Russia’s invasion of Ukraine seems to have provided a sort of “social licence” for otherwise cautious investors to drill for more oil and gas as economies around the world turn away from Russian hydrocarbons, says Per Magnus Nysveen, senior partner and head of analysis, Rystad Energy AS.
Following the departure of chief executive Peter Zebedee to Suncor Energy Inc., LNG Canada has appointed an interim CEO.
Eavor Technologies Inc. is working with various stakeholders around the province to develop a pristine multiple drill pad somewhere in Alberta for the purposes of testing new technologies and ideas in the geothermal arena — the Canadian Centre for Geothermal Drilling and Technology Excellence.
Canada’s oil and gas industry is well positioned to supply the world with secure, affordable, low-carbon energy, panel members at the Canadian Energy Executive Association’s (CEEA) annual Oil & Gas Beyond Boomers conference in Calgary told a packed house at the Calgary Petroleum Club.
While the Auditor General of Alberta determined that the Ministry of Energy has designed and implemented the Site Rehabilitation Program (SRP) to meet the program’s objectives, promptly issuing grants that have helped create employment in Alberta’s oil and gas sector during economically-challenging times, he also found the ministry did not have an adequate process to identify, analyze and respond to key risks to the SRP.
Contact Wade Berry at North Star Freehold for more information and a list of the titles for sale, 403-630-9324, wberry@bellnet.ca., written offers will be accepted until the close of business April 29, 2022.
Suncor Energy Inc. has appointed Peter Zebedee as the executive vice-president of Mining and Upgrading, effective April 11, 2022.
The Saskatchewan government is forecasting $867.5 million in oil and natural gas royalties for the 2022/23 fiscal year, off from the $888.8 million forecast for the previous fiscal year.
NeoLithica Ltd. and Conductive Energy Inc. have entered into a strategic joint venture agreement between NeoLithica and Conductive's wholly-owned Canadian subsidiary LiEP Resources to integrate its proprietary and patented LiEP System into NeoLithica's commercial production operations to produce 20,000 tonnes of LCE (lithium carbonate equivalent) annually.
Imperial Helium Corp. confirmed raw gas deliverability of 10-15 mmcf/d from its first two wells, IHC-Steveville-2 (10-22-020-12W4) and IHC-Steveville-3 (12-12-020-12W4).
First Helium Inc. has drilled, completed and tested the company's second exploration well on its Worsley Property.
Acceleware Ltd. is launching a second non-brokered private placement of 10 per cent unsecured convertible debentures due 2026, for approximate gross proceeds of $1 million.
Mark A. Houser, who started his energy industry career in 1984, has been appointed to the Enerplus Corporation board of directors.