The Russian invasion of Ukraine has propelled energy security to the top of political agendas. Europe’s desire to reduce its dependence on Russian oil and gas creates opportunities for producing countries the world over, including Canada. It’s no surprise that energy companies and premiers of producing provinces are advocating that Canada can help strengthen European energy security.
In its newly-released Energy Outlook 2022, BP plc highlights three scenarios exploring the possible implications of different judgements and assumptions concerning the nature of the energy transition to 2050.
Imperial Oil Limited continues to make strides in advancing its ESG and sustainability initiatives, efforts that the company will continue to be “highly committed” to, says president and CEO Brad Corson.
When it comes to advancing its Indigenous reconciliation efforts, Imperial Oil Limited believes it’s making good progress, says Sherri Evers, senior vice-president, commercial and corporate development.
The price CES Energy Solutions Corp. pays for a freight container from China is now 478 per cent more expensive than it was in January 2021.
Waterous Energy Fund (WEF) closed the amalgamation of Strathcona Resources Ltd., Caltex Resources Ltd. and the Tucker thermal oil property.
Sproule’s annual Global Outlook Report examines the key themes driving the direction of crude and natural gas markets, including the near-term disruption from Russian sanctions. It also considers the evolution of global carbon markets in a post-pandemic world.
Inter Pipeline (IPL) and Rockpoint Gas Storage have submitted a joint application as part of Alberta's Energy's Request for Full Project Proposals (RFPP) to develop a new carbon capture sequestration (CCS) hub in Alberta's Industrial Heartland.
Saturn Oil & Gas Inc. has outlined a 2022 capital expenditures budget totalling $50 million.
The Saskatchewan government outlined two programs: Saskatchewan Emissions Inventory will further expand methane modelling and measurement in the province, while the Gas Commercialization Mapping (GCM) Service will highlight methane-concentrated areas and allow the energy sector to better plan and collaborate on scaled methane capture and commercialization projects, including with Crown utilities.
Cathedral Energy Services Ltd.’s estimated 2022 gross capital plan is approximately $14.9 million, excluding any potential acquisitions.
Exxon Mobil Corporation said today that Matt Furman has been elected vice-president of public and government affairs, effective April 1, replacing Suzanne McCarron, who has elected to retire after 24 years of service.
Petrus Resources Ltd. has closed its previously announced acquisition of a privately owned limited partnership and its general partner for total consideration of approximately $14.4 million, consisting of the issuance of 10 million common shares of the company.