Coastal GasLink is in dispute with LNG Canada with respect to recognition of certain costs and the impacts on the project schedule, TC Energy Corporation top brass told this morning’s second quarter conference call.
July 29, 2021, 11:25 AM MDT
TC Energy Corporation is exploring some opportunities to electrify and use renewable energy to power certain proprietary energy loads, with the goal of reducing emissions, as it advances on a C$21 billion secured capital program, working on a substantive portfolio of high-quality opportunities under development, says management.
July 29, 2021, 7:35 AM MDT
TC Energy Corporation, while optimistic on the future, is still in the early stage of investigating technologies and safety matters regarding transporting hydrogen, says François Poirier, president and chief executive officer.
July 29, 2021, 12:52 PM MDT
Although Cenovus Energy Inc.’s capital guidance range remains unchanged at $2.3-$2.7 billion for the year it now reflects an increase to the oilsands spend of $100 million, a move which will add production this year and into 2022.
July 29, 2021, 11:50 AM MDT
Cenovus Energy Inc. says vastly improved market conditions, its integrated model and the positive impacts of its acquisition of Husky Energy Inc. spurred on strong Q2 financial and operational results that saw the company turn a profit of $224 million versus a loss of $235 million a year earlier.
July 29, 2021, 10:28 AM MDT
Cenovus Energy Inc.’s top executive says the company continues to take “bold action” on the environmental, social and governance (ESG) front and that those efforts will only ramp-up going forward.
July 29, 2021, 2:52 PM MDT
Suncor Energy Inc. expects to allocate $500 million per year (10 per cent of its annual capital budget) over the medium-term on investments that are intended to advance its lower-carbon energy offerings.
July 29, 2021, 9:25 AM MDT
Suncor Energy Inc. has provided new 2021 guidance for Fort Hills production and cash operating costs as the company undertakes additional work to maintain slope integrity on the south side of the mine.
July 29, 2021, 10:37 AM MDT
The Petroleum Services Association of Canada (PSAC) has hiked its forecast for the number of wells drilled (rig released) across Canada for 2021 to 4,250 wells.
July 29, 2021, 6:05 AM MDT
Surging demand for lithium-ion batteries to power electric vehicles (EVs) and for energy storage applications could drive major economic growth across Canada, says a new report from the Battery Metals Association of Canada (BMAC).
July 29, 2021, 9:53 AM MDT
Tourmaline Oil Corp. and AltaGas Ltd. executives were asked this morning on their second quarter conference calls to address a recent court decision in favour of the Blueberry River First Nation.
July 29, 2021, 9:44 AM MDT
July 29, 2021, 12 AM MDT
AltaGas Ltd. reported record exports of LPG to Asia in the second quarter.
July 29, 2021, 4:30 AM MDT
Energy companies around the world are choosing the Task Force on Climate-related Financial Disclosures (TCFD) as a framework to guide their climate-related disclosures.
July 29, 2021, 7:58 AM MDT
Calfrac Well Services Ltd. saw a post-pandemic rebound in revenues in the second quarter of 2021 when compared to the previous year, but volatility in U.S fracturing markets resulted in the company failing to meet its performance expectations, said president and chief operating officer Lindsay Link.
July 29, 2021, 8:23 AM MDT
Whitecap Resources Inc. has increased its 2022 preliminary production outlook to 122,000 boe/d, incorporating the acquisition of a private company with operations in southeastern Saskatchewan, but the preliminary capital spending outlook remains between $560 million and $580 million for the year.
July 29, 2021, 8:34 AM MDT
Whitecap Resources Inc. is dealing with an unplanned downtime event at Weyburn, which will reduce its third quarter production by approximately 1,600 boe/d — to 114,000 boe/d.
July 29, 2021, 3:12 PM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 29, 2021, as reported this morning by Rig Locator.
July 29, 2021, 11:34 AM MDT
A new joint venture has been formed to create Turtle Island Earth Services, an Indigenous-owned professional consulting and services company.
July 29, 2021, 11:43 AM MDT
July 29, 2021, 6 AM MDT
Chevron Corporation named Jeff Gustavson president, Chevron New Energies, effective Aug. 2, 2021.
July 29, 2021, 7:43 AM MDT
Avanti Energy Inc. has appointed Jody Denis as senior drilling and completions manager to oversee the company's drilling programs in both Alberta and Montana.
July 29, 2021, 6:36 AM MDT
DEEP Earth Energy Production Corp. closed on a $4.5 million private placement offering.
July 29, 2021, 6:25 AM MDT
Cold Bore Technology Inc. closed $14 million in growth financing.
July 29, 2021, 6:30 AM MDT
NGIF Cleantech Ventures announced its inaugural investment: scale-up capital in ThermoLift.
July 29, 2021, 8:42 AM MDT
July 29, 2021, 12 AM MDT
July 29, 2021, 9:07 AM MDT