Suncor Energy Inc. has started a “strategy re-examination” of its business, the company’s chief executive said today, with a comprehensive review of strategies and articulated objectives.
August 15, 2023, 11:04 AM MDT
Following ConocoPhillips Canada exercising its pre-emptive right to purchase the 50 per cent working interest in the Surmont in situ asset, Suncor Energy Inc. says it is continuing to evaluate the transaction to acquire the remainder of TotalEnergies SE’s Canadian operations, including the remaining 31.23 per cent working interest in Fort Hills, the company said in its Q2 results.
August 15, 2023, 12 AM MDT
Significant planned turnaround activities at OilSands Base Upgrader 2 are scheduled to start in the third quarter of 2023 and are anticipated be completed in the fourth quarter of 2023, reported Suncor Energy Inc.
August 15, 2023, 12 AM MDT
Rich Kruger, the chief executive of Suncor Energy Inc., offered some ‘lessons learned’ from the company’s recent cyber-security breach.
August 15, 2023, 1:10 PM MDT
Negotiations between the six Pathways Alliance member companies and the federal government continue to move forward, say some senior oilsands sector executives.
August 15, 2023, 12 AM MDT
Tidewater Renewables Ltd.’s delayed Hydrogenation Derived Renewable Diesel (HDRD) facility in Prince George, B.C., has made significant progress and is now days from starting commercial operation, said chairman and interim CEO Rob Colcleugh.
August 15, 2023, 7:55 AM MDT
The ability to store natural gas to capture both short-term opportunities driven by price volatility and opportunities from traditional seasonal demand shifts is becoming a valuable asset as the pace of North American gas production has outstripped storage development, Tidewater Midstream and Infrastructure Ltd. interim chief executive officer Rob Colcleugh told analysts during the company’s second quarter 2023 conference call.
August 15, 2023, 10:10 AM MDT
Field reviews are a regulatory component of any proactive Integrity Management Plan, yet many small to medium-sized energy producers find the undertaking challenging.
August 15, 2023, 8:13 AM MDT
Spanish energy group Repsol is increasing its focus on renewable energy as part of its effort to cut corporate emissions.
August 15, 2023, 12 AM MDT
Italian oil and gas company Eni has committed heavily to renewable power production as part of its decarbonization efforts.
August 15, 2023, 12 AM MDT
August 15, 2023, 12 AM MDT
Petrus Resources Ltd. has lowered its 2023 capital budget guidance to $60 million to $75 million, $33.1 million of which has already been spent, largely on drilling.
August 15, 2023, 6:05 AM MDT
Saturn Oil & Gas Inc. is currently exploiting its deep inventory of light oil development projects in both Alberta and Saskatchewan, with one rig drilling full time in each province.
August 15, 2023, 9:20 AM MDT
Occidental Petroleum Corporation is acquiring all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.1 billion, to be made in three approximately equivalent annual payments, with the first at closing.
August 15, 2023, 2:27 PM MDT
PrairieSky Royalty Ltd. announced the departure of Cameron Proctor, chief operating officer.
August 15, 2023, 12 AM MDT
A new regulatory course will help ensure operators avoid common errors and maximize application approvals when submitting applications for pipelines, wells and facilities in Alberta’s oil and gas sector.
August 15, 2023, 8:17 AM MDT
Tenaris S.A. has entered into a definitive agreement to acquire from Mattr 100 per cent of the shares of its subsidiary Bredero Shaw International BV, which holds Mattr’s pipe coating business, for US$166 million (including working capital), on a cash-free, debt-free basis, subject to customary price adjustments.
August 15, 2023, 12 AM MDT
BluEarth Renewables has reached commercial operations at its 145 MW Hand Hills Wind Facility located near Drumheller.
August 15, 2023, 8:02 AM MDT
Advanced Ionics, the developer of a new category of hydrogen electrolyzers useful for expanding green hydrogen production, closed a $12.5 million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, GVP Climate, and Mitsubishi Heavy Industries.
August 15, 2023, 12 AM MDT
August 15, 2023, 12 AM MDT
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