Canada is “second to no one” in terms of its industry’s operational, safety or environmental standards, says Total Energy Services Inc. top brass, and politicians and business leaders should see rigs first-hand.
December 2, 2019, 9:01 AM MST
The Alberta government, already coping with the loss of billions of dollars in royalty and tax revenue from the province’s troubled oil and gas sector, has another problem on its hands.
December 2, 2019, 8:49 AM MST
In the Alberta budget released Oct. 24, 2019, the provincial government announced that it will eliminate the Alberta tax credit component of the Scientific Research & Experimental Development (SR&ED) program for expenditures incurred after Dec. 31, 2019.
December 2, 2019, 8:51 AM MST
Husky Energy Inc. says it plans capital spending of $3.2 billion to $3.4 billion for 2020, a reduction of $100 million from earlier guidance as it allocates less capital for Western Canada natural gas and conventional heavy oil.
December 2, 2019, 11:44 AM MST
Liquefied natural gas projects planned for eastern Canada represent a significant opportunity for Alberta’s gas producers to reach tidewater and access markets in western Europe.
December 2, 2019, 7:19 AM MST
December 2, 2019, 11:51 AM MST
In September, Suncor announced plans to replace its coke-fired boilers with two cogeneration units at its Oil Sands Base Plant which will be the equivalent of taking 550,000 cars off the road.
December 2, 2019, 7:16 AM MST
Having both worked for and owned local oil and gas businesses, Ray Frehlick has a unique understanding of the important role these companies play in small Canadian communities.
December 2, 2019, 7:36 AM MST
December 2, 2019, 10:23 AM MST
Glacier Resource Innovation Group (Glacier RIG Ltd.) launched on Oct. 1, 2019, as a division of Glacier Media Group. The new group is comprised of the existing JWN Energy Group, The Northern Miner Group and InfoMine Inc.
December 2, 2019, 9:57 AM MST
December 2, 2019, 10:27 AM MST
Obsidian Energy Ltd. appointed Stephen Loukas as interim president and CEO, effective Dec. 5, 2019.
December 2, 2019, 7:11 AM MST
Obsidian Energy Ltd. has completed drilling the 13 wells planned for 2019, with approval for nine wells in the first half of 2020, completing the Phase 2 Cardium program in the Willesden Green area.
December 2, 2019, 7:18 AM MST
The semi-annual borrowing base redetermination of Granite Oil Corp.’s credit facilities has been completed.
December 2, 2019, 7:23 AM MST
December 2, 2019, 9:40 AM MST
Cequence Energy Ltd.’s senior lender has completed a redetermination of the borrowing base under the company’s senior secured credit facility, and has confirmed the borrowing base remains at $7 million.
December 2, 2019, 2:15 PM MST
MEG Energy Corp. has successfully completed rail contracting to support its 2020 production guidance.
December 2, 2019, 6 AM MST
Husky Energy Inc. is providing notice that the company does not intend to exercise its right to redeem its cumulative redeemable preferred shares, Series 3, on Dec. 31, 2019.
December 2, 2019, 7:28 AM MST
Non-operated production interruptions in the Swan Hills and Kaybob areas in the third quarter of 2019 adversely affected Razor Energy Corp. production which was down 17 per cent from the previous year.
December 2, 2019, 9:29 AM MST
December 2, 2019, 7:36 AM MST
December 2, 2019, 7:32 AM MST
December 2, 2019, 12 AM MST