New federal legislation regulating resource projects, including a new Impact Assessment Act and the replacement of the National Energy Board (NEB)with the new Canadian Energy Regulator, will come into force Aug. 28, 2019.
August 13, 2019, 6 AM MDT
The last few years are a vivid reminder that federalism is pivotal to energy and climate change policy. In late 2015, intergovernmental collaboration hit a high with the Pan-Canadian Framework on Clean Growth and Climate Change. Provinces and the federal government were singing from the same song sheet.
August 13, 2019, 7:17 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 13, 2019, as reported this morning by Rig Locator.
August 13, 2019, 11:35 AM MDT
CES Energy Solutions Corp. remains “deeply disappointed” with the federal government’s “terrible public policy” for Canada’s energy sector, says top brass, but the company also remains committed to Canada — a market still holding much potential thanks to what CES can offer LNG developments and oilsands production.
August 13, 2019, 6 AM MDT
Canadian cleantech and oil and gas companies are working together to transform the economic landscape and environmental competitiveness in areas ranging from energy efficiency, digitization, novel resource recovery, transport and value added solutions across the entire value chain, according to Global Affairs Canada.
August 13, 2019, 6 AM MDT
The federal government is seeking public input until Aug. 30, 2019 on a draft strategic assessment of climate change.
August 13, 2019, 12 AM MDT
Corridor Resources Inc. says the New Brunswick government has advised the company that it is unable to consider applications for an exemption to the regional moratorium on hydraulic fracturing as they undertake a consultation process with the New Brunswick First Nations.
August 13, 2019, 8:58 AM MDT
With encouraging results from a third interval in the Lower Montney offsetting its Kakwa North lands, Questerre Energy Corporation’s chief executive says the company is evaluating a test well in the interval next year.
August 13, 2019, 8:30 AM MDT
Journey Energy Inc. is reducing its capital program to $22 to 23 million from $30 million in light of the continued volatility in commodity prices.
August 13, 2019, 12 AM MDT
Prairie Provident Resources Inc. achieved record production averaging 6,386 boe/d (69 per cent liquids) in the second quarter of 2919, up 24 per cent from 5,146 boe/d in the second quarter of 2018.
August 13, 2019, 12 AM MDT
Chinook Energy Inc. says it is “uncertain about our ability to access sufficient capital” to finance the company’s future operations given the continued weakness in the B.C. natural gas price related to export capacity constraints.
August 13, 2019, 12 AM MDT
Grant Wierzba resigned from the Chinook Energy Inc. board effective Aug. 8, 2019.
August 13, 2019, 12 AM MDT
Granite Oil Corp. drilled and completed its first development well since June 2018 in the second quarter of 2019.
August 13, 2019, 8:21 AM MDT
While Bri-Chem Corp. saw sales declines for the second quarter of 2019, management also managed to reduce the company’s net loss for the quarter.
August 13, 2019, 6 AM MDT
Vertex Resources Group Ltd. enjoyed increased revenue for the second quarter of this year as the company continues to provide stable and attractive opportunities beyond the oil and gas industry — for utilities, agriculture, municipalities and telecommunications customers.
August 13, 2019, 9:16 AM MDT
Obsidian Energy Ltd. announced the extension of its syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility remaining at $550 million and $460 million, respectively.
August 13, 2019, 7:54 AM MDT
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