With his extensive experience and knowledge of light oil in the Western Canadian Sedimentary Basin, Athabasca Oil Corporation president and CEO Rob Broen has long envisioned unlocking the massive potential of the company’s vast, yet underexploited, Kaybob Duvernay assets in the Fox Creek area of Alberta.
While the Trudeau government is inevitably leaning towards the eventual sale of Trans Mountain Corporation’s pipeline, chief financial and strategy officer Mark Maki told DOB Energy that the company believes the government should be in no hurry to sell.
Reliance Industries has bought two million bbls of Canadian crude from Shell plc for July delivery, marking the Indian refiner's first oil purchase from Canada's new Trans Mountain pipeline, trade sources said.
Imperial Oil Limited expects currently strong WTI-WCS differentials will be sustained and even improve as the Trans Mountain expansion project edges closer to operational start-up.
Imperial Oil Limited says its Cold Lake Grand Rapids Phase 1 growth project continued to progress steam injection throughout the first quarter and is on track to begin ramping up production in the coming weeks.
Imperial Oil Limited appointed Cheryl Gomez-Smith as senior vice-president, upstream, effective May 1, 2024.
Warm winter weather, combined with rapid production growth, resulted in U.S. natural gas storage levels exiting the winter withdrawal season almost 40 per cent above the five-year average, driving the Henry Hub spot price well below US$2/mmBtu in the first quarter of 2024.
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.
A new course teaches organizations how to assess risks along their supply chains to incorporate sustainable practices into their operations.
Themed “Energy Powering Opportunity,” Global Energy Show Canada will provide the opportunity to understand energy sustainability strategies, how oil and gas is still vital to the functioning economy, and how hydrogen has the potential to power our everyday lives.
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Bids for exploration licences in the Eastern Newfoundland Region.
Enerflex Ltd. reported a successful appeal regarding an ongoing legal proceeding in Mexico.