Whitecap Resources Inc. has entered into a purchase and sale agreement to acquire XTO Energy Canada for total cash consideration of approximately $1.9 billion and the assumption of estimated positive working capital on closing for a net purchase price of $1.7 billion.
June 28, 2022, 3:50 PM MDT
While methane abatement is an increasingly-important task for the energy industry, the cost of projects that support these targets can be difficult or, in some cases, impossible to absorb.
June 28, 2022, 12 AM MDT
Scientists have known for decades that one of the most effective ways to reduce carbon emissions from major industrial plants is through carbon capture. But the task is complicated by both the cost of building and operating the technology, and the sheer number of emitters — thousands and thousands of cement plants, refineries and utilities worldwide.
June 28, 2022, 6 AM MDT
It’s difficult to attract investment in the energy transformation realm when the possibility of a change in government could lead to a climate policy overhaul. The industry has needed to navigate this uncertainty since net-zero targets were put in place.
June 28, 2022, 8:47 AM MDT
There was a “sharp bounce back” in global primary energy in 2021, increasing by almost six per cent and “more than reversing” the sharp fall in energy consumption in 2020 as much of the world locked down, says BP chief economist Spencer Dale.
June 28, 2022, 9:58 AM MDT
June 28, 2022, 10:46 AM MDT
The Alberta Energy Regulator (AER) has increased the industry-wide closure spend target for liabilities in 2023 to $700 million from $422 million and released forecasted targets through 2027, which are anticipated to increase annually by nine per cent.
June 28, 2022, 1:29 PM MDT
June 28, 2022, 10:43 AM MDT
A robust measurement, monitoring and verification (MMV) plan is a fundamental component to any proposed carbon capture, utilization and sequestration (CCUS) operation.
June 28, 2022, 6 AM MDT
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June 28, 2022, 8:58 AM MDT
June 28, 2022, 10:50 AM MDT
LithiumBank Resources Corp. says assay results from four wells at the Boardwalk Brine Project in west-central Alberta indicated average lithium grades above current inferred mineral resource estimates.
June 28, 2022, 10:35 AM MDT
Calfrac Well Services Ltd. announces the repayment and cancellation yesterday of the company’s $25.0 million 8.00 per cent secured bridge loan from G2S2 Capital Inc., a company controlled by George Armoyan, a director of Calfrac.
June 28, 2022, 9:09 AM MDT
Paramount Resources Ltd. announces that the Toronto Stock Exchange has accepted the company’s notice to renew its normal course issuer bid for its class A common shares.
June 28, 2022, 9:39 AM MDT
Cardinal Energy Ltd. announced that the Toronto Stock Exchange (TSX) has accepted the notice of Cardinal's intention to commence a normal course issuer bid (NCIB).
June 28, 2022, 12 AM MDT
June 28, 2022, 11:15 AM MDT
June 28, 2022, 11:33 AM MDT
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