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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…