S&P Global Ratings’s warning last week of pending oil company credit ratings cuts — which includes Canadian oilsands companies — is just one more indication the world is changing rapidly, and Canada needs to get on board, according to Natural Resources Minister Seamus O’Regan.
February 2, 2021, 12 AM MST
History shows that the sorts of attacks directed at the oil and gas industry by renewables proponents are to be expected as being part of the business behind any energy transition, says Peter Tertzakian, deputy director of the ARC Energy Research Institute.
February 2, 2021, 4:25 AM MST
While carbon capture utilization and sequestration (CCUS) has emerged as an effective route to clean energy, it comes with barriers.
February 2, 2021, 8:03 AM MST
On Jan. 27, U.S. President Joe Biden signed a new raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, as he pursues green policies he billed as a boon for job creation.
February 2, 2021, 8:27 AM MST
Imperial Oil Limited reported net losses of $1.15 billion and $1.86 billion for Q4 and year-end 2020, reflecting a non-cash impairment charge of $1.17 billion after-tax in the fourth quarter, which relates to a previously-announced decision to no longer develop a significant portion of the company’s unconventional portfolio.
February 2, 2021, 8:20 AM MST
As momentum builds to transition to a low-emissions economy partly powered by hydrogen, there are a number of rapidly evolving pieces to the puzzle in order to make the transition a successful, and profitable one.
February 2, 2021, 6 AM MST
The energy industry has mixed views on how successful the federal and Alberta governments have been in advancing Canada’s sustainability story, according the results of a Daily Oil Bulletin survey of executives and ESG professionals conducted late in 2020.
February 2, 2021, 9:19 AM MST
Among producers focused solely on a North American asset base, Ovintiv Inc. recorded the highest capital spend in Q3 2020 at US$351 million, based on data released today by Evaluate Energy.
February 2, 2021, 8:28 AM MST
ConocoPhillips swung to a net loss in Canada for 2020, a year in which the consolidated operation also reported red ink during a tough year.
February 2, 2021, 8:50 AM MST
February 2, 2021, 11:08 AM MST
Imperial Oil Limited will be engaging with its majority owner, Exxon Mobil Corporation, to see if the Canadian producer can benefit from the U.S. oil major’s new division established to commercialize technologies that reduce carbon emissions.
February 2, 2021, 1:27 PM MST
AltaGas Ltd. appointed a new independent director, Jon-Al Duplantier, effective today.
February 2, 2021, 6:09 AM MST
Imperial Oil Limited’s Kearl oilsands project started off 2021 on a strong note, achieving the highest production for the month of January for the asset at more than 250,000 bbls/d.
February 2, 2021, 1:35 PM MST
Imperial Oil Limited had some capacity reserved on the proposed Keystone XL pipeline, which had its presidential permit revoked by President Joe Biden.
February 2, 2021, 4:17 PM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 2, 2021, as reported this morning by Rig Locator.
February 2, 2021, 11:34 AM MST
February 2, 2021, 8:14 AM MST
The Natural Gas Innovation Fund (NGIF) invested $250,000 in Hiller Truck Tech’s (HTT) dual-fuel engine technology for heavy-duty vehicles.
February 2, 2021, 9:58 AM MST
February 2, 2021, 10:50 AM MST
February 2, 2021, 8:09 AM MST
February 2, 2021, 8:27 AM MST