Kiwetinohk Energy Corp. is the first Canadian member of the Oil & Gas Methane Partnership 2.0. (OGMP 2.0). A program manager for the partnership hopes it will be the first of many Canadian operators joining the group.
The Hoffmann Family of Companies (HFOC), a U.S.-based, family-owned private equity firm, has acquired majority ownership of CDN Controls Ltd. (CDN) — a leading player in electrical and instrumentation maintenance, automation, communication and renewable/solar services.
North American Construction Group (NACG) reported steady performance of its heavy equipment fleet from the second quarter to year-end 2023.
Calfrac Well Services Ltd. says 2024 has gotten off to a tepid start for its North American segment and the company could defer some planned spending in the coming months as a result.
Oil and gas companies recognize the vital role Carbon Capture, Utilization and Storage (CCUS) could play in helping reduce carbon dioxide emissions in their operations.
Teine Energy Ltd. (“Teine” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of certain non-core oil and natural gas interests located in the Pembina area of Alberta (the “Property”).
With the proceeds of its sale of its Pipestone facilities to AltaGas Ltd. putting Tidewater Midstream and Infrastructure Ltd. on firmer financial footing, improving efficiency and utilization at its remaining Deep Basin infrastructure will be the major focus for the company’s new executive management team in 2024.
Rubellite Energy Inc. expects exploration and development capital spending to be approximately $12 - $13 million in the first quarter of 2024.
Rubellite Energy Inc.’s land purchases in the quarter were $1.2 million, bringing total land expenditures for 2023 to $4.0 million.
Rubellite Energy Inc. rig released a total of 11 (11.0 net) wells in its two-rig, fourth quarter development drilling program at Figure Lake.
Drilling rig activity in Western Canada and the Top 10 active operators as of March 15, 2024 as reported this morning by Rig Locator.
The U.S. rig count is up seven from last week to 629 with oil rigs up six to 510, gas rigs up one to 116 and miscellaneous rigs unchanged at three.
The Canada Energy Regulator (CER) is reviewing leave to open (LTO) applications for the Trans Mountain expansion project.
X-Energy Reactor Company, LLC opened the first training centre for future operators of its Xe-100 advanced small modular reactor in Frederick, Maryland.
Baytex Energy Corp. announced the pricing and upsize to US$575 million of its previously announced private placement offering of senior unsecured notes due 2032.