Canadian oilfield services companies had to adjust to COVID-19 and a dramatic drop in oil prices near the end of the first quarter.
June 1, 2020, 6:32 AM MDT
COVID-19 presents an opportunity for ‘Big Oil’ companies to accelerate their energy transition through mergers and acquisitions, says Gero Farruggio, head of global renewables at Rystad Energy AS.
June 1, 2020, 6:49 AM MDT
Trans Mountain kicked off pipeline construction in British Columbia today with work beginning in Kamloops.
June 1, 2020, 7:26 AM MDT
The Canada Energy Regulator (CER) has granted a notice of motion from Trans Mountain Pipeline ULC that the detailed route hearing in central British Columbia be limited to the portion of the expansion route that overlaps with the Sema:th First Nation core territory.
June 1, 2020, 9:22 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of June 1, 2020, as reported this morning by Rig Locator.
June 1, 2020, 11:32 AM MDT
The PetroLMI Division of Energy Safety Canada has released new data on its Careers in Oil + Gas website to enhance the available labour market information for the oil and gas industry.
June 1, 2020, 7:01 AM MDT
June 1, 2020, 8:37 AM MDT
June 1, 2020, 8:51 AM MDT
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June 1, 2020, 11:12 AM MDT
Journey Energy Inc. received an extension to its forbearance agreement with its banking syndicate.
June 1, 2020, 12 AM MDT
InPlay Oil Corp. received an extension of its annual borrowing base redetermination.
June 1, 2020, 12 AM MDT
Bonterra Energy Corp. announced an agreement with its syndicate of lenders to extend the annual borrowing base redetermination date on its credit facility from May 29 to June 30, 2020.
June 1, 2020, 6:54 AM MDT
Athabasca Oil Corporation has completed the annual review of its credit facilities.
June 1, 2020, 7:30 AM MDT
Spartan Delta Corp. closed the acquisition of substantially all of the assets of Bellatrix Exploration Ltd.
June 1, 2020, 8:15 PM MDT
The Impact Assessment Agency of Canada (IAAC) has accepted an initial project description for the proposed Tilbury Phase 2 LNG expansion project, located on Tilbury Island, in Delta, British Columbia.
June 1, 2020, 2:34 PM MDT
Cequence Energy Ltd. has started a strategic process to identify and pursue potential strategic options and alternatives to maximize the value for its stakeholders, which will be carried out under the Companies’ Creditors Arrangement Act (CCAA).
June 1, 2020, 12 AM MDT
Pieridae Energy Limited’s common shares have been approved for listing on the Toronto Stock Exchange (TSX) and are expected to begin trading on the exchange at the opening of the market on June 3, 2020.
June 1, 2020, 7:34 AM MDT
Husky Energy Inc. does not intend to exercise its right to redeem its cumulative redeemable preferred shares, Series 7 on June 30, 2020.
June 1, 2020, 10:43 AM MDT
Pembina Pipeline Corporation does not intend to exercise its right to redeem the currently outstanding cumulative redeemable rate reset Class A preferred shares, Series 19 on June 30, 2020.
June 1, 2020, 10:48 AM MDT
June 1, 2020, 11:06 AM MDT
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June 1, 2020, 9:02 AM MDT
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June 1, 2020, 1:52 PM MDT
Energy companies are developing new playbooks to manage the transformation of their businesses under extreme volatility.
June 1, 2020, 1:56 PM MDT
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