In the DOB’s Engaging with our Future leadership series, Bill Whitelaw, managing director of Sustainability and Strategy at geoLOGIC systems ltd., sits down with some of the best and brightest CEOs in the industry to unpack the issues surrounding the energy transition and what kind of leadership is needed. Today, a conversation with Laurie Pushor, president and CEO of the Alberta Energy Regulator.

Contrary to perceptions that pursuing net-zero emissions in Alberta would be a drag on the province’s oil and gas-dominated economy, a recent report suggests it could be a boon on the order of eight times more cleantech jobs created and 15 times higher GDP contribution to the economy by 2050 than the business-as-usual scenario.

As energy supply in Europe tightens during Russia’s invasion of Ukraine, some are wondering about the potential role of a Calgary-based oil and gas producer.

Calgary-based oil and gas data and software provider XI Technologies Inc. (“XI”) announced today the release of a new module that provides data for over-the-fence evaluations of Scope 1 Emissions for facilities in AB, SK, and BC.

Keyera Corp. and Shell Canada Limited have signed a memorandum of understanding (MOU) to collaborate on potential low-carbon projects in Alberta's Industrial Heartland.

NGIF Cleantech Ventures announced an equity investment in actuator company Kinitics Automation Limited.

Crew Energy Inc.’s first quarter capital expenditures are expected to constitute approximately 60 per cent of the program’s full year total, with the remainder to be directed to projects with superior returns at Greater Septimus or Groundbirch in the second half of 2022.  

MEG Energy Corp. says the Toronto Stock Exchange (TSX) has approved the company’s commencing a normal course issuer bid.

NCS Multistage Holdings, Inc. reported revenues of $118.5 million for 2021, an increase of $11.5 million, or  11 per cent from the previous year.

Vertex Resource Group Ltd. closed the previously announced non-brokered private placement of $15 million principal amount of a secured subordinated convertible debenture.

Petrus Resources Ltd.’s board of directors has approved a 2022 capital budget of $50 to $55 million.

Pembina Pipeline Corporation announced that the Toronto Stock Exchange (TSX) has approved the renewal of the company’s normal course issuer bid (NCIB) to purchase up to five per cent of its outstanding common shares.

Shell plc announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and LNG in a phased manner, aligned with new government guidance, it said this morning.