While there have been plenty of downturns before, global crude markets have never experienced the kind of “dramatic shift over such a short time frame” as has been witnessed in the current event, making for a “truly unprecedented” time of challenge for the sector, says a Sproule Associates Ltd. official.
April 28, 2020, 12 AM MDT
The current crude environment of oversupply and a vast reduction in demand has resulted in a “total reset” for the U.S. market and will affect three plays recently evaluated by Sproule Associates Ltd. differently, the firm says.
April 28, 2020, 12 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: Water.
April 28, 2020, 6 AM MDT
Canadian National Railway Company expects the majority of crude volumes it moves in the second quarter of this year will be heavy, undiluted crude, albeit at a reduced run rate given current market conditions.
April 28, 2020, 12 AM MDT
Producers working across the Western Canadian Sedimentary Basin continue to accelerate shut-in of currently uneconomic production to improve their balance sheets.
April 28, 2020, 11:28 AM MDT
Secure Energy Services Inc. will continue to control what it can control during the current industry cycle, says top brass. And while things such as commodity prices and demand, supply and inventory, as well as how those factors will “shake out” long-term are beyond the company’s control, other things are within its purview.
April 28, 2020, 11:22 AM MDT
April 28, 2020, 6 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 28, 2020, 6 AM MDT
The Canadian Mining Journal provides content on new mining and exploration trends, technologies, mining operations and corporate developments within Canada.
April 28, 2020, 6 AM MDT
Brad Peterson readily acknowledges that among the gloom and doom gripping the Canadian energy industry, he’s one of the fortunate ones — and he intends to keep on sharing his good fortune.
April 28, 2020, 12 AM MDT
April 28, 2020, 8:36 AM MDT
The Canada Energy Regulator (CER) has approved an application from Trans Mountain Pipeline ULC for final tolls for 2020, effective May 1, 2020.
April 28, 2020, 10:45 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 28, 2020, as reported this morning by Rig Locator.
April 28, 2020, 11:35 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 28, 2020, 6 AM MDT
The Alberta Energy Regulator (AER) will hold a public hearing on an application from Peyto Exploration & Development Corp. under the Oil and Gas Conservation Act for a compulsory pooling order for the production of gas and associated petroleum products in a drilling spacing unit in 35-55-22W5.
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