Ottawa released its long-awaited Emissions Reduction Plan this week. A voluminous 271 pages, the plan charts the government’s path for climate policy to 2030.

The total enterprise value of merger and acquisition (“M&A”) transactions in the Canadian oil and natural gas industry, dropped 9 per cent in 2021 to $18.1 billion from $19.9 billion 2020. 

The province sold 16,288 hectares of P&NG rights and earned $8.64 million in the March 23 land sale.

Arcus Power Corp. today announced Series A funding of $11 Million (CDN). This round of funding was led by Longbow Capital Inc.

Fuelling Canada, a new natural gas information hub, was launched in November 2021 with the goal of helping Canadians better understand the foundational role of this energy source across the country. In 2021, natural gas met 38% of our energy needs, nearly double that of electricity.

During the Rural Municipalities of Alberta (RMA) 2022 Spring Convention held earlier this month, Premier Jason Kenney told delegates those oil and gas companies that have not paid their property taxes must do so, and his government will work with the rural municipalities to make sure that happens.

The federal government announced a combined investment of over $12 million to seven organizations that are advancing emerging clean technologies.

The Canada Border Service Agency (CBSA) has launched investigations to determine whether certain drill-pipe from China is being sold at unfair prices in Canada and whether these goods are being subsidized, with the results of investigations potentially resulting in additional duties for these goods within the next three months.

Desiring more innovation in the natural gas sector, the Canadian Gas Association (CGA) hired John Adams in 2016 to help create the in-house Natural Gas Innovation Fund (NGIF).

The Saskatchewan oil and gas sector is in back-bounce mode after some tough years and the future looks promising for both industry and the province, says Bronwyn Eyre, minister of energy and resources.

Many people employed in Canada’s oil and gas sector can have a vital role in the energy transition, according to the authors of a new report.

Rubellite Energy Inc. has closed its previously announced upsized bought deal and non-brokered private placement financings of common shares for aggregate gross proceeds of $38.74 million.

Avanti Energy Inc. has granted 935,000 stock options to certain consultants, directors and officers of the company.