Enbridge Inc. plans to launch a binding open season in mid-July to secure firm transportation agreements on its Liquids Mainline system upon expiry of the Competitive Toll Settlement (CTS) agreement in June 2021.
May 10, 2019, 11:30 AM MDT
Throughout on the Canadian Mainline was a record 2.717 million bbls/d in the first quarter of 2019, up from 2.625 million bbls/d in the first quarter of 2018, due largely to strong supply and continued optimization of the system which is expected to remain full this year, the company said today.
May 10, 2019, 11:38 AM MDT
Enbridge Inc. has announced executive changes effective June 1, 2019.
May 10, 2019, 9:42 AM MDT
Kinder Morgan Canada Limited (KML) will remain a standalone entity.
May 10, 2019, 8:02 AM MDT
Canadian Natural Resources Limited and Cenovus Energy Inc. both just completed major oilsands expansions, but the two companies are taking a different approach to bringing the new volumes online as Alberta continues to cap production.
May 10, 2019, 6 AM MDT
Liquids-weighted intermediate Athabasca Oil Corporation is well positioned to benefit from strong global fundamentals for heavy oil, shareholders heard Thursday.
May 10, 2019, 12 AM MDT
EY, in its capacity as Receiver of D.L.M. Oilfield Enterprises Ltd. (“DLM”), is currently seeking proposals in relation to the purchase of the assets of DLM.
May 10, 2019, 6 AM MDT
When the Canadian oilfield service sector recovers from years of lower activity, there is likely to be a flood of takeovers, according to the head of a Calgary-based company which specializes in coil tubing and multi-stage frac tools — and his company could well be one of those buyout candidates.
May 10, 2019, 12 AM MDT
Tough oilfield service market to continue throughout 2019, says Trican Well Service Ltd.’s president and CEO Dale Dusterhoft.
May 10, 2019, 9:52 AM MDT
Several companies announced upcoming drilling projects this week, including Cequence Energy Ltd., Gear Energy Ltd., Husky Energy Inc., Obsidian Energy Ltd. and Saturn Oil & Gas Inc.
May 10, 2019, 11:16 AM MDT
Obsidian Energy Ltd. says it now plans to drill a total of 18 short-cycle, light oil Cardium wells in 2019, reaffirming its focus on the highest margin asset in the company’s portfolio.
May 10, 2019, 11:10 AM MDT
The Daily Oil Bulletin’s first annual Energy Excellence Awards were held in Calgary on Thursday, May 2. Awards were handed out in 12 categories under the banners of Operational and Project Excellence, Innovation and Research Excellence, and Exporting Excellence.
May 10, 2019, 8:54 AM MDT
Cathedral Energy Services Ltd. senior management is “disappointed with the quarterly financial results” and execution within its U.S. operations.
May 10, 2019, 6:45 AM MDT
Inter Pipeline Ltd. has no plans to seek a financial partner in its $3.5 billion Heartland Petrochemical Complex project, company president and CEO Christian Bayle said this morning.
May 10, 2019, 10:34 AM MDT
Inter Pipeline Ltd. generated first quarter of 2019 funds from operations of $211.5 million, $42.7 million lower than the first quarter of 2018.
May 10, 2019, 10:42 AM MDT
Coming out of a bust cycle in the oilpatch, Yangarra Resources Ltd. has grown yearly average production by 64 per cent in 2018 to 9,425 boe/d, completed an infrastructure build-out it calls instrumental to its future growth strategy and added a new core area “with stellar well results,” the company reported at its annual general meeting Thursday.
May 10, 2019, 11:22 AM MDT
May 10, 2019, 11:41 AM MDT
The National Energy Board (NEB) has approved a new TC Energy Corp. service option for producers and shippers looking to access Eastern natural gas markets.
May 10, 2019, 7:02 AM MDT
The National Energy Board (NEB) has approved an application from Petrogas Energy Corp. to export propane for 25 years.
May 10, 2019, 6:52 AM MDT
Stable industry conditions and increased compression and process service activity in the U.S. and Australia continue to offset the reduced demand for Total Energy Services Ltd.’s services in Canada.
May 10, 2019, 11:04 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 10, 2019, as reported this morning by Rig Locator.
May 10, 2019, 11:38 AM MDT
The U.S. rig count is down two rigs from last week to 988, with oil rigs down two to 805, gas rigs unchanged at 183, and miscellaneous rigs unchanged at zero.
May 10, 2019, 11:33 AM MDT
Tamarack Valley Energy Ltd. will re-evaluate its capital allocation strategy in the second half of 2019 to determine whether changes are required to its original capital budget of $170 to $180 million based on the status of the curtailment order and the commodity price outlook.
May 10, 2019, 7:30 AM MDT
May 10, 2019, 8:25 AM MDT
Capital expenditures for the three months ended March 31, 2019, focused at Simonette where Cequence Energy Ltd. completed and tied in the two gross (2.0 net) Dunvegan horizontal oil wells drilled in the fourth quarter of 2018 and completed in early 2019.
May 10, 2019, 9 AM MDT
The Canadian Association of Petroleum Producers (CAPP) said it is encouraged by the creation of a federal task force aimed at combatting foreign interference in Canadian elections.
May 10, 2019, 9:03 AM MDT
May 10, 2019, 8:21 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.