Will the federal government’s new anti-greenwashing laws actually lead to a decline in companies taking climate action?

Operators across the country licensed 524 wells in August, the lowest tally in five months, and down slightly compared to 531 wells authorized in August 2023.

Enbridge Inc. filed a “technical justification” with the Canada Energy Regulator (CER) for pressure requirements for incoming terminal piping at the Regina Wascana connection.

With the 590,000-bbl/d Trans Mountain pipeline expansion now delivering crude to U.S. West Coast and Asian markets, and LNG Canada’s 2.1-bcf/d export capacity set to come online in early 2025, Canadian operators can expect narrower pricing differentials, higher earnings, and greater potential for investment in production and reserves growth.

Logan Energy Corp. outlined details of its Duvernay land position, which represents a new play type for the company comprised of highly economic drilling inventory, and the acceleration of full field development at Pouce Coupe, including the construction of a 40 mmcf/d gas plant and associated infrastructure.

Logan Energy Corp. lifted its 2024 capital budget to $140 million from $120 million.

Occidental Petroleum Corporation subsidiary 1PointFive received $500 million from the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) to support the development of the South Texas Direct Air Capture (DAC) Hub.

Drilling rig activity in Western Canada and the Top 10 active operators as of Sept. 13, 2024 as reported this morning by Rig Locator.

The U.S. rig count is up eight from last week to 590 with oil rigs up five to 488, gas rigs up three to 97 and miscellaneous rigs unchanged at five.

NGIF Accelerator announced the launch of a $5 million cleantech challenge at the Low Carbon Business Action (LCBA) Canada Phase II launch event in Vancouver.

The B.C. Environmental Assessment Office (EAO) issued 10 administrative penalties totalling $590,000 to Coastal GasLink Pipeline Ltd. (CGL) on Sept. 11, 2024, for non-compliance with requirements of its environmental assessment certificate.

Tidewater Renewables Ltd. has completed its previously announced proposed transaction with Tidewater Midstream and Infrastructure Ltd. and has refinanced its first lien credit facilities and extended its second lien credit facilities.