The various COVID-19-related federal government aid programs that can be accessed by the Canadian oil and gas sector continue to garner mixed reviews as some have been well received while others criticized for their slow rollout and prohibitive guidelines.
June 29, 2020, 7:16 AM MDT
Alberta’s newly-announced recovery plan will create tens of thousands of jobs, making for a more productive long-term economy thanks in part to massive infrastructure projects — totalling $10 billion — that aim to immediately give people jobs building pipelines, natural gas lines, roads, bridges, overpasses, water projects, and more, announced the government.
June 29, 2020, 3:10 PM MDT
Every energy source — renewables, fossil fuel-based, or other — has significant benefits while also carrying significant costs and risks, both economic and environmental, says Brad Hayes, president of Petrel Robertson Consulting Ltd.
June 29, 2020, 7:26 AM MDT
Comparative advantages matter for Alberta as the government looks at rebuilding the provincial economy, says Blake Shaffer, assistant professor who focuses on electricity markets, climate policy and energy transitions in the department of economics and School of Public Policy at the University of Calgary.
June 29, 2020, 10:13 AM MDT
MEG Energy Corp. and Murphy Oil Corporation were two North American oil producers that made significant gains from hedging strategies in Q1 2020.
June 29, 2020, 12 AM MDT
From riding high to bankruptcy, Chesapeake Energy Corporation’s decline will shock many in the industry. Evaluate Energy tracks Chesapeake’s cash and financing gap over 10 years.
June 29, 2020, 11:23 AM MDT
June 29, 2020, 7:29 AM MDT
On 4 May 2020, Ernst & Young Inc. was appointed as the court-appointed Receiver (the “Receiver”) of BOS Solutions Ltd., BOS Solutions Inc., BOS LeaseCo LLC, BOS Solutions Real Estate Inc., and BOS USHoldCo Inc., (collectively "BOS Solutions”), pursuant to an order of the Court of Queen’s Bench of Alberta.
June 29, 2020, 7:39 AM MDT
One of Canadian Global Exploration Forum’s Directors recently sat down (virtually) with Corey Ruttan, CEO of CGEF Member Company Alvopetro Energy Ltd.
June 29, 2020, 7:36 AM MDT
The Canada Energy Regulator (CER) has approved Trans Mountain Pipeline ULC’s application for the Coquihalla Crossing No. 15 and 16 replacement project.
June 29, 2020, 6 AM MDT
June 29, 2020, 11:01 AM MDT
Due to technical issues, Rig Locator was not updated this morning with the latest rig activity. The same issue is affecting the publishing of other data reports. We will update this afternoon if possible.
June 29, 2020, 11:34 AM MDT
Canadian National Railway Company says it plans to invest approximately $305 million across Alberta in 2020 as part of its strategic investments to support growing demand and enable supply chains.
June 29, 2020, 12 AM MDT
GeoVerra, one of the country’s largest geomatics firms with offices in Western Canada and Ontario, opened its doors for business on Monday as the transaction between Altus Group and WSP closed this past weekend.
June 29, 2020, 8:46 AM MDT
Petrus Resources Ltd.’s syndicate of lenders has extended the borrowing base termination date on its revolving credit facility agreement from June 29, 2020 to July 6, 2020.
June 29, 2020, 2:46 PM MDT
Saturn Oil & Gas Inc. has approved an option grant to certain members of management (excluding the CEO) an aggregate total of 3.875 million stock options at a price of 10 cents per common share.
June 29, 2020, 6 AM MDT
CNOOC Limited made a significant discovery of Huizhou 26-6 in the Eastern South China Sea.
June 29, 2020, 6 AM MDT
The TSX Venture Exchange has accepted Hemisphere Energy Corporation’s notice of intention to renew its normal course issuer bid (NCIB).
June 29, 2020, 10:27 AM MDT
Consistent with TransGlobe Energy Corporation’s revised 2020 budget, there has been no drilling or completion activity during Q2 2020.
June 29, 2020, 10:33 AM MDT
June 29, 2020, 7:33 AM MDT
June 29, 2020, 7:25 AM MDT
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