Oil & Gas

Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover

Wednesday, May 19, 2021, 6:09 AM MDT

Cenovus Energy Inc. is selling an Alberta production royalty interest to Topaz Energy Corp. for $102 million, the first step…

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Woodside Petroleum looks to sell its 50 per cent stake in Kitimat LNG project

Wednesday, May 19, 2021, 6:05 AM MDT

Woodside Petroleum Ltd. says it plans sell its 50 per cent stake in the proposed Kitimat LNG development in British…

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Free Webinar: CEOs to discuss how companies use data to drive productivity, improve project planning and secure new business

Tuesday, May 18, 2021, 1:21 PM MDT

Chief executives from Advantage Energy, Avatar Innovations and geoLOGIC systems will share insights into how operators and service companies are…

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End new fossil fuel supply investments – International Energy Agency

Tuesday, May 18, 2021, 6:22 AM MDT

A report by the International Energy Agency says immediate action is needed to reshape the world’s energy sector in order…

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Whitecap Resources shares rise on dividend bump, buyback renewal, acquisition close

Tuesday, May 18, 2021, 6:09 AM MDT

Shares in oilpatch consolidator Whitecap Resources Inc. are on the rise after it closed its acquisition of Kicking Horse Oil…

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Judge dismisses attempt to quash 'anti-Alberta' activities inquiry

Monday, May 17, 2021, 6:12 AM MDT

A judge has dismissed an attempt to quash the United Conservative government's inquiry into whether foreign groups have conspired against…

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Land sale highlights for Q1 2021 reported in geoXPLORER

Thursday, May 13, 2021, 1:24 PM MDT

Land sales along a play fairway from the Cindy to Puskwa fields in northwest Alberta have been fairly active since…

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Enbridge reports $1.9 billion first quarter profit compared with a loss a year ago

Friday, May 7, 2021, 6:29 AM MDT

Enbridge Inc. reported a first-quarter profit of $1.9 billion compared with a loss of $1.4 billion in the same quarter…

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Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility's capacity

Friday, May 7, 2021, 6:14 AM MDT

The company proposing the Woodfibre LNG export project near Squamish, B.C., says it has struck a second sales contract with…

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Tourmaline Oil posts $248 million Q1 profit on higher oil and gas prices, volume boost

Thursday, May 6, 2021, 6:14 AM MDT

Tourmaline Oil Corp. is reporting positive net income in the first quarter thanks to higher oil and gas prices and…

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Spud highlights for Q1 2021 reported in geoXPLORER

Wednesday, May 5, 2021, 1:15 PM MDT

Producers tested play boundaries during the first quarter of 2021 in several areas for the Montney, Duvernay, Charlie Lake and…

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Parkland aiming to about double adjusted EBITDA in less than five years

Tuesday, May 4, 2021, 6:20 AM MDT

Parkland Corp. is aiming to about double its earnings in less than five years after swinging to a profit in…

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