In an age of COVID-19, “counterparty risk is actually everywhere,” says top brass at Mullen Group Ltd., which largely is why the company is considering temporarily storing crude in its tankers.
April 24, 2020, 7 AM MDT
Producers rig released 1,784 wells across Canada in the first quarter of 2020, excluding experimental holes, an increase of 17 per cent from 1,522 wells drilled in Q1 2019 — although the stats for March indicate the coming drilling decline due to the COVID-19 pandemic and lower oil prices.
April 24, 2020, 11:24 AM MDT
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry. Today, we feature the best in Environmental Excellence in the subcategory of Cleantech: Air.
April 24, 2020, 6:22 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 24, 2020, as reported this morning by Rig Locator.
April 24, 2020, 11:17 AM MDT
The U.S. rig count is down 64 rigs from last week to 465 with oil rigs down 60 to 378, gas rigs down four to 85, and miscellaneous rigs unchanged at two, according to Baker Hughes.
April 24, 2020, 11:12 AM MDT
2019 was a very positive year for the Latin American upstream industry, according to analysis provided in the latest report released by Evaluate Energy, the Daily Oil Bulletin and Sproule.
April 24, 2020, 7:35 AM MDT
April 24, 2020, 7:19 AM MDT
Gain fresh insight into contract pricing and changing E&P oil and gas hedging trends in this insightful 30-minute webinar from Evaluate Energy analysts. This will include estimates of the financial impact hedging will have on upstream industry earnings.
April 24, 2020, 7 AM MDT
April 24, 2020, 12 AM MDT
TC Energy Corporation says that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has reached a five-year negotiated revenue requirement settlement with its customers and other interested parties from 2020 to 2024.
April 24, 2020, 7:57 AM MDT
April 24, 2020, 11:08 AM MDT
The “30,000-foot-view,” in business parlance, describes getting to a high enough level to see the big picture. It’s also an apt phrase — both literally and figuratively — for describing the long-term need for Canadian LNG to displace the use of higher-carbon producing coal for power generation.
April 24, 2020, 7:14 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 24, 2020, 7:04 AM MDT
April 24, 2020, 11:48 AM MDT
April 24, 2020, 9:36 AM MDT
April 24, 2020, 9:32 AM MDT
April 24, 2020, 9:27 AM MDT
In addition to the company's existing hedge book, Kelt Exploration Ltd. has entered into new hedge contracts.
April 24, 2020, 12 AM MDT
Inter Pipeline Ltd. has entered into a new $1 billion unsecured revolving credit facility with a syndicate of key lenders.
April 24, 2020, 10:27 AM MDT
April 24, 2020, 11:16 AM MDT
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April 24, 2020, 8:44 AM MDT
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