With the federal election over, the new government needs to start work with the energy sector to fix the regulatory system to move new pipelines and LNG export facilities forward, TC Energy Corporation president and chief executive officer Francois Poirier said at its first quarter 2025 earnings call.
AltaGas Ltd. posted a record for exports of liquefied petroleum gases (LPGs) to Asia in the first quarter of 2025.
Throughput from the midstream operations of AltaGas Ltd. last quarter climbed eight per cent year-over-year.
NCS Multistage Holdings, Inc.’s first quarter 2025 revenue of $50 million exceeded by $4 million the high end of the company’s guided range given during its Q4 2024 call in March, a year-over-year increase of 14 per cent, and 11 per cent sequentially.
Drilling rig activity in Western Canada and the Top 10 active operators as of May 2, 2025, as reported this morning by Rig Locator.
The U.S. rig count is down three from last week to 584 with oil rigs down four to 479, gas rigs up two to 101 and miscellaneous rigs down one to four.
ARC Resources Ltd. reported net income of $405 million during the first quarter of 2025, an increase of $219 million compared to the same quarter in the prior year.
Imperial Oil Limited delivered strong financial results in the first quarter, “highlighting the resilience of our integrated business model," said Brad Corson, chair and chief executive officer.
The B.C. government has introduced legislation that will streamline permitting for renewable energy projects and expand the authority of the British Columbia Energy Regulator (BCER).
Prime Minister Mark Carney indicated interest in nation-building and removal of trade barriers in his first press conference since the federal election.
High-quality Montney assets have become increasingly scarce. Recognizing this trend, Advantage Energy Ltd.’s special committee of independent directors will continue to monitor the markets to identify opportunities that are in the best interest of Advantage and shareholders.
In the first quarter of 2025 Headwater Exploration Inc. drilled seven successful producing multilateral wells and six water injection wells across Marten Hills West, further delineating both the Clearwater sandstone and Clearwater E formations.
Effective April 4, 2025, Lara Conrad has resigned as senior vice-president and chief development officer of ARC Resources Ltd.