As capital exits the energy market in Russia and potentially other authoritarian regimes, Canada can offer a “safe landing” for that investment, says the new head of the Canadian Association of Petroleum Producers (CAPP).

Whitecap Resources Inc. has bulked-up its Montney asset base and gained entry into the Duvernay after announcing Tuesday it will acquire XTO Energy Canada for approximately $1.9 billion in cash and the assumption of estimated positive working capital on closing, resulting in net purchase price of $1.7 billion.

Whitecap Resources Inc. announced Tuesday it has entered into a purchase and sale agreement to acquire XTO Energy Canada. The following table lists other significant acquisitions since 2020.

Over the last year we have seen a number oil and natural gas companies, both privately-held and publicly-traded, enter into more unconventional debt structures which provide the capital required for the acquisition of oil and natural gas assets and companies.

A Quebec-headquartered company wants to help Europe diversify its energy supply within the decade.

A robust measurement, monitoring and verification (MMV) plan is a fundamental component to any proposed carbon capture, utilization and sequestration (CCUS) operation.

Industry drilled 2,022 wells across Canada through the first five months of 2022, excluding experimental holes, up 38 per cent from 1,469 wells rig released to the end of May last year.

Plains Midstream Canada today announced plans to install a 5 MW/10 MWh battery energy storage system (BESS) at the natural gas liquids fractionation and storage facility joint venture that Plains operates in Sarnia, Ont.

E3 Lithium says it has created its first successful battery through a collaboration with Pure Lithium.

Coelacanth Energy Inc. is extending the expiry date of its unlisted common share purchase warrants.