Oil & Gas

Calfrac Well Services planning $55 million capital spending program for 2021

Tuesday, December 8, 2020, 7:20 AM MST

The oilfield services company says the plan consists primarily of maintenance capital expenditures. Calfrac president and chief operating officer Lindsay…

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Chevron CEO vows higher returns, lower carbon to revive Big Oil

Tuesday, December 8, 2020, 6:32 AM MST

Fresh from overtaking Exxon Mobil Corporation as North America’s biggest oil company, Chevron Corp. has a “simple promise” to investors: higher…

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Layoffs at Husky worksite announced after company gets $41.5 million in public cash

Tuesday, December 8, 2020, 6:21 AM MST

The head of a Newfoundland and Labrador labour organization says there were hopes a few dozen tradespeople might be rehired…

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Master methane emissions regulations understanding and mitigation technologies through new course

Monday, December 7, 2020, 6:54 AM MST

On Jan. 21, 2021, the CERI Methane Emissions Management (MEM) course will provide an overview of federal and provincial methane…

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Oil falls from nine-month high with dollar strengthening

Monday, December 7, 2020, 6:41 AM MST

Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets. Crude futures were…

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Crescent Point Energy sets defensive capital spending budget for 2021

Monday, December 7, 2020, 6:10 AM MST

Crescent Point Energy Corp. says it is cutting its capital spending budget for 2021 because of the ongoing volatility in…

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Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

Friday, December 4, 2020, 6:16 AM MST

Husky Energy Inc. will receive $41.5 million in federal money to maintain jobs and move toward restarting its West White…

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New course charts ESG fundamentals for oil and gas producers

Thursday, December 3, 2020, 11:55 AM MST

Course description In a world where climate is dominating not only the public conversation but also access to capital, energy…

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"Canada really sticks out:' Studies show banks not so green on climate change

Thursday, December 3, 2020, 6:28 AM MST

International analyses suggest Canadian financiers are oiling the wheels of the fossil fuel industry at a far greater rate than…

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Three key insights on licensing trends in Western Canada

Thursday, December 3, 2020, 6:09 AM MST

The Daily Oil Bulletin generates several reports on licences that provide insight on upcoming drilling trends in Western Canada. Click…

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Petrobras CEO calls net zero a fad, echoing Exxon’s focus on oil

Wednesday, December 2, 2020, 6:53 AM MST

Petrobras is pledging a 25 per cent cut in carbon emissions by 2030, but that hasn’t stopped chief executive officer…

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OPEC talks on production hit snag as pandemic clouds outlook

Wednesday, December 2, 2020, 6:24 AM MST

The OPEC oil producers' cartel was to push ahead with a new round of discussions Tuesday about how much to…

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