Gas consumption is expected to fall by four per cent in 2020 due to lower heating demand from the warm winter, the implementation of lockdown measures in almost all countries and territories to slow the spread of COVID-19, and a lower level of activity caused by the virus-induced macroeconomic crisis, the International Energy Agency (IEA) forecast today.
June 10, 2020, 4:59 AM MDT
Global natural gas production continued to climb at a rapid pace, up by three per cent in 2019, surpassing the four tcm mark for the first time in history, the International Energy Agency (IEA) reported.
June 10, 2020, 5:11 AM MDT
The Alberta Energy Regulator (AER) says it will be reviewing updated public health information and assessing how to adjust temporary suspensions on environmental monitoring and reporting requirements to align with Stage 2 of the relaunch of the economy to begin June 12.
June 10, 2020, 8:48 AM MDT
Despite the COVID-19 crisis consuming the immediate attention of oil and gas companies, with prices that crashed and plunging demand roiling business plans, the industry recognizes that pressure to report on ESG strategies will continue. In sum, companies are continuing to include ESG into their strategic planning.
June 10, 2020, 7:14 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of June 10, 2020, as reported this morning by Rig Locator.
June 10, 2020, 11:34 AM MDT
The Daily Oil Bulletin and Fluor Canada are searching for the best and brightest in the Canadian oil and gas industry to be our Rising Stars of 2020.
June 10, 2020, 6 AM MDT
Dave Nikolejsin, B.C.'s deputy minister of Energy, Mines and Petroleum Resources, has quit, and in a letter sent to colleagues appears to caution the NDP government against being too restrictive when it comes to its policies on natural resources.
June 10, 2020, 2:50 PM MDT
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Vertex Resource Group Ltd. reports that for the third year in a row, it increased revenues and adjusted EBITDA year over year, although the company saw in a decline in these metrics in Q4 from the prior year due to oil production curtailments and a reduction in capital spending by clients.
June 10, 2020, 11:15 AM MDT
Questerre Energy Corporation added Mireille Fontaine to its board of directors.
June 10, 2020, 5:26 AM MDT
AltaGas Ltd. has completed its issue of $500 million of senior unsecured medium term notes with a coupon rate of 2.157 per cent, maturing on June 10, 2025.
June 10, 2020, 9:04 AM MDT
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