Oil & Gas

Premier, sovereignty bill are barriers to progress on emerging energy: Alberta NDP

Thursday, January 12, 2023, 6:37 AM MST

Alberta’s Opposition NDP leader wants to see more details of Ottawa’s proposed plan for green energy jobs, but says Premier…

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Alberta premier won't commit to sovereignty act to rebut feds' 'just transition' plan

Wednesday, January 11, 2023, 6:52 AM MST

Premier Danielle Smith won't commit to using Alberta's controversial sovereignty act to rebut looming federal “just transition'' legislation, which she…

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Energy price volatility to continue in 2023 amid geopolitical uncertainty: Deloitte

Monday, January 9, 2023, 6:13 AM MST

Deloitte says energy prices will likely be volatile in the first quarter of 2023 as geopolitical uncertainty continues. The firm's…

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Vermilion Energy raises quarterly dividend, plans $570M capital budget for 2023

Friday, January 6, 2023, 6:16 AM MST

Vermilion Energy Inc. raised its dividend by 25 per cent as it announced a $570 million capital budget for 2023.…

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Precision Drilling beats debt reduction goal for 2022

Friday, January 6, 2023, 6:12 AM MST

Precision Drilling Corp. says it has beat its debt reduction goal for 2022. The company says it reduced its total…

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Canadian oilpatch likely to surpass 2022's production record, but only slightly

Wednesday, December 28, 2022, 6:46 AM MST

Canadian oil and gas companies are expected to increase spending in 2023, but analysts say it will be another year…

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Superior Plus buying Certarus in deal worth $1.05 billion including debt

Thursday, December 22, 2022, 7:05 AM MST

Superior Plus Corp. has signed a deal to buy Certarus Ltd., a privately owned distributor of compressed natural gas, renewable…

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EU races for deal on gas-price cap before worst of winter hits

Monday, December 19, 2022, 6:49 AM MST

European Union member states are making a desperate effort to agree on a plan to cap natural gas prices, a…

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Suncor faces charges related to injury of offshore NL worker

Monday, December 19, 2022, 6:06 AM MST

Newfoundland and Labrador's offshore oil and gas regulator says it has laid charges against Suncor Energy Inc. for alleged offenses…

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N7 Energy pleads guilty to disturbing creek bed without prior approval

Thursday, December 15, 2022, 6:13 AM MST

Alberta Energy Regulator says N7 Energy Ltd. has pled guilty to violating the province’s Water Act. The regulator says it…

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Clearwater’s ‘land rush’ – what it means for prices and availability

Tuesday, December 13, 2022, 10 AM MST

The Clearwater is one of the premier economic oil plays in North America, thanks to its relatively shallow depths and…

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Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

Friday, December 9, 2022, 6:22 AM MST

Crescent Point Energy Corp. says it has signed an agreement with Paramount Resources Ltd. to acquire additional Kaybob Duvernay assets…

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