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News Energy Manufacturing Oil & Gas Business Operations General Production
August 22, 2017  

Efficiency gains fail to boost bottom line for oil and gas drillers

Analysts say rigs are drilling a third deeper per day compared to 2014 but average earnings per day have fallen by 25%.

News Energy Manufacturing Oil & Gas Business Operations General Operations Production Sustainability
April 24, 2017  

Cenovus to accelerate drilling on acquired ConocoPhillips gas properties

Company will spend $650 million in 2019 to drill up to 120 wells in the Deep Basin of northeastern BC and northwestern Alberta.

News Energy Manufacturing Oil & Gas Business Operations General Sustainability
February 16, 2017  

AER shuts down Lexin Resources’ oil and gas operations

Regulator says the company owes $1 million in levies to the Orphan Well Association, $70 million in security for reclamation obligations.

News Energy Manufacturing Oil & Gas Business Operations General Operations Production Sustainability
May 17, 2016  

Nearly $1B of oil sands production lost due to Fort McMurray fire

Conference Board of Canada report estimates lost production is equal to 0.33% of Alberta’s projected GDP.

News Energy Government Manufacturing Oil & Gas Economy General Sustainability
February 22, 2016  

Carbon tax would ‘kneecap’ struggling economy: Wall

Saskatchewan premier says the energy sector has already been hit by the falling price of oil and tens of thousands of jobs lost.

News Energy Government Manufacturing Oil & Gas General Operations Production Sustainability
February 18, 2016  

Drilling group calls on Alberta, feds to show sector more respect

Head of industry association says 100,000 people are out of work in the oil and gas industry – the equivalent of one in six.

News Energy Government Manufacturing Oil & Gas Economy General Operations Production Sustainability
February 3, 2016  

Notley says Ottawa owes Alberta economic payback

Premier touts province as a fundamental part to the Canadian economy.

News Energy Government Manufacturing Oil & Gas Business Operations General Sustainability
January 26, 2016  

Exxon says oil and gas will still dominate energy in 2040

Oil giant forecasts emerging renewables such as solar and wind power to grow, but remain a small part of the world’s energy mix.

News Energy Government Manufacturing Oil & Gas Economy General Sustainability
December 29, 2015  

‘Stranded assets’ debate looms in confronting climate policy

Justin Trudeau suggests investment and innovation are necessary to successfully transition to low-carbon economy.

News Energy Government Manufacturing Oil & Gas General Operations Production Sustainability
December 22, 2015  

No short term fix for Alberta job losses

Oil price collapse has eliminated 40,000 jobs in the province’s energy sector.

News Energy Government Manufacturing Oil & Gas General Operations Production Sustainability
November 25, 2015  

Notley vows tight controls on $3B carbon tax

Critics says the broad parameters run the risk of it becoming a slush fund for pet government projects and priorities.

News Energy Manufacturing Oil & Gas General Operations Production
November 19, 2015  

Oil well drilling association forecasts 2016 to be worst year in a generation

Association anticipates a 57% drop in activity compared to 2014.

News Energy Oil & Gas General Operations Sustainability
November 18, 2015  

Suncor to boost 2016 spending by up to $900M

Oil sands producer aims to spend between $6.7 billion and $7.3 billion next year.

News Energy Oil & Gas General Operations Sustainability
October 6, 2015  

Pengrowth Energy to sell Bodo property in Alberta for $95M

Proceeds from sale will be used to reduce Pengrowth’s debt.

News Energy Oil & Gas General Operations Production
October 5, 2015  

Suncor bids to take over Canadian Oil Sands for $4.3B

Offer would give Canadian Oil Sands shareholders a stake in Canada’s largest integrated energy company.