Global spending falls dramatically on the back of low prices & changing spending habits. Two years of acquisitions create new 90,000 boe/d for Appalachian Basin producer in U.S. Deal-making grinds to complete halt in uncertain Canadian climate.
The Canadian oil and gas industry is in crisis, with volatile prices, regulatory issues, and market access and diversification concerns driving down capital investment, according to the third annual Daily Oil Bulletin Industry Survey.
Read this post report providing insights into leading edge and future-oriented research on low carbon transport, along with their implications for Alberta—including the challenges of developing biofuels, lithium, and hydrogen industries within Alberta.
How much U.S. companies increased hedged vol. since 2017. Why gas companies were far more inclined to hedge production than more oil-focused counterparts? Top 10 O&G hedgers by volume heading into Q4 2018.
The oil and gas industry is responsible for 42 per cent of methane released into the atmosphere, says
Environment Canada, so reducing emissions from industry facilities has great potential to further position Alberta as a clean energy supplier in the future.How can we accelerate progress and thrive in a more competitive, low carbon future?
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