If one thinks about Ontario energy, the province’s nuclear and hydroelectric “crown jewels” likely come to mind, says Rocco Rossi, president and chief executive officer of the Ontario Chamber of Commerce (OCC).
March 4, 2021, 8:55 AM MST
Despite the challenges of COVID-19 in 2020, Canadian Natural Resource Limited had a strong year operationally as it ramped-up curtailed volumes and brought on new production throughout the year on its way to setting a corporate record for output.
March 4, 2021, 10:22 AM MST
Canadian Natural Resources Limited’s 2020 North America annual natural gas production was strong and in line with 2019 output averaging 1.45 bcf/d, with healthy base production, highly economic volume additions and the acquisition of Painted Pony Energy Ltd. in the second half of the year, resulting in significant exit rate volumes of 1.62 bcf/d in December 2020.
March 4, 2021, 10:53 AM MST
While oil prices have surged, MEG Energy Corp.’s president and CEO says the company will wait until this recovery has “staying power” before deploying more capital.
March 4, 2021, 8:04 AM MST
March 4, 2021, 10:59 AM MST
After being pummeled by the COVID-19 pandemic and price crash in 2020, Calfrac Well Services Ltd. is going into 2021 a leaner, more agile company on firmer financial footing.
March 4, 2021, 8:30 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 4, 2021, 6 AM MST
With field activity gradually improving as oil and gas demand and prices increase, oilfield services need a bigger piece of the pie if customers expect the sector to continue to invest long-term, Calfrac Well Services Ltd. president and chief operating officer Lindsay Link told analysts during the company’s fourth quarter conference call.
March 4, 2021, 2:27 PM MST
Peyto Exploration & Development Corp. management is optimistic for 2021, with plans to run four drilling rigs throughout the year, including two rigs during spring breakup, as well as one in Sundance and one in Brazeau.
March 4, 2021, 1:04 PM MST
March 4, 2021, 12 AM MST
The federal government announced $2 million in funding for the Yukon government to explore the potential of geothermal energy as a long-term source of renewable energy for communities currently powered by diesel.
March 4, 2021, 1:11 PM MST
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March 4, 2021, 9:28 AM MST
The BC Oil and Gas Commission (OGC) board has approved a new Oil and Gas Processing Facility Regulation (OGPFR).
March 4, 2021, 4:06 PM MST
Yangarra Resources Ltd. set its 2021 capital budget at $60 million prior to the announcement of multiple COVID-19 vaccines when WTI prices hovered around US$45/bbl.
March 4, 2021, 3:32 PM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of March 4, 2021, as reported this morning by Rig Locator.
March 4, 2021, 11:30 AM MST
Essential Energy Services Ltd.’s 2021 capital budget is $5.4 million, which includes spending on critical maintenance activities and funds available for growth capital.
March 4, 2021, 9:40 AM MST
Athabasca Oil Corporation is forecasting a 2021 capital budget of $100 million ($95 million Thermal Oil and $5 million Light Oil), up from the previous estimate of $75 million.
March 4, 2021, 6:06 AM MST
Seven Generations Energy Ltd. has issued notices of conditional redemption to holders of senior notes.
March 4, 2021, 6 PM MST
ARC Resources Ltd. announced an offering of C$1 billion aggregate principal amount of senior unsecured notes.
March 4, 2021, 6 PM MST
Yangarra Resources Ltd. has identified two new individuals to be nominated as board members at the company's upcoming annual general meeting of shareholders.
March 4, 2021, 3:03 PM MST
Ovintiv Inc. has appointed Katherine L. Minyard as an independent member.
March 4, 2021, 4:58 AM MST
Don't Miss this opportunity to hear from Dan Wicklum & David Layzell from The Transition Accelerator as they discuss a new energy frontier, the challenges ahead, the process & the technology, and more importantly, the potential that exists for Canada in this nascent parallel energy industry!
March 4, 2021, 6 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 4, 2021, 6:56 AM MST
ARM Energy Holdings, LLC has acquired Boomerang Energy Marketing, a Calgary-based energy marketing firm.
March 4, 2021, 8:15 AM MST
Inter Pipeline Ltd. has joined the Alliance to End Plastic Waste, an international non-profit organization with the vision of ending plastic waste in the environment.
March 4, 2021, 8:11 AM MST
TC Energy Corporation says that TransCanada Trust, a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), has closed an offering of $500 million of 4.20 per cent subordinated trust notes, Series 2021-A, due March 4, 2081, guaranteed on a subordinated basis by TCPL.
March 4, 2021, 9:06 AM MST
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