGas Ltd. has successfully completed the sale of a 35 per cent indirect equity interest in the northwest British Columbia hydro electric facilities for $922 million, which implies a value of $2.6 billion on a 100 per cent basis.
June 22, 2018, 10:49 AM MDT
June 22, 2018, 4:19 AM MDT
June 22, 2018, 10:21 AM MDT
June 22, 2018, 3:22 AM MDT
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