Service sector companies are unlikely at this time to deploy the sorts of capital-intensive automation technologies that would dramatically reduce the workforce on drilling and service rigs, says Kevin Krausert, president and chief executive officer of Avatar Innovations Inc.
June 13, 2022, 6 AM MDT
There are many hurdles companies must clear in the energy transition movement. Parkland Corporation executive Ryan Krogmeier describes this combination of complexities as a capital challenge model.
June 13, 2022, 6 AM MDT
At the Daily Oil Bulletin, we are looking to further develop our cleantech coverage: exclusive news and analysis about new technologies that can reduce greenhouse gas emissions in the oil and gas industry. Our goal is to provide additional value to subscribers.
June 13, 2022, 10:41 AM MDT
Cenovus Energy Inc. has reached an agreement to purchase the remaining 50 per cent of the Sunrise oilsands project in northern Alberta from BP plc.
June 13, 2022, 4:10 AM MDT
Invico Capital Corporation has closed a non-operated working interest deal worth US$32 million in North Dakota’s Williston Basin through its signature fund, Invico Diversified Income Fund.
June 13, 2022, 8:07 AM MDT
Tallahassee Exploration Inc. (“Tallahassee” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of certain non-core operated and non-operated oil and natural gas assets located in the Deer, Medicine Hat, Matziwin, Nipisi, Pine Creek, Princess and Wedge areas of Alberta and the Maxhamish area of British Columbia (the “Properties”). Tallahassee is selling the Properties in order to focus on its core assets.
June 13, 2022, 8:47 AM MDT
Akinê Live is a cloud-based platform that can monitor, analyze and remotely control oilfield operations.
June 13, 2022, 6 AM MDT
Prairie Provident Resources Inc. says it plans a “pivot” in its second half 2022 capital program toward non-core reactivations, recompletions and optimization projects to maximize shareholder value.
June 13, 2022, 12 AM MDT
June 13, 2022, 6 AM MDT
Chevron Corporation completed its previously announced acquisition of Renewable Energy Group, Inc. (REG) following approval by REG stockholders.
June 13, 2022, 7 AM MDT
Imperial Oil Limited announced the preliminary results of its substantial issuer bid, pursuant to which Imperial offered to purchase for cancellation up to $2.5 billion of its common shares.
June 13, 2022, 7:08 AM MDT
First Helium Inc. has received $1.2 million for light oil volumes that the company delivered for sale during the month of April.
June 13, 2022, 7:16 AM MDT
Sproule has acquired Veegeo, a Rotterdam-based geothermal advisory firm providing operational management and consulting services to geothermal companies, investors, and governmental agencies.
June 13, 2022, 8 AM MDT
June 13, 2022, 12 AM MDT
June 13, 2022, 12 AM MDT
June 13, 2022, 10:28 AM MDT
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