Cenovus Energy Inc. executives say the industry consortium called the Oil Sands Pathways to Net Zero initiative is slowly advancing its “foundational” carbon capture utilization and storage (CCUS) project and that discussions with various levels of government are progressing well.
November 3, 2021, 5:25 PM MDT
Western Canada’s burgeoning helium sector remains at an early-appraisal stage, driven primarily by junior start-ups whose current activity includes identifying prospects and core areas, appraisal drilling and early-stage production, says Brad Hayes, president of Petrel Robertson Consulting Ltd.
November 3, 2021, 6 AM MDT
Cenovus Energy Inc. continues to be steadfast in its current response to COVID-19, which president and CEO Alex Pourbaix says “remains a challenge in all of the jurisdictions” where the company operates.
November 3, 2021, 5:35 PM MDT
Driven by record quarterly daily oilsands production at Christina Lake and Foster Creek, Cenovus Energy Inc. achieved total third quarter output of 804,800 boe/d, an increase of 71 per cent from 471,799 boe/d during the comparable period last year.
November 3, 2021, 10:58 AM MDT
Cenovus Energy Inc. says strong third quarter free funds flow of $1.7 billion and strategic refinancing transactions resulted in a reduction in net debt to about $11 billion at the end of the third quarter and put the company in position to increase shareholder returns.
November 3, 2021, 11:39 AM MDT
Ovintiv Inc. views its 2021 development program as being highly repeatable in 2022 for the same amount of capital investment.
November 3, 2021, 11:24 AM MDT
Keyera Corp. continued construction on the KAPS pipeline project throughout the third quarter, with mainline construction still steadily progressing, and management considering this project as a “critical link” to integrate the company’s value chain, expanding what services it can offer to customers.
November 3, 2021, 11:12 AM MDT
ConocoPhillips Canada has joined the Oil Sands Pathways to Net Zero Alliance.
November 3, 2021, 11:17 AM MDT
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November 3, 2021, 6 AM MDT
November 3, 2021, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 3, 2021 as reported this morning by Rig Locator.
November 3, 2021, 11:31 AM MDT
November 3, 2021, 12 AM MDT
The oil industry in Texas has been a driving force of the North American economy for decades.
November 3, 2021, 6 AM MDT
Carbon Capture Utilization & Storage (CCUS) is a perceptible solution in CO2 abatement/intensity reduction if CO2 utilization demographic fully changes to anthropogenic sources.
November 3, 2021, 6 AM MDT
Woodfibre LNG has appointed Christine Kennedy as the new company president, effective Nov. 8, 2021.
November 3, 2021, 9:08 AM MDT
November 3, 2021, 8:54 AM MDT
Gear Energy Ltd.’s funds from operations for the third quarter of 2021 was $16.0 million, an increase of 31 per cent from the second quarter of 2021 as a result of higher commodity prices and increased production.
November 3, 2021, 2:59 PM MDT
Gear Energy Ltd. has lifted its 2021 spending plan, and outlined its capital plans for 2022.
November 3, 2021, 2:46 PM MDT
Brookfield Infrastructure Partners L.P. completed the privatization of Inter Pipeline Ltd. on Oct. 28 and has made “good initial progress” implementing its 100-day plan.
November 3, 2021, 6:33 AM MDT
November 3, 2021, 12 AM MDT
In Alberta, physical markets and regional benchmark prices (WCS) have improved with higher WTI prices. Athabasca Oil Corporation expects current WCS differentials to remain stable with muted industry growth and improving basin egress, including the recently completed Enbridge Inc. Line 3 replacement.
November 3, 2021, 3:34 PM MDT
TransGlobe Energy Corporation successfully drilled, completed, and equipped one two-mile and two one-mile horizontal wells in the northern area of its Cardium reservoir extension at South Harmattan, first identified by the 2-20 well in 2019.
November 3, 2021, 12 AM MDT
The board of directors of Acceleware Ltd. announced the death of one of its directors, Dennis Nerland.
November 3, 2021, 3:17 PM MDT
Enerplus Corporation has closed the previously announced sale of its Sleeping Giant (Montana) and Russian Creek (North Dakota) interests in the Williston Basin for total consideration of US$115 million, before customary closing adjustments.
November 3, 2021, 12 AM MDT
The federal government announced an investment of $20 million in GHGSat of Montréal through Sustainable Development Technology Canada (SDTC).
November 3, 2021, 8:25 AM MDT
Petroplan, a specialist energy talent acquisition group, has appointed Chris Morris as chief financial officer.
November 3, 2021, 8:59 AM MDT
November 3, 2021, 6 AM MDT
Wavefront Technology Solutions Inc. signed an agreement with Alumina Partners (Ontario) Ltd. for a commitment by Alumina to purchase up to $12 million of units, consisting of common shares and common share purchase warrants, of the company, in a potential series of individual private placement offering(s).
November 3, 2021, 3:41 PM MDT
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