Nova Scotia’s rich hydrocarbon potential includes an estimated 120 tcf of natural gas and about eight billion bbls of oil, with an attractive shallow water depth for producers, according to the province’s Play Fairway Analysis.
January 30, 2023, 6 AM MST
In the Jan. 25 landsale, the province sold 65,892 hectares of P&NG leases and licences bringing in $10.52 million. There was no public offering of Crown oilsands rights this sale. This brings the total cumulative bonus paid to-date for the year in Alberta to $42.11 million.
January 30, 2023, 7:09 AM MST
The strongest of three scenarios in BP plc’s Energy Outlook 2023 Edition has oil consumption remaining close to 100 million bbls/d through much of this decade. Reflected in the outlook’s New Momentum scenario, this rate then declines gradually to around 75 million bbls/d by 2050.
January 30, 2023, 10:26 AM MST
Water is not only essential for life, but it is a key component of Aduro Clean Technologies Inc.’s novel approach to partially upgrading bitumen, possibly helping producers in niche applications save money and improve ESG scores.
January 30, 2023, 6 AM MST
Geopolitical tensions, the spectre of inflation, and uncertainty around the speed of the energy transition are a few of the storms roiling markets for Canadian oil and gas producers sailing into 2023.
January 30, 2023, 7:39 AM MST
Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) Calgary, Alberta, is seeking a new candidate to join its Board of Directors. The search process is being conducted by the Company’s Corporate Governance & Nominating Committee.
January 30, 2023, 6 AM MST
Operators are exploring a wide range of technologies from advanced sensors in the field to fit-for purpose data management tools to reach net-zero emissions by 2050, according to a new survey.
January 30, 2023, 7:19 AM MST
Tourmaline Oil Corp. was the top operator in 2022, excluding experimental/test wells, based on metres drilled.
January 30, 2023, 10:48 AM MST
January 30, 2023, 12 AM MST
Companies are investing heavily into new emissions-detecting technology.
January 30, 2023, 7:18 AM MST
Exxon Mobil Corporation announced the next step in the development of its large low-carbon hydrogen production facility with a contract award for front-end engineering and design (FEED).
January 30, 2023, 7:23 AM MST
Baker Hughes signed a memorandum of understanding (MOU) with Fortescue Future Industries (FFI) to jointly explore potential opportunities for the scale up and adoption of novel technology solutions for green hydrogen, green ammonia and geothermal projects.
January 30, 2023, 7:30 AM MST
X-Energy Canada, Inc. and Invest Alberta Corporation (IAC) have signed a memorandum of understanding (MOU) to develop economic opportunities supporting the potential deployment of the Xe-100 small modular reactor (SMR) within the province.
January 30, 2023, 5:35 AM MST
FortisBC Holdings Inc. and Snuneymuxw First Nation announced an agreement to work in close collaboration on the Tilbury projects.
January 30, 2023, 5:42 AM MST
January 30, 2023, 12 AM MST
January 30, 2023, 6:06 AM MST
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