The federal government will provide $1.7 billion to clean up orphan and inactive wells in Alberta, Saskatchewan and British Columbia, Prime Minister Justin Trudeau said this morning.
April 17, 2020, 9:56 AM MDT
Pieridae Energy Limited is in discussions with different levels of government on how its proposed Goldboro LNG project could benefit from infrastructure funding that might become available with the restart to the economy, says its chief executive officer.
April 17, 2020, 6:20 AM MDT
While the oil and gas industry grapples with the continuing fallout of coronavirus, companies are nonetheless finding ways to support community and government efforts in dealing with the pandemic.
April 17, 2020, 7:24 AM MDT
Canada’s oil and gas industry is facing disaster as the collapse in oil demand due to the COVID-19 pandemic results in record low prices, and as the carnage plays out it will devastate the Canadian economy as a whole, according to the over 600 respondents to the Daily Oil Bulletin COVID-19 Response survey.
April 17, 2020, 10:15 AM MDT
As workplace infections spread in Alberta, the Alberta Federation of Labour has called on the Alberta government to reassess its approach to keeping workers and the public safe during the COVID-19 pandemic.
April 17, 2020, 9:35 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 17, 2020, as reported this morning by Rig Locator.
April 17, 2020, 11:19 AM MDT
The U.S. rig count is down 73 rigs from last week to 529 with oil rigs down 66 to 438, gas rigs down seven to 89, and miscellaneous rigs unchanged at two, according to Baker Hughes.
April 17, 2020, 11:10 AM MDT
Evaluate Energy, the leading provider of essential data to Oil & Gas and Renewable Energy markets, is launching a new forecasting tool to assess the impact of COVID-19 on global petroleum demand.
April 17, 2020, 6 AM MDT
April 17, 2020, 12 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 17, 2020, 6 AM MDT
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April 17, 2020, 10:58 AM MDT
CES Energy Solutions Corp. is suspending its monthly dividend, given the current weakness in demand from COVID-19 and other market matters driven by OPEC+.
April 17, 2020, 7:43 AM MDT
All third-party infrastructure is now in place at the Pipestone gas plant and throughput has reached design capacity with volumes currently averaging 95 mmcf/d, says Tidewater Midstream and Infrastructure Ltd.
April 17, 2020, 8:53 AM MDT
April 17, 2020, 9:33 AM MDT
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April 17, 2020, 11:18 AM MDT
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