Finding how best to leverage Keystone XL pipeline already in the ground in Canada is something the Government of Alberta is working on with its TC Energy Corporation partner, says Doug Schweitzer, minister of Jobs, Economy and Innovation.
March 2, 2021, 6 AM MST
Although crude oil and natural gas prices have improved substantially from early pandemic lows, some North American E&Ps say they have no intention of raising capex even as spot and future prices escalate.
March 2, 2021, 9:41 AM MST
There are too many oilfield services firms in the market currently, given the energy-sector outlook for the foreseeable future, says top brass at NCS Multistage Holdings Inc.
March 2, 2021, 9:57 AM MST
Waterous Energy Fund (WEF) and subsidiary WEF Osum Acquisition Corp. says that the conditions on the offer to acquire up to 57 million common shares of Osum Oil Sands Corp. at $3 per share have been satisfied.
March 2, 2021, 10:14 AM MST
Finishing the $17 billion LNG Canada plant in Kitimat and the associated $6.6 billion Coastal GasLink pipeline on time and on budget promises to be one of the challenges facing LNG Canada’s CEO, Peter Zebedee, thanks to the COVID-19 pandemic.
March 2, 2021, 12 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of March 2, 2021, as reported this morning by Rig Locator.
March 2, 2021, 11:32 AM MST
New data from Evaluate Energy shows that 48 GW in existing and future solar power generation capacity has changed hands in 271 M&A transactions around the world in 2020.
March 2, 2021, 7:16 AM MST
The past five years have brought unparalleled changes to the Canadian oil and gas industry. A global pandemic, downward pressure on oil prices, emission reductions in response to new climate change initiatives, and increasing scrutiny from investors are just a few of the issues that are top of mind.
March 2, 2021, 6 AM MST
Vertex Resource Group Ltd. has acquired MAD Oilfield Solutions (MAD), a privately-held company providing environmental services specializing in industrial cleaning, waste management and hydro-excavating, based out of northern Alberta.
March 2, 2021, 3:01 PM MST
The Upper Devonian Duvernay Formation mudstone is an important hydrocarbon source rock in the Western Canada Sedimentary Basin and has been a significant unconventional reservoir since 2011.
March 2, 2021, 6 AM MST
The 2021 PSAC STARS & Spurs campaign has nearly reached the halfway point of its $1 million donation goal raising $450,000 at the first of three planned events for STARS Air Ambulance.
March 2, 2021, 9:44 AM MST
Journey Energy Inc. has formally terminated the purchase and sale agreement with the third-party purchaser for its recently-commissioned 4.2 megawatt power plant and the associated Countess natural gas assets.
March 2, 2021, 12 AM MST
March 2, 2021, 10:57 AM MST
March 2, 2021, 12 AM MST
Kelvin Johnston has resigned from Leucrotta Exploration Inc.’s board of directors due to an increased commitment with his other business interests.
March 2, 2021, 4:18 AM MST
March 2, 2021, 12 AM MST
March 2, 2021, 11:07 AM MST
Questerre Energy Corporation has commissioned a report by the International Reference Centre for Life Cycle Products, Services and Systems (CIRAIG) on producing hydrogen, including blue hydrogen, using its zero-emissions natural gas in Quebec.
March 2, 2021, 6:01 AM MST
The maturity date applicable to Perpetual Energy Inc.’s credit facility has been extended to April 30, 2021 and the $20 million borrowing limit maintained.
March 2, 2021, 4:12 AM MST
The ongoing COVID-19 pandemic significantly reduced Western Energy Services Corp. revenue by 40 per cent in the 2020 fourth quarter to $27.7 million from $45.8 million in the comparable 2019 period due mainly to reduced demand.
March 2, 2021, 6:27 AM MST
With renewed liquidity, and recent upward trend in commodity prices, Razor Energy Corp. has initiated its 46-well reactivation program which will continue throughout 2021 and into 2022.
March 2, 2021, 12 AM MST
March 2, 2021, 12 AM MST
March 2, 2021, 8:18 AM MST
March 2, 2021, 11:15 AM MST
March 2, 2021, 8:33 AM MST
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