Royal Dutch Shell released its latest round of long-term global energy scenarios earlier this month, conveniently pushing the outlook period from 2070 to 2100, with the potential of cataclysmic climate change looming large over the remainder of this century.
February 24, 2021, 6 AM MST
While some sectors of the economy have found viable pathways to decarbonization, like the power sector via increasingly lower-cost renewables, other more hard-to-decarbonize industries are still searching for low-carbon alternatives.
February 24, 2021, 7:59 AM MST
Two companies participating in last week’s M&A deals involving the Montney and Duvernay plays have announced plans to increase their capital spending budgets.
February 24, 2021, 11:45 AM MST
The total amount of capital raised in the Canadian oil and natural gas industry in 2020 more than doubled from the previous year. In 2020, there was a total of $10.9 billion in capital raised, compared to $5.4 billion in 2019.
February 24, 2021, 8:19 AM MST
Trican Well Service Ltd. has strengthened its liquidity and financial position post-Q4 2020 through agreements to sell non-core assets and businesses for proceeds of more than $7 million, which includes the signing of a definitive agreement to sell its software business for estimated proceeds of $6 million.
February 24, 2021, 5:57 AM MST
Following through on an election campaign promise by Premier Jason Kenney, the Alberta government is before the Alberta Court of Appeal this week with a constitutional challenge to federal Bill C-69, the Environmental Assessment Act.
February 24, 2021, 12 AM MST
ConocoPhillips Canada has a long-standing principle that “our work is never so urgent or important that we cannot take time to do it safely and in an environmentally responsible manner.”
February 24, 2021, 10:44 AM MST
PetroLMI has released December 2020 and Annual 2020 data from Statistics Canada’s Labour Force Survey (LFS), providing a glimpse into the state of the Canadian oil and gas industry labour market at year-end.
February 24, 2021, 6 AM MST
Salt Bush Energy Ltd. (the “Company”), in connection with its Notice of Intention to Make a Proposal (the “NOI Proceedings”) commenced on January 13, 2021 pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, has commenced a sale and investment solicitation procedure (“SISP”).
February 24, 2021, 6 AM MST
February 24, 2021, 7:43 AM MST
Crescent Point Energy Corp. says annual average production in 2020 of 121,642 boe/d was slightly above production guidance of 121,000 boe/d.
February 24, 2021, 8:55 AM MST
February 24, 2021, 8:38 AM MST
Obsidian Energy Ltd. has entered into an agreement with lenders to extend the syndicated credit facility to March 31, 2021.
February 24, 2021, 4:59 PM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 24, 2021, as reported this morning by Rig Locator.
February 24, 2021, 11:31 AM MST
ClearStream Energy Services Inc. announced several new project awards and contract renewals that were booked with major upstream, midstream and downstream energy companies across North America during the period from Oct. 1, 2020 to Feb. 24, 2021.
February 24, 2021, 4:43 PM MST
Former TC Energy Corporation president and CEO Russ Girling will stand for election to the Suncor Energy Inc. board of directors at the company’s next annual general meeting scheduled for May 4, 2021.
February 24, 2021, 4:37 PM MST
Blackheath Resources Inc. and Wolverine Energy and Infrastructure Inc. have named the proposed board of directors and management team of Green Impact Partners Inc. (GIP).
February 24, 2021, 2:52 PM MST
February 24, 2021, 12 AM MST
Distinction Energy Corp., the former Delphi Energy Corp., has closed a brokered private placement and a non-brokered private placement.
February 24, 2021, 2:56 PM MST
February 24, 2021, 9:05 AM MST
With recent commodity price recovery and additional liquidity provided by its lender, Prairie Provident Resources Inc. has restarted its development program focusing on the Glauconite and Ellerslie formations in the Princess area.
February 24, 2021, 9:13 AM MST
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February 24, 2021, 8:59 AM MST
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