“The future will see tens of millions more EVs on the roads, even without government programs that favour or mandate them,” Mark P. Mills wrote in Electric Vehicles for Everyone? The Impossible Dream, a Manhattan Institute report released in July.

AltaGas Ltd. has declared a positive final investment decision (FID) on the Pipestone Phase II expansion project, following the completion of key de-risking milestones.

Tidewater Midstream and Infrastructure Ltd. has closed the previously announced sale of its Pipestone natural gas plant, Pipestone expansion project and Dimsdale natural gas storage facility to AltaGas Ltd.

Razor Energy Corp. advised that, as a result of financial disputes with the operator of the Judy Creek gas plant, the operator has restricted access and has ceased processing Razor’s Swan Hills natural gas production.

The Alberta Securities Commission announced Dec. 27 that Behjat Haghshenas admitted to illegal insider trading in the securities of Leucrotta Exploration Inc. before the March 28, 2022, public announcement that Vermillion Energy Inc. and Leucrotta had entered into an agreement pursuant to which Vermillion would acquire Leucrotta for $500 million.

In recent years, the conventional Mannville oil play around Lloydminster and Cold Lake has witnessed a surge in activity and production.

High Arctic Energy Services Inc. announced Dec. 28 that it has closed the acquisition of Delta Rental Services Ltd. for aggregate purchase consideration of $7 million subject to earn-out provisions, pursuant to a share purchase agreement between High Arctic and the shareholders of Delta.

Pason Systems Inc. has closed, effective Jan. 1, 2024, the previously announced exercise of a call option for the purchase of all remaining issued and outstanding common shares of Intelligent Wellhead Systems Inc. not previously held by Pason for total consideration of $88.2 million.

Tuktu Resources Ltd. says it has closed in escrow on the purchase of the southern Alberta oil assets owned and operated by an arm’s-length public company.

Parkland Corporation announced Dec. 31 the departure of Simpson Oil Limited nominees Michael Christiansen and Marc Halley from the company’s board of directors, effective Dec. 31, 2023.

CNOOC Limited announces that the Mero2 project has started production safely.