Oil & Gas

Texas oil regulator floats tax credits for natural gas projects

Friday, August 6, 2021, 6:43 AM MDT

The natural gas industry should receive tax incentives similar to those provided for renewable energy projects, according to one of…

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BP closes big oil earnings season with surprise dividend boost

Tuesday, August 3, 2021, 6:58 AM MDT

BP plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit. The…

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Alberta receives inquiry's final report on eco groups and energy industry

Tuesday, August 3, 2021, 6:12 AM MDT

The public inquiry report into what the Alberta government labels troublesome foreign funding of enviro-groups was delivered Friday – a…

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N.L. oil refinery with uncertain future has new buyer interested in renewable fuels

Friday, July 30, 2021, 6:11 AM MDT

An idled oil refinery in the Newfoundland and Labrador town of Come By Chance has found a buyer. A spokesperson for the…

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Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

Wednesday, July 28, 2021, 6:10 AM MDT

Crescent Point Energy Corp. raised its 2021 production guidance stemming from higher energy prices after swinging to a $2.14-billion profit…

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Pembina to pocket $350 million after terminating acquisition of Inter Pipeline

Tuesday, July 27, 2021, 7:03 AM MDT

Pembina Pipeline Corp. will pocket a $350-million break fee after terminating its acquisition of Inter Pipeline Ltd. The move comes…

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BHP is said to mull oil exit in retreat from fossil fuels

Wednesday, July 21, 2021, 6:48 AM MDT

BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from…

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Climate talk overtakes ‘growth’ on fossil fuel conference calls

Tuesday, July 20, 2021, 6:30 AM MDT

The world’s biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their…

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First Nation, LNG partners file project description for new project in northern B.C.

Tuesday, July 20, 2021, 5:58 AM MDT

A liquefied natural gas project being proposed in a northern B.C. First Nation could soon produce millions of tonnes of…

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Act now! Deadline approaching for Rising Stars nominations

Monday, July 12, 2021, 6:39 AM MDT

The Daily Oil Bulletin, Fluor Canada, and geoLOGIC systems are searching for the best and brightest in the Canadian oil…

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U.S. projects modest oil output increase in 2021 despite high prices

Thursday, July 8, 2021, 6:52 AM MDT

The U.S. sees limited domestic oil production growth through next year despite rising oil prices and rebounding demand. Oil explorers…

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Cloud computing can drive collaboration and workflow efficiency for oil and gas companies

Wednesday, July 7, 2021, 6 AM MDT

Cloud computing can answer many challenges facing oil and gas companies by ensuring ideal data sets and visualization tools are…

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