Suncor Energy Inc. has agreed to purchase an additional 21.3 per cent working interest in the Fort Hills project and associated sales and logistics agreements from Teck Resources Limited, for consideration of $1 billion.
October 26, 2022, 7:45 PM MDT
There are a number of hurdles to clear on the pathway to a net-zero future, said the board chair of Emissions Reduction Alberta. With that said, he believes none of these challenges are insurmountable.
October 26, 2022, 6:58 AM MDT
Canada has built a collaborative network of organizations connecting technology developers, industry, governments, academia and research organizations that are working in unison to move emissions reductions technologies from concept to commercialization, panelists at PTAC’s Net Zero conference said Tuesday.
October 26, 2022, 10:37 AM MDT
Crescent Point Energy Corp. reported a slight increase in Q3 output as it continues to generate strong operational results in its Kaybob Duvernay play, resulting in attractive asset level returns.
October 26, 2022, 11:28 AM MDT
Crescent Point Energy Corp.’s 2022 development capital expenditures guidance has been increased to $950 million, from $875–$900 million previously.
October 26, 2022, 2:09 PM MDT
The total enterprise value of merger and acquisition (“M&A”) activity in the Canadian oil and natural gas industry in the first half of 2022 was $5.2 billion, down 53 per cent from the $11.1 billion recorded in the first six months of 2021.
October 26, 2022, 6 AM MDT
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Equinox Engineering Ltd. (Calgary) has been awarded the Front End Engineering Design (FEED) by Santos Ltd. for the onshore Bayu-Undan Carbon Capture project.
October 26, 2022, 6 AM MDT
Western Energy Services Corp. has approved an updated capital budget for 2022 of $37 million, comprised of $25 million of expansion capital and $12 million of maintenance capital, with $32 million allocated to the contract drilling segment and $5 million allocated to the production services segment.
October 26, 2022, 8:38 AM MDT
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