A Calgary startup has identified clothing and packaging as utilization opportunities from captured carbon.

Global interest among E&P firms in carbon capture utilization and storage (CCUS) project deal making is starting to ramp up.

Broad efforts to lower industry emissions are continuing apace and myriad examples of this innovation can be seen in our ongoing coverage in Energy Evolution.

International Petroleum Corporation (IPC) reported positive operating and financial results in 2023, while it ramped up growth spending on its Blackrod SAGD project expected to deliver first oil in 2026.

Precision Drilling Corporation has set 2024 capital spending at $195 million.

Questerre Energy Corporation has named Jauvonne Kitto to its board of directors.

PTW Energy Services is proud to announce the opening of its newest branch in Hamilton, Ontario, marking a strategic expansion to better serve their Ontario clients.

Saturn Oil & Gas Inc. outlined a fully funded development capital budget of approximately $146 million, representing 47 per cent of midpoint expected 2024 adjusted funds flow, which will be directed towards the company's deep portfolio of light oil weighted development opportunities in Saskatchewan and Alberta.

Gear Energy Ltd. says its strategic repositioning process, launched last fall, has now been completed with the board of directors unanimously concluding that the various alternatives presented were not reflective of the company's underlying value nor compelling relative to the company's stand-alone prospects for growing shareholder value.

Total Energy Services Inc.’s appeal of certain Canadian income tax reassessments related to the company’s conversion from an income trust in 2009 has been dismissed by the Tax Court of Canada.

Highwood Asset Management Ltd. provided an operational update, including a 1,000 bbl/d light oil well with its inaugural stage frack wells at Wilson Creek, and to reiterate its 2024 guidance.