Oil & Gas
Over 4 million boe/d of production traded as deal values bounce back – new data
Thursday, February 10, 2022, 6 AM MST
Global upstream deal values within oil and gas returned to pre-pandemic levels in 2021, while the largest volume of production…
Canadian gas producers: Emissions performance & financial/operating outlook – new case study
Wednesday, February 9, 2022, 6:38 AM MST
Many producers are awash with free cash flow – but what does this mean for their 2022 outlook in terms…
U.S. sees record oil production next year moving even higher
Wednesday, February 9, 2022, 6:33 AM MST
U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to…
Petronas Energy Canada CEO to depart for Malaysia
Wednesday, February 9, 2022, 6:09 AM MST
Petronas Energy Canada Ltd. has announced a leadership change. The Calgary-based natural gas company, a subsidiary of state-owned Malaysian energy…
Crescent Point seeks buyer for Western Canada oil assets
Tuesday, February 8, 2022, 7:11 AM MST
Canadian light oil producer Crescent Point Energy Corp. is looking to sell a package of lands in Alberta and Saskatchewan…
BP promises another $1.5 billion buyback as profit soars
Tuesday, February 8, 2022, 6:22 AM MST
BP Plc boosted share buybacks after surging oil and gas prices lifted profit to the highest in almost a decade.…
Suncor eyes sale of U.K. oil field stake in shift from North Sea
Friday, February 4, 2022, 6:43 AM MST
Suncor Energy Inc., already marketing its assets in Norway to potential buyers, will also “assess market interest” in part of its stake…
Shell boosts buyback as profit soars on high oil, gas prices
Thursday, February 3, 2022, 6:41 AM MST
Shell Plc expanded its share buybacks after reporting profit that blew past analyst estimates on the back of surging energy…
Enerplus looking to sell Canadian assets but will maintain head office
Thursday, February 3, 2022, 6:11 AM MST
Enerplus Corp. says it is looking to sell its Canadian assets later this year but will maintain its head office.…
CAPP expects oil and gas investment to rise 22 per cent this year to $32.8 billion
Friday, January 21, 2022, 6:11 AM MST
Canada's largest oil and gas industry group says capital spending in the oilpatch will hit $32.8 billion this year, a…
Canada to face challenge in remaining major oil power, IEA warns
Thursday, January 13, 2022, 6:28 AM MST
Canada will face challenges in retaining its status as a global oil and gas power in a world transitioning toward…
Imperial to market Montney, Duvernay assets in central Alberta
Thursday, January 13, 2022, 6:07 AM MST
Imperial Oil Limited says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay…
