Canada is now one of more than 72 countries that have committed to net zero emissions by 2050. And one way or the other, that means big changes to the oil and gas industry that today is incompatible with that goal, according to David Layzell, Energy Systems Architect - The Transition Accelerator.
March 25, 2021, 6 AM MDT
Across the world, “build back better” has become the rallying cry for industry’s recovery from the COVID-19 crisis. There is an overwhelming sense, globally, that we stand at an inflection point where a new world is possible — one that is more sustainable, efficient, inclusive and crisis-resilient.
March 25, 2021, 7:36 AM MDT
Earlier this month, geoLOGIC systems ltd. completed the acquisition of JWN Energy – publishers of the Daily Oil Bulletin — a move that creates a powerful energy intelligence combination by bringing together two of Canada’s leaders in oil and gas data, news, insights and analytics.
March 25, 2021, 4:54 AM MDT
A national vision for carbon capture, utilization and storage (CCUS): That is the first recommendation of a newly-released study.
March 25, 2021, 12 AM MDT
Among the main issues facing the energy sector and environmental movement is “very polarized media,” says Aaron Foyer, executive director of ENERGYminute, with one side only discussing the benefits of oil and gas, and the other only discussing the benefits of renewables, leading to an overall ill-informed general public.
March 25, 2021, 3:33 PM MDT
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March 25, 2021, 11:13 AM MDT
The Alberta government attracted $1.48 million in bids at its Wednesday land sale.
March 25, 2021, 9:58 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 25, 2021, as reported this morning by Rig Locator.
March 25, 2021, 11:39 AM MDT
March 25, 2021, 12 AM MDT
ARETI Energy S.A. recently filed an early warning disclosure in connection with the closing of an exempt takeover bid made by Spartan Delta Corp. to acquire all of the issued and outstanding common shares in the capital of Inception Exploration Ltd. in exchange for an aggregate of 23.73 million common shares in the capital of Spartan.
March 25, 2021, 3:57 AM MDT
CNOOC Limited’s Canadian production fell in 2020.
March 25, 2021, 5:31 AM MDT
Pieridae Energy Limited outlined an upstream capital budget of $45-55 million that includes funds to continue investing in its assets to ensure their safety and reliability, as well as funding to maintain its current level of production.
March 25, 2021, 6:47 AM MDT
Surge Energy Inc. has completed its previously announced strategic $106 million asset sale and finalized a positive re-determination of the company's credit facilities.
March 25, 2021, 10:11 AM MDT
Tamarack Valley Energy Ltd. closed two previously announced strategic acquisitions in the Provost and Nipisi areas of Alberta for a total net purchase price of $135.3 million, after deducting the proceeds from the sale of two newly created four per cent gross overriding royalties (GORR) on a select portion of the acquired Nipisi properties.
March 25, 2021, 11:04 AM MDT
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