Imperial Oil Limited continues to focus on mitigating the spread of COVID-19 within its operations and workforce in the hard-hit oilsands region.
April 30, 2021, 11:48 AM MDT
While demand has rebounded considerably, the lingering effects of the weak 2020 business environment have continued to have a negative impact on financial results in 2021 when compared to periods prior to the pandemic, says Imperial Oil Limited’s top executive.
April 30, 2021, 10:58 AM MDT
Baytex Energy Corp. currently forecasts between $285 million and $315 million in exploration and development spending for full-year 2021, which is up 15 per cent from the previous guidance and reflects the company’s stronger operational momentum and the strength in commodity prices, says management.
April 30, 2021, 10:46 AM MDT
Enerplus Corporation has closed its previously announced acquisition of Williston Basin assets from Hess Corporation for a total cash purchase price of US$312 million, subject to normal purchase price adjustments.
April 30, 2021, 12:34 PM MDT
The fallout from the COVID-19 pandemic will continue impacting Canada’s oilfield services sector in the short-term as customers remain cautious on increasing capital investments, Audun Martinsen, head of energy research, Rystad Energy, told the Petroleum Services Association of Canada (PSAC) 2021 oilfield services industry outlook Update on Thursday.
April 30, 2021, 9:35 AM MDT
The Canada Energy Regulator (CER) has approved NOVA Gas Transmission Ltd.’s (NGTL) West Path Delivery 2022 project.
April 30, 2021, 2:18 PM MDT
Wild winter weather from Texas to Siberia to Western Canada dampened Calfrac Well Services Ltd.’s revenues in the first quarter, costing millions in suspended operations and higher input costs.
April 30, 2021, 10:31 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 30, 2021, as reported this morning by Rig Locator.
April 30, 2021, 11:36 AM MDT
The U.S. rig count is up two from last week to 440 with oil rigs down one to 342, gas rigs up two to 96, and miscellaneous rigs up one to two, weekly data from Baker Hughes show.
April 30, 2021, 12 PM MDT
April 30, 2021, 10:08 AM MDT
April 30, 2021, 10:01 AM MDT
Pason Systems Inc.’s Q1 2021 financial results reflected the headwinds associated with the pandemic’s impact on the oil and gas industry.
April 30, 2021, 10:04 AM MDT
Advantage Oil & Gas Ltd.’s drilling in the first quarter of 2021 was entirely gas-focused at Glacier where wells continued to achieve a step-change in productivity with cost reductions of over 10 per cent.
April 30, 2021, 12 AM MDT
April 30, 2021, 7:47 AM MDT
Pipestone Energy Corp. has renewed and extended its reserve-based loan with its syndicate of banks, re-affirming its borrowing base at $225 million.
April 30, 2021, 6:53 AM MDT
April 30, 2021, 11:23 AM MDT
April 30, 2021, 11:13 AM MDT
April 30, 2021, 7:54 AM MDT
April 30, 2021, 7:59 AM MDT
April 30, 2021, 8:03 AM MDT