The Alberta government raked in $52.14 million at its March 6 land sale, powered by parcels in the oilsands auction.

While Tourmaline Oil Corp. is cutting its capital expenditures in 2024 and expects to keep natural gas production flat in response to low prices, it remains bullish the pull on natural gas from the startup of LNG Canada in 2025 will push prices higher.

Ovintiv Inc. continues finding ways to get more for less out of its Permian assets, reporting an 18 per cent improvement in capital efficiency over its original 2023 guidance, chief operating officer Greg Givens told analysts at the company’s year-end conference call. 

To transition to a sustainable world, we’ll need to reconfigure the five domains of our industrial system: how we feed ourselves, how we move, how we construct the infrastructure we live and work in, how we make things and how we power all of this in a way that reduces carbon intensity.

A new course will provide actionable insights and strategies for oil and gas companies to improve their compliance efforts, build trust with regulators, and enhance their reputation and resilience. 

A new labour strategy for Saskatchewan has been released by the provincial government to tackle the lack of workers for hundreds of vacancies in the job market, including in energy, at a time when the province is growing at its fastest rate in a century.

Increased well productivity, combined with gas market diversification, helped Tourmaline Oil Corp. deliver net earnings of slightly under $1.74 billion in 2023, despite low gas prices throughout the year.

Ingram Gillmore will be retiring as Gear Energy Ltd.’s president and chief executive officer, effective April 8, 2024.

Eni, Equinor and Repsol — three European majors with advanced climate strategies — are matching the low carbon investments of larger operators while spending less on oil and gas production growth and returning less cash to shareholders.

NOV Inc. announced the appointment of Patricia Martinez to its board of directors, effective March 6, 2024.

Compass Energy Systems Ltd. will be changing its United States subsidiary name from Compass Compression Solutions Inc. to Compass Energy Systems (USA) Inc.

In the first half of 2024, Surge Energy Inc. continues to execute an active drilling program in both the Sparky and SE Saskatchewan core areas, with 29.7 net wells budgeted to be drilled.

Coelacanth Energy Inc. outlined a capital budget of up to $128 million to be invested in 2024 and Q1 2025.

Yangarra Resources Ltd. continues to refine its drilling approach resulting in a dramatic reduction in drilling times and drilling costs.

Fort McKay First Nation (FMFN) and Suncor Energy Inc. signed a memorandum of understanding (MOU) on a prospective oilsands lease development opportunity on Fort McKay reserve lands in the Regional Municipality of Wood Buffalo and respectively Fort McKay First Nation Traditional Territory.

Ontario's grid operator is expanding its efforts to take advantage of the rapid growth of energy storage, hybrid generation/storage facilities and small-scale electricity resources to help meet Ontario's future electricity needs.

Enbridge Inc. closed its acquisition of The East Ohio Gas Company (EOG) from Dominion Energy, Inc.

Total Energy Services Inc.’s subsidiary Savanna Energy Services Pty Ltd. has completed the acquisition of all of the shares of Saxon Energy Services Australia Pty Ltd. from SLB.