ARC Resources Ltd.’s management group says the company’s agreement announced this week to supply natural gas for Cheniere Energy, Inc.’s Corpus Christi Stage III LNG project further enhances its already robust efforts to diversify its end markets.
May 6, 2022, 10:59 AM MDT
ARC Resources Ltd.’s May 2021 acquisition of Seven Generations Energy Ltd. continues to pay off as the company was able to push production levels, free cash flow generation and returns to shareholders higher in the first quarter.
May 6, 2022, 9:48 AM MDT
Although no new wells have been approved in B.C. since August 2021, Canadian Natural Resources Limited says its Montney operations have only been moderately impacted.
May 6, 2022, 12 AM MDT
Enbridge Inc. and Humble Midstream, LLC announced the joint development and marketing of a low-carbon hydrogen and ammonia production and export facility which will be located at the Enbridge Ingleside Energy Center (EIEC), near Corpus Christi, Texas.
May 6, 2022, 4:56 AM MDT
Enbridge Inc. saw strong Q1 2022 results based on operational performance and utilization across each of its businesses, says executive management, as the company continues to progress on its strategic priorities during an “inflection point” in global energy markets, with growing demand and underinvestment driving higher prices.
May 6, 2022, 6:51 AM MDT
Enbridge Inc.’s joint-venture to develop and market low-carbon hydrogen and ammonia at the Enbridge Ingleside Energy Center near Corpus Christi offers the “pretty novel” concept of exporting decarbonized fossil fuels, says Colin Gruending, executive vice-president and president, liquids pipelines.
May 6, 2022, 12:53 PM MDT
Pembina Pipeline Corporation is deferring a planned expansion of its Prince Rupert propane export terminal as current access to strong North American markets meet the needs of its customers, company executives said at the company’s first quarter conference call on Friday.
May 6, 2022, 10:37 AM MDT
May 6, 2022, 2:14 PM MDT
Pembina Pipeline Corporation reported record adjusted EBITDA of $1 billion in the first quarter of 2022, representing a 20 per cent increase over the same period the prior year.
May 6, 2022, 8 AM MDT
Tourmaline Oil Corp. has bolstered its long-term associated Conroy facilities plan with additional interest in two plants.
May 6, 2022, 8:53 AM MDT
Drilling on Surge Energy Inc.’s operated, light oil, core area assets at Steelman in SE Saskatchewan has delivered better than anticipated results.
May 6, 2022, 12 AM MDT
With crude oil prices now in excess of US$100 WTI, which is significantly above Surge Energy Inc.’s US$85 guidance price for crude oil in 2022, the company intends to resume its base cash dividend distribution, payable on a monthly basis.
May 6, 2022, 12 AM MDT
Saturn Oil & Gas Inc. reported record production with first quarter 2022 averaging production of 7,499 boe/d compared to 233 boe/d in the first quarter of 2021.
May 6, 2022, 6:22 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 6, 2022 as reported this morning by Rig Locator.
May 6, 2022, 11:30 AM MDT
The U.S. rig count is up seven from last week to 705 with oil rigs up five to 557, gas rigs up two to 146 and miscellaneous rigs unchanged at two.
May 6, 2022, 11:08 AM MDT
Enerplus Corporation lifted its capital spending outlook for the year.
May 6, 2022, 4:42 AM MDT
Crew Energy Inc. achieved average daily production of 33,399 boe/d during the first quarter of 2022, which is up 27 per cent from Q1 2021, thanks largely to progress achieved so far on the company’s two-year development plan.
May 6, 2022, 6:07 AM MDT
May 6, 2022, 7:41 AM MDT
After 13 years of service, Kathleen O'Neill will be retiring from the ARC Resources Ltd. board on May 6, 2022.
May 6, 2022, 9:52 AM MDT
May 6, 2022, 12 AM MDT
May 6, 2022, 12 AM MDT
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