Oil & Gas
Chevron CEO says Venezuela oil output could rise 50% this year
Monday, May 1, 2023, 6:25 AM MDT
Chevron Corporation’s oil production in Venezuela has reached 100,000 bbls/d and could rise 50 per cent this year, CEO Mike…
Imperial targeting mid to late decade for its Cold Lake carbon capture project
Monday, May 1, 2023, 6:02 AM MDT
Imperial Oil Limited could begin injecting and storing CO2 emissions from its Cold Lake operations by the middle of this…
Analysis: Don’t give up the day job: The world still needs oil and gas, and its workers
Thursday, April 27, 2023, 8:37 AM MDT
Oil and gas production will be needed for years to come — but who will run the rigs and work…
Pioneer CEO will retire and be replaced by COO
Thursday, April 27, 2023, 7:19 AM MDT
Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield, an architect of the shale boom that made the US an…
Trudeau urged to make good on critical mineral commitments during New York City visit
Thursday, April 27, 2023, 6:16 AM MDT
Prime Minister Justin Trudeau is headed to the U.S., hoping to capitalize on last month's well-received presidential visit as he…
Precision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year ago
Thursday, April 27, 2023, 6:06 AM MDT
Precision Drilling Corp. reported a first-quarter profit compared with a loss a year ago as its revenue rose nearly 60…
Cenovus reports Q1 profit down, lowers production guidance and raises dividend
Wednesday, April 26, 2023, 6:48 AM MDT
Cenovus Energy Inc. lowered its production guidance for the year and raised its dividend as it reported a first-quarter profit…
The dash for hydrogen
Wednesday, April 26, 2023, 6 AM MDT
Canada is one of several countries looking to develop the first wave of export-focused hydrogen projects. But, with the sector…
Top production performers for February: Focus on Montney, Duvernay, Clearwater, Charlie Lake
Tuesday, April 25, 2023, 8:50 AM MDT
With a resurgence of drilling across the Western Canadian Sedimentary Basin we continue to see growth in both oil and…
Oil companies rejected by Supreme Court on climate suits
Tuesday, April 25, 2023, 7:12 AM MDT
The US Supreme Court turned away oil-company appeals that sought a key procedural edge in about two dozen lawsuits blaming…
Energy transition or energy addition?
Thursday, April 20, 2023, 6 AM MDT
Investment in renewables and clean energy technology is at an all-time high and climbing fast. But production of oil and…
Investment in North American upstream increasing, but pipeline permitting issues slowing growth
Wednesday, April 19, 2023, 6 AM MDT
Global upstream oil and gas investment fell from a peak of just under $900 billion in 2014 to less than…