Dedicating a government office to focus on improving efficiencies when working with the energy sector is being explored once again. But as experts indicate, with an office of this kind, co-ordination is key.
May 11, 2023, 8:21 AM MDT
Global oil demand returned to pre-pandemic levels in 2022, pushing prices higher as oil importers scrambled to secure supply.
May 11, 2023, 8:38 AM MDT
The Daily Oil Bulletin is seeking feedback from the energy industry about what the priorities for the next Alberta provincial government should be with regard to energy policy.
May 11, 2023, 12 AM MDT
Peyto Exploration & Development Corp.’s Q1 production increased slightly to 102,918 boe/d versus 101,549 boe/d a year earlier as new volumes from the development program were partially offset by natural declines, resulting in a one per cent increase year-over-year.
May 11, 2023, 11:07 AM MDT
PricewaterhouseCoopers Inc., LIT in its capacity as Court appointed Receiver of Everest Canadian Resources Corp (“Everest”) is seeking offers for the purchase of Everest’s SAGD facility and reserves (“McKay Thermal Project”) located approximately 45 km north of Fort McMurray.
May 11, 2023, 6 AM MDT
There are still a few seats remaining for the Fundamentals of ESG Management, hosted at the University of Calgary’s downtown campus and home of The School of Public Policy. Once again, Canada’s #1 policy school is home to the executive certificate that leads in ESG.
May 11, 2023, 6 AM MDT
With increased federal and provincial investment in CCUS technologies, more and more O&G companies are considering CCUS initiatives.
May 11, 2023, 6 AM MDT
Paramount Resources Ltd. has restored 75 per cent of the approximately 50,000 boe/d of production that had been temporarily curtailed as a result of the Alberta wildfires.
May 11, 2023, 12 AM MDT
Over the last number of years, Birchcliff Energy Ltd. has strategically built a large, contiguous 100 per cent working interest Montney land position in the Elmworth area of Alberta, located 25 kilometres to the south of the company’s producing properties in Pouce Coupe and Gordondale.
May 11, 2023, 12 AM MDT
As a result of the ongoing impact of a force majeure event on Pembina Pipeline Corporation’s Northern Pipeline system, Birchcliff Energy Ltd. currently expects that it will be on the low end of its annual average production guidance range of 77,000 to 80,000 boe/d.
May 11, 2023, 12 AM MDT
Athabasca Oil Corporation expects Western Canadian Select (WCS) prices to strengthen in the back half of 2023 and into 2024.
May 11, 2023, 6:11 AM MDT
Pieridae Energy Limited generated funds flow from operations of $41.6 million ($0.26 per basic and fully diluted share), up 19 per cent from $34.9 million ($0.22 per basic and fully diluted share) in Q1 2022.
May 11, 2023, 6:24 AM MDT
Tidewater Midstream and Infrastructure Ltd.’s total Q1 midstream throughput volumes of 390 mmcf/d represent a six per cent increase over the previous quarter.
May 11, 2023, 9:39 AM MDT
Tidewater Renewables Ltd.’s immediate focus remains on the safe and successful commissioning of its renewable diesel facility.
May 11, 2023, 9:15 AM MDT
In the first quarter of 2023, PHX Energy Services Corp. spent $18.6 million in capital expenditures, of which $10 million was spent on growing the company’s fleet of drilling equipment, $4.8 million was spent to replace retired assets, and $3.8 million was spent to replace equipment lost downhole during drilling operations.
May 11, 2023, 9:55 AM MDT
As a precautionary measure related to wildfires ravaging parts of Alberta in early May, Tamarack Valley Energy Ltd. has reported some shut-ins.
May 11, 2023, 2:36 PM MDT
Higher well completions activity in Western Canada, combined with improved coiled tubing activity across it core areas, resulted in STEP Energy Services Ltd. reporting record revenues in the first quarter of 2023.
May 11, 2023, 10:21 AM MDT
All Pembina Pipeline Corporation facilities previously shut down due to the wildfires have resumed operations.
May 11, 2023, 5:14 PM MDT
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