When Crescent Point Energy Corp. announced its $900-million acquisition of Shell plc’s Kaybob Duvernay assets in Alberta in February of 2021 it signaled a new core area for the company, one which has quickly climbed the ranks of priority within its asset base.

It’s possible that Crescent Point Energy Corp. could look to add to its Kaybob Duvernay asset base — as well as its other core areas — if the stars align and the company’s pillars to strike a deal are met, according to Ryan Gritzfeldt, the company’s chief operating officer.

Pembina Pipeline Corporation has entered into definitive agreements with KKR to combine their respective western Canadian natural gas processing assets into a single, new joint venture entity (Newco), which will be owned 60 per cent by Pembina and 40 per cent by KKR's global infrastructure funds.

In the fall of 2021, the U.K. energy grid suffered a major meltdown, with natural gas shortages causing price spikes, renewables dying out and gasoline bottlenecks creating long lineups at the pumps.

Over the past several years, the energy industry has witnessed a veritable surge of transactions in which Indigenous Communities (ICs) have acquired significant and meaningful ownership in infrastructure projects across the full spectrum of the energy value chain. This paradigm shift towards co-ownership frameworks fosters the long-term alignment of interests and shared prosperity between energy industry project proponents (EIPPs) and ICs in Canada.

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First Nations do desire economic development, but only if balanced against ensuring environmental protection, as the well-being of future generations remains a priority for Indigenous communities, says Steve Saddleback, director of the National Energy Business Centre of Excellence at the Indian Resource Council (IRC).

Added pressures for oil and gas companies have helped create untraditional employment opportunities in the sector.

Energy professionals need a new way to work and solutions that set them up for success to keep pace with changing market dynamics and technology.  

A major equipment enhancement by Trican Well Service Ltd. is giving the company a leg-up in the marketplace while cutting carbon emissions considerably.

360 Energy Liability Management Ltd. (360) is pleased to announce the strategic acquisition of a non-core Environmental Consulting division from a publicly traded, Integrated Environmental and Midstream Infrastructure company.

The Alberta Energy Regulator recently denied a deal worth more than $227 million and included over 3,700 licences in the Western Canada Sedimentary Basin.

Federal Natural Resources Minister Jonathan Wilkinson announced the federal government will ban crude oil imports from Russia.

Acceleware Ltd. is launching a non-brokered private placement of 10 per cent unsecured convertible debentures due 2026 for approximate gross proceeds of $1.5 million.

Western Energy Services Corp. says that the Alberta Investment Management Corporation (AIMCo), the lender under its second lien credit facility, has agreed to provide Western with a further extension of the due date for the payment of interest under the facility.