David Milia, president and CEO of the Canadian Energy and Climate Nexus, says the predicament confronting the Canadian oil and gas sector as it adjusts to the energy transition is akin to similar scenarios faced by dominant companies facing non-traditional competition in other industries in decades past.
March 29, 2021, 6 AM MDT
Over the first two months of 2021, British Columbia remains the only province reporting a year-over-year increase in rig releases.
March 29, 2021, 7:54 AM MDT
Premier Jason Kenney gave participants of last week’s Canadian Association of Oilwell Drilling Contractors (CAODC) annual general meeting and virtual town hall “a little heads up to stay tuned for what will be very good news in the upcoming federal budget” for Alberta’s energy sector in terms of carbon capture, utilization and storage (CCUS).
March 29, 2021, 9:29 AM MDT
As the global energy sector conceives a new, and disruptive, path towards a low carbon future — there are some who are viewing this paradigm shift as the glass being half empty.
March 29, 2021, 2:17 PM MDT
The Biden-Harris administration is facing multiple crises including a pandemic and a bitterly divided electorate.
March 29, 2021, 9:54 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 29, 2021, as reported this morning by Rig Locator.
March 29, 2021, 11:32 AM MDT
Along with some provincial governments, the Canadian government has set policies to cut methane emissions from between 40-45% of baseline value by the year 2025.
March 29, 2021, 6:33 AM MDT
March 29, 2021, 7:39 AM MDT
March 29, 2021, 7:34 AM MDT
March 29, 2021, 11:15 AM MDT
Michael Gray has tendered his resignation as chief financial officer of Ensign Energy Services Inc. to pursue other opportunities.
March 29, 2021, 12 AM MDT
Effective March 18, 2021, Ensign Energy Services Inc. has amended the terms of the unsecured, subordinated convertible debentures of the company in the principal amount of $37 million which remain outstanding.
March 29, 2021, 12 AM MDT
Obsidian Energy Ltd. has outlined a capital plan of $127 million for 2021 plus an additional $8 million in decommissioning expenditures is planned for development and environmental programs.
March 29, 2021, 9:16 AM MDT
The start of 2021 has been “exceptional,” said Whitecap Resources Inc., with the seamless integration of both NAL Resources Limited and TORC Oil & Gas Ltd. and strong operational performance to date on the combined assets.
March 29, 2021, 5:57 AM MDT
On March 23, Mojek Resources Inc. filed a request for regulatory appeal of the Alberta Energy Regulator’s (AER) March 16 order, which included a request for a stay of the order.
March 29, 2021, 6:08 AM MDT
Obsidian Energy Ltd. has executed amending agreements to extend both its syndicated credit facility and senior notes maturity date to Nov. 30, 2022.
March 29, 2021, 12 AM MDT
March 29, 2021, 7:50 AM MDT
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March 29, 2021, 7:46 AM MDT
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