Small-scale LNG and compressed natural gas (CNG) can play an important role in meeting a variety of regional energy needs in Canada while reducing greenhouse gas emissions, speakers told a recent Canadian LNG conference held at the Toronto Stock Exchange.
March 12, 2020, 9:52 AM MDT
Husky Energy Inc. is lowering the boom on its spending outlook, dropping the 2020 capital program by $900 million, which is a 33 per cent reduction in upstream spending. There are also $100 million in additional cost-saving measures announced.
March 12, 2020, 3:56 PM MDT
In its annual report released today, Royal Dutch Shell plc said Groundbirch has the potential to be an “integral part” of the LNG Canada value chain.
March 12, 2020, 9:28 AM MDT
Murphy Oil Corporation’s revised 2020 budget is $950 million.
March 12, 2020, 6:43 AM MDT
Gear Energy Ltd. estimates $13 million in capital spending, including an estimated $11 million of capital invested through the first quarter of 2020, a 74 per cent reduction from the original $50 million capital budget released in December.
March 12, 2020, 3:52 AM MDT
Painted Pony Energy Ltd. is taking a cautious approach to capital spending with a budget range of $25 million to $30 million earmarked for the first half of 2020.
March 12, 2020, 4:17 PM MDT
TC Energy Corporation’s NOVA Gas Transmission Ltd. (NGTL), announced an exclusive letter of intent with Tidewater Midstream and Infrastructure Ltd. and TransAlta Corporation to purchase the Pioneer Pipeline for $255 million.
March 12, 2020, 7:17 AM MDT
March 12, 2020, 7:47 AM MDT
Montney natural gas producer Pipestone Energy Corp. is deferring approximately $70 million in drilling and completion related activity in 2020, reducing forecast capital spending program to a midpoint of $60 million from its previous forecast of $150 million.
March 12, 2020, 11:11 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 12, 2020, as reported this morning by Rig Locator.
March 12, 2020, 11:42 AM MDT
March 12, 2020, 8:10 AM MDT
Journey Energy Inc. has been ordered to pay a $125,000 fine for a pipeline failure that happened in June 2017, said the Alberta Energy Regulator (AER).
March 12, 2020, 1:53 PM MDT
Ovintiv Inc. announced plans to immediately reduce second quarter 2020 capital investments by $300 million and full year cash costs by $100 million.
March 12, 2020, 12:27 PM MDT
Pine Cliff Energy Ltd. expanded its prospect inventory by identifying prospective drilling locations on its existing land base and drilling two 100 per cent Pekisko oils wells during the fourth quarter.
March 12, 2020, 4:24 PM MDT
Marty Staples, currently manager land at Tourmaline Oil Corp., will be joining Topaz as the president and chief executive officer.
March 12, 2020, 7 AM MDT
March 12, 2020, 10:52 AM MDT
Crew Energy Inc. has set a range for its 2020 capital budget of $35 million to $45 million, of which 60 per cent will be allocated to the first half of the year.
March 12, 2020, 7:40 AM MDT
Delphi Energy Corp. reported average fourth quarter production of 7,022 boe/d was down 26 per cent from the 9,444 boe/d in the comparative quarter of 2018 as no additional production has been brought onstream since the second quarter of 2019.
March 12, 2020, 8:50 AM MDT
March 12, 2020, 7:53 AM MDT
March 12, 2020, 7:36 AM MDT
March 12, 2020, 8:02 AM MDT