U.S. Gulf Coast refineries have made significant investments in technology that processes heavy crude in recent decades, and with the availability of heavy crude oil from other sources like Venezuela and Mexico declining those refineries will require larger volumes from Canada.
November 17, 2020, 6 AM MST
In light of the recent strength of natural gas prices and a relatively enticing forward strip, some Canadian natural gas-weighted producers are increasing capital programs or, in the case of Canadian Natural Resources Limited, diverting more spending to its natural gas assets.
November 17, 2020, 9:58 AM MST
CES Energy Solutions Corp. is letting some of what it sees as its more irresponsible competitors self-destruct, because unless there is attrition of those firms that would, for example, use their own balance sheets and “work on the cheap” to subsidize large oil companies, then the whole oilfield services space will keep feeling margin pressure.
November 17, 2020, 9:19 AM MST
CES Energy Solutions Corp. has been able to maintain and grow its commitment to a strong and high-quality customer base in the Canada and U.S., says management. The company’s Q3 results demonstrate diversification through operating efficiencies and capitalizing on the completed infrastructure buildout in both operating regions.
November 17, 2020, 9:36 AM MST
TC Energy Corporation says that it is “well positioned” to capture significant additional growth opportunities as the world both consumes more energy and transitions to a less carbon intensive energy mix.
November 17, 2020, 6:03 AM MST
Access to low-cost natural gas, experience in hydrogen production and carbon capture and storage and a vast network of pipeline infrastructure help make the Greater Edmonton region well-suited to become Canada's first hydrogen node, says a report released Monday.
November 17, 2020, 6:16 AM MST
The Canadian oil and gas industry is facing some of the biggest challenges in its history. A global pandemic has shaken a sector already undermined by a persistent glut of oil, anemic commodity prices, market access issues and mounting climate pressures.
November 17, 2020, 10:08 AM MST
Canada has all the elements that could make it a leader in the clean hydrogen economy that many see as a critical part of the future for energy in a low carbon world — but Canada must act fast if it hopes to capitalize on its advantages and secure its lead as several other countries make progress in the hydrogen race, according to GLJ Ltd.
November 17, 2020, 6 AM MST
COVID-19 and the need to follow physical distancing guidelines means that the 2021 PSAC STARS & Spurs Gala will undergo significant changes compared to prior years.
November 17, 2020, 6 AM MST
Following a MOU announced in September, TC Energy Corporation and Natural Law Energy (NLE) have signed a definitive agreement which allows NLE to make an equity investment of up to $1 billion in the Keystone XL pipeline project.
November 17, 2020, 7:14 AM MST
November 17, 2020, 8:17 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 17, 2020, as reported this morning by Rig Locator.
November 17, 2020, 11:31 AM MST
Sempra Energy’s subsidiary ECA Liquefaction (ECA LNG), a joint venture between Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), has reached a final investment decision (FID) for the development, construction and operation of the ECA LNG Phase 1 natural gas liquefaction-export project in Baja California, Mexico.
November 17, 2020, 11:22 AM MST
November 17, 2020, 11:06 AM MST
Michael Kaluza has stepped down as executive vice-president and chief operating officer of Vermilion Energy Inc., effective immediately.
November 17, 2020, 7:04 AM MST
November 17, 2020, 11:12 AM MST
November 17, 2020, 8:06 AM MST
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November 17, 2020, 7:49 AM MST
November 17, 2020, 8:01 AM MST
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