Recessionary concerns and the ongoing but troubled negotiations regarding the U.S. debt ceiling are weighing on the West Texas Intermediate (WTI) price, but a rebound is likely in the second half of the year, says Martin King, senior analyst RBN Energy, LLC.
May 29, 2023, 6 AM MDT
The West Texas Intermediate (WTI)-Western Canadian Select (WCS) differential has held in a healthy range over the past few months and Martin King, senior analyst with RBN Energy, LLC, expects more of the same in the second half of the year.
May 29, 2023, 6 AM MDT
Persistently weak North American natural gas prices in recent months has led to increased use of the commodity in U.S. power generation, a situation that should lead to improved pricing as 2023 continues to unfold, says a leading oil and gas sector analyst.
May 29, 2023, 10:34 AM MDT
Today, voters go to the polls in Alberta. The DOB will be gathering industry reaction when we know the results, so look for our post-election coverage.
May 29, 2023, 11:01 AM MDT
May 29, 2023, 8:47 AM MDT
Canada’s formal endorsement of the United Nations Declaration on the Rights of Indigenous Peoples in 2010 (and its Royal Assent in 2021) fundamentally changed how Canadian businesses approach Indigenous engagement.
May 29, 2023, 12 AM MDT
Methane detection and measurement technology has improved considerably in recent years. Traditionally, operators used technologies such as optical gas imaging and sniffers to detect methane emissions at source. Today, however, high-end instrumentation can be applied to aerial and mobile devices. Lower cost, IoT-enabled sensors can help identify methane at individual facilities and well sites.
May 29, 2023, 12 AM MDT
The recent death of Nipper Guest has led me to contemplate the power of entrepreneurship and the initial “spark” that ignites a new venture from a founder's energy.
May 29, 2023, 9:49 AM MDT
Enbridge Pipelines LLP will be holding a binding Open Season for the Flanagan South Pipeline Expansion (FSP, Line 59) for 95,000 barrels per day. The contracted capacity will be available as an International Joint Tariff, with receipts in Western Canada to the U.S Gulf Coast via the Enbridge Mainline, FSP and Seaway pipelines.
May 29, 2023, 12 AM MDT
On May 3, 2023, the Canadian Parliament passed Bill S-211, the Fighting Against Forced Labour and Child Labour in Supply Chains Act (also known as the Modern Slavery Act), which will take effect January 1, 2024.
May 29, 2023, 12 AM MDT
May 29, 2023, 9:27 AM MDT
PVT Energy Group Inc. (PVT) has recently announced that they have acquired the assets and real estate of Maximum Tank Truck Services Ltd., a fluid hauling company in the Peace region.
May 29, 2023, 12 AM MDT
Baytex Energy Corp. has brought back onstream the full 24,000 boe/d of production that was shut-in as a result of the Alberta wildfires.
May 29, 2023, 3:18 PM MDT
Paramount Resources Ltd. has restored the majority of production that had been temporarily curtailed as a result of the Alberta wildfires.
May 29, 2023, 5:05 AM MDT
Over the past week Crescent Point Energy Corp. has brought back on stream the full 45,000 boe/d of Kaybob Duvernay production previously shut-in due to the Alberta wildfires.
May 29, 2023, 5:37 AM MDT
May 29, 2023, 12 AM MDT
May 29, 2023, 12 AM MDT
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