Suncor Energy Inc. has agreed to purchase TotalEnergies SE’s Canadian operations through the acquisition of TotalEnergies EP Canada Ltd., which holds a 31.23 per cent working interest in the Fort Hills oilsands mining project and a 50 per cent working interest in the Surmont in situ asset.
April 27, 2023, 12 AM MDT
Following the announcement of its plans to spin-off its Canadian assets, TotalEnergies SE says it received several unsolicited offers among which an offer from Suncor Energy Inc. for the acquisition of the entirety of the shares of TotalEnergies EP Canada Ltd.
April 27, 2023, 12 AM MDT
Despite a rough Q1 for its U.S. Manufacturing segment, Cenovus Energy Inc. remains confident its integrated strategy will deliver in all areas of the business with the “performance that you have come to expect of us and, more importantly, the performance we expect of ourselves,” outgoing president and CEO Alex Pourbaix said during a conference call Wednesday.
April 27, 2023, 4:17 AM MDT
While Cenovus Energy Inc. and its Pathways Alliance peers were pleased to see new details and a clearer legislative timeline for the previously announced Investment Tax Credit (ITC) for CCUS in the recent federal budget, more government support will be required for the group’s foundational project to move forward.
April 27, 2023, 10:20 AM MDT
“Please pay attention, this is going to be very important.”
April 27, 2023, 1:46 PM MDT
Edmonton — Two Alberta ministers underscored their government’s willingness to back the province’s emerging position in the hydrogen space.
April 27, 2023, 7:04 AM MDT
Oil and gas production will be needed for years to come — but who will run the rigs and work the wells?
April 27, 2023, 8:33 AM MDT
Rig release counts rose in all western Canadian provinces except for Manitoba in the first quarter of 2023.
April 27, 2023, 6 AM MDT
Repsol will lead a feasibility study for a CO2 storage project in Alberta in its Edson operating area that has been selected by the Accelerating CCS Technologies (ACT) program to receive funding from Emissions Reduction Alberta (ERA) and the United States Department of Energy
April 27, 2023, 8:28 AM MDT
Whitecap Resources Inc. delayed activity on its recently acquired Montney natural gas assets and turned its attention to its oil assets in Saskatchewan and central Alberta in the first quarter of 2023 as gas prices tumbled in the quarter.
April 27, 2023, 9:06 AM MDT
Whitecap Resources Inc. announced that Vineeta Maguire will stand for election as an independent director to its board of directors at the umpcoming annual meeting of the shareholders on May 17, 2023.
April 27, 2023, 12 AM MDT
Effective May 1, 2023, and in accordance with Ministerial Order 043/2023, the Alberta Energy Regulator (AER) requires evidence that licensees have resolved unpaid property taxes exceeding a threshold amount before a new well or well licence transfer application will be approved.
April 27, 2023, 2:05 PM MDT
AltaGas Ltd. is working to optimize its existing upstream propane and butane value chain to fill export terminal capacity and lower costs, while planning future capacity increases, analysts heard at the company’s first quarter 2023 conference call.
April 27, 2023, 12 AM MDT
Whitecap Resources Inc. is taking a break from deal-making in 2023 after a flurry of post-pandemic activity, company president and chief executive officer Grant Fagerheim told analysts at the company’s first quarter 2022 conference call Thursday.
April 27, 2023, 2:02 PM MDT
Preliminary results indicate that the energy industry spent about 40 per cent more in 2022 than required under the annual minimum mandatory closure spend to close oil and gas sites, reported the Alberta Energy Regulator (AER).
April 27, 2023, 10:54 AM MDT
April 27, 2023, 10:33 AM MDT
With increased federal and provincial investment in CCUS technologies, more and more O&G companies are considering CCUS initiatives.
April 27, 2023, 9:17 AM MDT
April 27, 2023, 10:24 AM MDT
April 27, 2023, 12 AM MDT
As a result of the increased snowfall during the past winter season, Yangarra Resources Ltd. made the decision to curtail capital spending until field conditions improve.
April 27, 2023, 12 AM MDT
April 27, 2023, 12 AM MDT
April 27, 2023, 12 AM MDT
Shawcor Ltd. will be expanding its Composite Systems segment production capabilities in the U.S., with commitments for two new operating facilities.
April 27, 2023, 6 AM MDT
Baytex Energy Corp. closed its private offering of US$800 million aggregate principal amount of senior unsecured notes due 2030.
April 27, 2023, 9:56 AM MDT
April 27, 2023, 12 AM MDT
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