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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.

News Energy Oil & Gas General Operations Sustainability
September 25, 2015  

More layoffs to come at TransCanada Corp.

Energy producer expects to shed 20% of its senior-leadership positions.

News Energy Manufacturing Oil & Gas Economy General
September 24, 2015  

Oliver chided over no recession in Alberta claim

Calgary ranks dead last in GDP growth expectations this year, according to the Conference Board of Canada.

News Energy Manufacturing Oil & Gas General Operations Sustainability
September 24, 2015  

Alberta gas well blowout still not capped: Encana

Energy producer says small amounts of poisonous hydrogen sulphide have been released since the well blew Sept. 21

News Energy Government Oil & Gas General Operations Production Sustainability
September 23, 2015  

Alberta royalty regime needs overhauling: C.D. Howe

Think-tank argues a cash-flow tax would better account for the cost of doing business than a gross revenue royalty.

News Energy Government Oil & Gas General
September 3, 2015  

Husky Energy reports major hydrocarbon release in Newfoundland

Energy company estimates 8,938 kilograms of natural gas was released from a pipe linked to two of its subsea wells.

News Energy Government Manufacturing Oil & Gas General Operations Production Sustainability
September 3, 2015  

Total to fight $11.5M CRA tax bill

Reassessments relate to the 2010 and 2011 tax years following the company’s conversion to a corporation from an income trust.

News Energy Oil & Gas General Operations Production Sustainability
September 1, 2015  

Penn West cuts 400 jobs, mostly in Calgary

To cut a further $75 million from capital spending budget; suspends dividend.

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

Encana to exit Louisiana, reap US$1.3 billion in cash and savings

Energy producer will transport and market production for buyer GEP Haynesville LLC for the next five years.

News Energy Oil & Gas General Operations Sustainability
August 21, 2015  

Baytex Energy cutting capital spending, ending dividend payouts

Exploration and development spending will be 25% below the 2015 levels next year.

News Energy Government Oil & Gas General Sustainability
August 19, 2015  

Obama proposing nearly 50% cut to oil, gas production methane emissions

Officials estimate the rules could cost industry up to $420 million in 2025.

News Energy Oil & Gas General Operations Production Sustainability
July 8, 2015  

Chevron Canada Resources slashing 130 jobs

Cuts amount to about 20% of the company’s workforce of more than 600 full-time employees.

Feature Energy Oil & Gas General Sustainability
July 7, 2015  

LNG exports prospects darken

Affordable renewables weigh on growth.

Feature Energy Manufacturing Oil & Gas General Operations Production Sustainability
June 28, 2015  

The Digital Oilfield is here!

“Connected” technologies cut costs and improve productivity.

News Energy Government Oil & Gas General Operations Sustainability
June 5, 2015  

Wall pitches Saskatchewan over Alberta for royalty stability

Premier says provincial government has no plans to review the rates it charges oil companies.

News Energy Oil & Gas General Operations Sustainability
June 3, 2015  

Ivanhoe Energy declares bankruptcy

Restructuring talks with creditors fail.

News Energy Oil & Gas General Operations Sustainability
May 11, 2015  

Shell Canada delays Carmon Creek project startup

Energy producer wants to refine project design and retender some contracts.