Attracting young people to the energy sector is now more critical as older workers become eligible to cash in stock options taken out in the early days of the COVID-19 pandemic, according to the latest employment study by Raymond James Financial, Inc.
June 1, 2023, 12 AM MDT
The pressing need for production of low-carbon hydrogen has pulled electrolysis into the spotlight.
June 1, 2023, 12 AM MDT
The Alberta government collected $21.45 million at its May 31 sale.
June 1, 2023, 12 AM MDT
In a game-changing move during its 2023 budget, the Government of Canada announced C$83 billion in tax credits and other incentives to decarbonize the economy and position Canada as a leader in the energy transition. The government is incentivizing investments in the energy transition through a suite of funding tools to ensure Canada remains competitive and takes a leadership role in the green economy.
June 1, 2023, 6 AM MDT
After 15 years of service, an unexpected exit from a multi-national, multibillion-dollar oilfield services company had Matthew Kenna asking the question, “Do I find a new job or start my own company?”
June 1, 2023, 6 AM MDT
360 Energy Liability Management Ltd. (360) is pleased to announce the strategic acquisition of Astute Environmental and Regulatory (Astute).
June 1, 2023, 11 AM MDT
June 1, 2023, 12 AM MDT
Shawcor Ltd. has sold its Shaw Pipeline Services (SPS) operating unit to a U.S.-based investor group which includes Achieve Capital LLC and members of current SPS management.
June 1, 2023, 3:22 PM MDT
Source Rock Royalties Ltd. has closed the acquisition of fee title mineral interests in two quarter sections of land and a two per cent gross overriding royalty (GORR) in approximately 5,800 gross acres (nine sections) of land in southeast Saskatchewan.
June 1, 2023, 2:42 PM MDT
In Canada, Precision Drilling Corporation has 46 rigs active today and expects to have over 60 rigs active by the end of the month “as we begin to emerge from the lows of spring breakup,” said the company in an operation update.
June 1, 2023, 6 AM MDT
Shawcor Ltd.’s pipe coating division, Pipeline Performance Group (PPG), has received five formal contract awards and one letter of intent (LOI) for development projects in South America, Mexico and the Ivory Coast.
June 1, 2023, 6 AM MDT
June 1, 2023, 8:36 AM MDT
As of May 29, 2023, all 11 (11.0 net) Viking wells drilled during Obsidian Energy Ltd.’s first half 2023 development program are onstream.
June 1, 2023, 12 AM MDT
With the addition of the Industrial and Commercial Bank of China (Canada) to Obsidian Energy Ltd.’s banking syndicate, the company announced an increase to its syndicated credit facility to $240 million from $200 million, successfully completing its near-term objective of enhancing liquidity and providing more flexibility for its return of capital strategy.
June 1, 2023, 12 AM MDT
The federal government announced up to $86 million in federal investments, subject to final negotiations, to convert the oil refinery in Come By Chance, Newfoundland and Labrador, into a world-class renewable diesel facility.
June 1, 2023, 12 AM MDT
Paramount Resources Ltd. appointed Jill McAuley of Calgary to its board of directors.
June 1, 2023, 12 AM MDT
June 1, 2023, 10:10 AM MDT
SaskPower has selected Graham Black & Veatch, a joint venture between Black & Veatch’s construction entity in Canada, OCI, and Graham Construction, to complete the additions of one simple cycle gas turbine to the Ermine Power Station, located near Kerrobert, and another to the Yellowhead Power Station, located near North Battleford.
June 1, 2023, 8:34 AM MDT
Gear Energy Ltd. completed its borrowing base review, resulting in an increase in the syndicated credit facility from $42 million to $50 million.
June 1, 2023, 8:36 AM MDT
June 1, 2023, 6 AM MDT
June 1, 2023, 6 AM MDT
Smart data and advanced technologies are shaping an exciting new era in pipeline integrity, one in which owners and operators can rest easier knowing their assets are protected, well maintained, and risks are mitigated.
June 1, 2023, 6 AM MDT
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