Devon Energy Corporation’s plan to shed or spin-off its Canadian and Barnett shale assets is indicative of its quest to transform into a “high-return U.S. oil growth business,” but there won’t be a fire-sale of the company’s business interests north of the 49th parallel, Devon’s top executive said this morning.
February 20, 2019, 10:37 AM MST
Devon Energy Corporation’s net Canadian oil production averaged 120,000 bbls/d in the fourth quarter, down from 132,000 bbls/d during the comparable period in 2017.
February 20, 2019, 10:48 AM MST
Basic fundamentals support the Alberta government’s plan to spend $3.7 billion over the next three years to increase rail takeaway capacity as a worthwhile and profitable venture, says Premier Rachel Notley.
February 20, 2019, 12 AM MST
Canadian crude-by-rail exports ended the year on a high note, surging again to a record high.
February 20, 2019, 10:26 AM MST
Citing concerns over the current political, regulatory and geopolitical environment, Steelhead LNG Limited has stopped work on its LNG project off the west coast of Vancouver Island.
February 20, 2019, 12 AM MST
Ten western Canadian producers have joined together to find a path to send Canadian liquefied natural gas to new markets.
February 20, 2019, 11:21 AM MST
The B.C. government is forecasting a hike in natural gas royalty revenue for the coming fiscal year, with prices expected to rise, and natgas production forecast to fall slightly.
February 20, 2019, 7:55 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 20, 2019, as reported this morning by Rig Locator.
February 20, 2019, 11:38 AM MST
February 20, 2019, 11:26 AM MST
The National Energy Board (NEB) has dismissed a notice of application from Stand.earth including a request the board delay its report to the federal cabinet on the Trans Mountain Pipeline ULC expansion pending consideration of the indirect impacts of greenhouse gases from the project.
February 20, 2019, 9:37 AM MST
February 20, 2019, 4:27 AM MST
February 20, 2019, 8:12 AM MST
February 20, 2019, 8:16 AM MST
Halliburton Company named M. Katherine Banks and Patricia Hemingway Hall to its board of directors.
February 20, 2019, 11:11 AM MST
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