Canadian petroleum sector emerges a leaner and more focused industry after a tumultuous yet transformative five years
July 28, 2022, 11:06 AM MDT
TC Energy Corporation reported this morning that Coastal GasLink LP has achieved a “significant milestone” with the execution of revised project agreements with LNG Canada that incorporate a revised cost estimate for the project of $11.2 billion.
July 28, 2022, 6:02 AM MDT
TC Energy Corporation’s second quarter 2022 results were underpinned by solid utilization and reliability across its assets.
July 28, 2022, 6:59 AM MDT
TC Energy Corporation’s total capital expenditures for 2022 are now expected to be approximately $8.5 billion.
July 28, 2022, 7:26 AM MDT
A group, including First Nations people, has raised concerns with Kiwetinohk Energy Corp. over its company name.
July 28, 2022, 6 AM MDT
Cenovus Energy Inc. delivered solid second quarter operating and financial results while completing significant planned turnarounds and maintenance in its upstream and downstream operations.
July 28, 2022, 10:41 AM MDT
Cenovus Energy Inc. has updated its 2022 corporate guidance and has hiked spending by $400 million at the midpoint to a range of $3.3 billion to $3.7 billion.
July 28, 2022, 11:37 AM MDT
Cenovus Energy Inc.’s top executive says the two options outlined in the federal government’s recently released oil and gas sector emissions cap discussion paper are untenable and would lead to production shut-ins at a time when global energy security is of paramount concern.
July 28, 2022, 2:52 PM MDT
A parcel that sold for nearly $10 million highlighted Alberta’s July 27 land sale, which generated $21.28 million in bonus bids.
July 28, 2022, 12 AM MDT
AltaGas Ltd. exported a new Global Exports volume record of 110,845 bbls/d of cleaner burning LPGs to Asia in the second quarter of 2022, compared to 90,106 bbls/d for the same period in 2021.
July 28, 2022, 10:17 AM MDT
Enerplus Corporation is selling certain Canadian assets located in Alberta to Journey Energy Inc. for total consideration of $140 million, prior to closing adjustments.
July 28, 2022, 7 PM MDT
Despite increased North America demand for its highest spec rigs, Precision Drilling Corporation says some customers have yet to adapt to new pricing realties and have tried to lowball the company during negotiations.
July 28, 2022, 12 AM MDT
Tourmaline Oil Corp. finished the three-month span ending June 30, 2022 with records in both cash flow and free cash flow.
July 28, 2022, 2 PM MDT
Calfrac Well Services Ltd. generated Q2 revenue of $318.5 million, an increase of 83 per cent from the second quarter in 2021, resulting primarily from improved activity in all of the company's operating divisions and improved pricing in North America.
July 28, 2022, 4:38 AM MDT
Tidewater Renewables Ltd. says its base business continues to outperform.
July 28, 2022, 12 AM MDT
NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting the demonstration of Kuva Systems’s camera-based continuous monitoring solution for methane emissions.
July 28, 2022, 10:24 AM MDT
Athabasca Oil Corporation is increasing its financial forecasts for 2022 based on strong operational performance and updated pricing assumptions.
July 28, 2022, 12 AM MDT
After completing a review of the impact of inflationary factors as well as land expenditures to date, Surge Energy Inc. has increased its estimate for 2022 expenditures on property, plant, and equipment by approximately 12 per cent, as compared to the company's original budget released on Jan. 17, 2022.
July 28, 2022, 12 AM MDT
Yangarra Resources Ltd.’s funds flow from operations of $50.0 million for Q2 was an increase of 190 per cent from the same period in 2021.
July 28, 2022, 7:43 AM MDT
High Arctic Energy Services Inc. has closed the previously announced sale of its Canadian well servicing business to Precision Drilling Corporation by asset purchase agreement for an aggregate purchase price of $38.2 million payable in cash.
July 28, 2022, 6:16 AM MDT
Pembina Pipeline Corporation announced that the Canadian Competition Bureau has issued a no-action letter for the joint venture transaction announced on March 1, 2022, between Pembina and KKR to combine their respective western Canadian natural gas processing assets into a single, new joint venture entity (Newco).
July 28, 2022, 6:24 AM MDT
July 28, 2022, 12 AM MDT
July 28, 2022, 12 AM MDT
E3 Lithium Ltd. oversaw the successful manufacture of its first quantity of continuously produced, commercial scale sorbent, critical to the success and commercialization of its ion-exchange DLE technology.
July 28, 2022, 12 AM MDT
July 28, 2022, 5:27 AM MDT
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