In light of a recent fatality at its Base Plant and additional operation incidents in December at the Syncrude mine and Firebag, Suncor Energy Inc. is continuing in its efforts to enhance its safety and operational culture and performance, says CEO Mark Little.
Lifted by a strong commodity price environment and healthy refining margins, Suncor Energy Inc. booked a fourth quarter profit of $1.55 billion compared to a net loss of $168 million in the prior year quarter while generating record adjusted funds flow of $3.1 billion.
The Petroleum Services Association of Canada (PSAC) anticipates increased activity across all oilfield service lines in 2022, with top brass highlighting an increase in site rehabilitation work.
Saskatchewan kicked off its 2022 land sale schedule with a $6.14-million sale.
The Alberta Energy Regulator (AER) has authorized Shell Canada Limited and Pieridae Alberta Production Ltd.’s request to withdraw the applications to transfer all licences and approvals for Shell’s Foothills assets.
Sayer Energy Advisors has been engaged to assist Longshore Resources Ltd. (“Longshore” or the “Company”) with the sale of its non-core oil and natural gas interests located in the Consort/Provost area of Alberta (the “Property”).
Develop smart specifications including document import and editing, search and traceability and approval workflows.
Delivering a compelling sustainability narrative, backed by data, has become imperative to access capital in today’s global investment market.
Tamarack Valley Energy Ltd. has entered into an underwriting agreement to sell, on a private placement basis, $200 million aggregate principal amount of 7.25 per cent senior unsecured sustainability-linked notes due May 10, 2027.
ConocoPhillips’s Canadian unit today reported positive earnings for the year, reversing a loss from last year.
Development of OPAS Mobile’s platform to automate industrial operations (i.e., fleet coordination, HSE reporting and timecards) is just one example of an existing venture applicable to the energy sector that will benefit from a newly-announced collaboration between Atlantic Canada’s Genesis and ExxonMobil Canada Properties (Hebron operator) and Hibernia Management and Development Company Ltd. (Hibernia operator), says Andrew Goldsworthy.
The Alberta Energy Regulator (AER) has released its Upstream Petroleum Industry Emissions Report, in which the regulator reports on its emissions with changed definitions for 2020, and also shows a year-over-year drop in bitumen, crude oil and natural gas output for that year.
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 3, 2022 as reported this morning by Rig Locator.
ROK Resources Inc. has entered into an arm’s-length definitive agreement to acquire certain oil and gas assets, primarily in Saskatchewan and Alberta, from Federated Co-operatives Limited and its wholly-owned subsidiary 2214896 Alberta Ltd., for total consideration of approximately $72 million.
Here are highlights of ROK Resources Inc.’s acquisition announced on Thursday.
The Alberta Energy Regulator (AER) has received a project update from Canadian Natural Resources Limited for approval of the Horizon North Pit Extension (NPE) project.
Kiwetinohk Energy Corp. appointed two new independent directors, Judith Athaide and John Whelen, effective Feb. 3, 2022.
Chris Kupchenko has been appointed vice-president of corporate strategy and development of Enhance Energy.
The Municipal District of Greenview has signed an agreement with the Alberta government to purchase approximately 2,000 acres (809 hectares) of land for the Greenview Industrial Gateway (GIG), focusing on the development and processing of natural gas.
Enbridge Inc. and the First Nation Capital Investment Partnership (FNCIP) have reached an agreement to advance the proposed Open Access Wabamun Carbon Hub west of Edmonton.
CGG has joined a CCUS research program offered by Carbon Management Canada (CMC).
Imperial Helium Corp. confirmed the presence of helium in an additional zone on the Steveville Structure.
Avanti Energy Inc. has successfully completed the drilling phase of its second helium exploration well, WNG 11-22, on its Greater Knappen project, located in Montana.
The Quebec government tabled a bill today that aims to expropriate the assets of oil and gas companies without offering “financial compensation compliant with Quebec legislation on expropriation,” according to Utica Resources.