Suncor Energy Inc. says it continues to progress “disciplined decisions” to streamline its portfolio, enabling greater fit and focus and allowing the company to allocate resources to its highest value core assets.
May 10, 2023, 11:01 AM MDT
Gas-weighted North American operators faced extreme price volatility in 2022. Panic over gas shortages in Europe leading into winter due to the war in Ukraine drove North American natural gas prices to levels not seen since the early 2000s.
May 10, 2023, 7:02 AM MDT
Pembina Pipeline Corporation currently aims to have a final investment decision on Cedar LNG in the third quarter of this year.
May 10, 2023, 7:51 AM MDT
Keyera Corp. credits the role of record quarterly contributions from both its gathering and processing, and liquids infrastructure segments, for its year-over-year growth in net earnings last quarter.
May 10, 2023, 12 AM MDT
Calfrac Well Services Ltd. overcame adverse weather conditions in the U.S. in the first quarter of 2023 to deliver significant year-over-year financial improvements in the North American market.
May 10, 2023, 12 AM MDT
Cardinal Energy Ltd. (“Cardinal” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of certain non-core oil and natural gas interests located in the Rainier, Forestburg and Wainwright South areas of Alberta (the “Properties”).
May 10, 2023, 8:37 AM MDT
The Canadian government has announced at COP27 that it will make significant improvements to federal regulations that limit methane emissions from the oil and gas sector.
May 10, 2023, 6 AM MDT
Evaluate Energy corporate guidance data shows North American operators will increase their capital spend by 17 per cent in 2023, with the 98 companies reporting guidance expecting to spend $118 billion in 2023.
May 10, 2023, 9:26 AM MDT
NuVista Energy Ltd. is going full steam ahead with its 2023 capital expenditure program after reporting positive financial and operating results in the first quarter.
May 10, 2023, 8:50 AM MDT
Higher well productivity in the Permian Basin resulted in growing production for Ovintiv Inc. in the first quarter of 2023, president and chief executive officer Brendan McCracken said in releasing the company’s first quarter results after market close on Tuesday.
May 10, 2023, 9:22 AM MDT
Growing production continues to be a top priority for NuVista Energy Ltd. as the company builds towards reaching its 100,000 boe/d of sustainable production target for its Montney assets at Wapiti and Pipestone, company president and chief executive officer Jonathan Wright told shareholders at NuVista’s annual general meeting this week in Calgary.
May 10, 2023, 3:24 PM MDT
With increased federal and provincial investment in CCUS technologies, more and more O&G companies are considering CCUS initiatives.
May 10, 2023, 6 AM MDT
Sheldon Steeves is retiring from the board of NuVista Energy Ltd. after 10 years of service and leadership.
May 10, 2023, 3:29 PM MDT
Seven of Tourmaline Oil Corp.’s nine facilities, previously shut-in due to the wildfires, have resumed operations and are operating at previous production rates.
May 10, 2023, 11:14 AM MDT
Art Korpach will not be standing for re-election and will retire from Freehold Royalties Ltd.’s board of directors at the annual general meeting.
May 10, 2023, 3:33 PM MDT
May 10, 2023, 12 AM MDT
May 10, 2023, 12 AM MDT
In Q1 2023, Pipestone Energy Corp. reported record average quarterly production totaling 35,162 boe/d (29 per cent condensate, 41 per cent total liquids).
May 10, 2023, 6:20 AM MDT
Paul Wanklyn, president and chief executive officer of Pipestone Energy Corp., will be taking an immediate leave of absence for health reasons.
May 10, 2023, 6:08 AM MDT
As of May 9, Pipestone Energy Corp.’s production curtailed by wildfires in the Grande Prairie region was reduced to approximately 5,000 boe/d from the previously reported approximately 20,000 boe/d.
May 10, 2023, 6:13 AM MDT
Total revenues for NCS Multistage Holdings, Inc. were $43.6 million for the quarter ended March 31, 2023, which was an increase of 11 per cent compared to the first quarter of 2022.
May 10, 2023, 12 AM MDT
May 10, 2023, 12 AM MDT
May 10, 2023, 10:25 AM MDT
In total, 349 gross wells were drilled on Freehold Royalties Ltd.’s royalty lands in Q1-2023, a 43 per cent increase versus the same quarter in 2022.
May 10, 2023, 3:45 PM MDT
Spartan Delta Corp. has completed the sale of its Gold Creek and Karr Montney assets to Crescent Point Energy Corp. for cash consideration of $1.7 billion.
May 10, 2023, 11:06 AM MDT
Spartan Delta Corp. announced the retirement of Mark Hodgson as vice-president, corporate development and information technology, effective today.
May 10, 2023, 11:10 AM MDT
Cenovus Energy Inc. announced a $200,000 donation to the Canadian Red Cross 2023 Alberta Fires Appeal to help support immediate relief efforts for the people and communities impacted by the ongoing wildfire situation in the province.
May 10, 2023, 7:40 AM MDT
May 10, 2023, 9:41 AM MDT
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