Surviving and adapting to new challenges, crises and realities is nothing new for oil and gas companies operating in Canada.
April 13, 2020, 7:44 AM MDT
In light of the challenges currently facing Alberta’s energy sector, Alberta Energy is deferring all land sales and direct purchases of petroleum and natural gas (P&NG) and oilsands mineral rights for a minimum of 90 days.
April 13, 2020, 8:33 AM MDT
Campus Energy Partners Suffield LP has filed an application with the Canada Energy Regulator (CER) for the approval of revised tolls and conditions of service for its Suffield pipeline system, effective July 1, 2019.
April 13, 2020, 9:27 AM MDT
Times are presently extremely tough for the global, North American and Canadian oil and gas industries, with the double whammy of COVID-19 demand destruction and oil price war hammering prices lower. But there are reasons for optimism according to Justin Mogck, director of commodities research at Calgary-based GLJ Petroleum Consultants, as of mid-year and through 2025.
April 13, 2020, 9:53 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 13, 2020, as reported this morning by Rig Locator.
April 13, 2020, 11:37 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. Here is the list of our coming online seminars which will be conducted at 10 am (Calgary local time) for 1 hour:
April 13, 2020, 6:52 AM MDT
Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.
April 13, 2020, 6:54 AM MDT
April 13, 2020, 12 AM MDT
April 13, 2020, 8:48 AM MDT
April 13, 2020, 8:44 AM MDT
April 13, 2020, 8:39 AM MDT
April 13, 2020, 11:03 AM MDT
April 13, 2020, 11:12 AM MDT
Energy Minister Sonya Savage in a ministerial order has temporarily suspended a number of reporting requirements that affect the energy industry, citing the COVID-19 outbreak that may affect the availability of industry staff and limit capacity to comply with reporting requirements.
April 13, 2020, 10:29 AM MDT
Advantage Oil & Gas Ltd. is selling a 12.5 per cent interest in the Glacier gas plant to a strategic partner for $100 million cash proceeds.
April 13, 2020, 7:50 AM MDT
April 13, 2020, 10:51 AM MDT
CWC Energy Services Corp. will renew its normal course issuer bid (NCIB) to purchase for cancellation, from time to time, as CWC considers advisable, a maximum of 25.34 million common shares.
April 13, 2020, 3:49 PM MDT
Freehold Royalties Ltd. has declared a dividend of $0.015 per common share to be paid on May 15, 2020 to shareholders of record on April 30, 2020, which is reduced from the previous monthly dividend level of $0.0525.
April 13, 2020, 12 AM MDT
Highwood Oil Company Ltd. has chosen to cease all non-discretionary capital activity for the balance of 2020 until realized pricing in Western Canada rebounds from historic lows.
April 13, 2020, 12 AM MDT
April 13, 2020, 8:24 AM MDT
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