Could renewables come out a winner given the current state of the energy sector, as investors looking at oil and gas versus renewables decide renewable investments are safer right now given the lower oil prices? That is a possibility Binnu Jeyakumar sees, at least to some degree, given COVID-19 and the Saudi-Russia oil price war.
April 6, 2020, 7:21 AM MDT
Trans Mountain Pipeline ULC has warned that a delay in the S’ólh Téméxw Stewardship Alliance (STSA) Phase 1 detailed route hearing in the British Columbia Interior could cause “material adverse impacts” to the expansion project and the Canadian public interest.
April 6, 2020, 11:24 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 6, 2020, as reported this morning by Rig Locator.
April 6, 2020, 11:37 AM MDT
For oil and gas operators today, remaining competitive means drilling longer laterals with less downtime, while creating the best possible balance of cost efficiencies.
April 6, 2020, 6:37 AM MDT
PMG is pleased to announce the start of “short and sweet” online complimentary training seminars that will keep you motivated in this difficult time, by Mr. Saad Ibrahim.
April 6, 2020, 6:51 AM MDT
The sudden, dramatic fall in oil prices has forced many oil producers to adjust every aspect of their 2020 plans. Capital spending has been slashed while some acquisition or divestment plans have been put on hold.
April 6, 2020, 6:46 AM MDT
Trican Well Service Ltd. has reduced its hydraulic fracturing crew count by half to four active crews, with plans to adjust its cement and coiled-tubing business by similar levels, in response to COVID-19 and a Saudi-Russia oil price war impacting customer activity levels. The company expects Q1 severance costs of approximately $4 million.
April 6, 2020, 7:48 AM MDT
April 6, 2020, 11:06 AM MDT
At a time when it feels like all we can see are problems, it is worth taking a moment to think about what solutions should come next.
April 6, 2020, 6:40 AM MDT
The COVID-19 pandemic has changed our world overnight. We are all dealing with tremendous change and uncertainty in all aspects of our lives.
April 6, 2020, 6:44 AM MDT
The president of an oil and gas consulting firm has been appointed by cabinet to a five-year term as chair of the Alberta Energy Regulator (AER) board of directors, effective April 15.
April 6, 2020, 12 AM MDT
April 6, 2020, 7:55 AM MDT
April 6, 2020, 7:50 AM MDT
Pembina Pipeline Corporation has entered into a new $800 million unsecured revolving credit facility with certain existing key lenders.
April 6, 2020, 8:26 AM MDT
April 6, 2020, 10:51 AM MDT
April 6, 2020, 7:45 AM MDT
April 6, 2020, 7:36 AM MDT
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