Canada

Source: BOE Report

Canada’s Alberta temporarily tweaks environmental liability for oil sands mines

BOE Report


The province of Alberta said on Thursday it will allow oil sands mining companies to change how they calculate environmental liabilities this year, to take into account the wild swings of 2020, when oil prices turned negative.

Producers …

Source: Reuters

TC Energy posts C$1 billion quarterly loss on Keystone XL suspension

Reuters


Canadian pipeline operator TC Energy on Friday swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charges related to the suspension of its Keystone XL pipeline project.

The pipeline was planned to carry …

Canadian Natural Resources Limited announces 2021 first quarter results

Canadian Natural Resources Limited announces 2021 first quarter results

Calgary, Alberta–(Newsfile Corp. – May 6, 2021) – Commenting on the Company’s first quarter 2…

Source: Bloomberg

Imperial announces first quarter 2021 financial and operating results

Imperial Oil Limited (TSX, NYSEAM: IMO): Net income of $392 million in th…

Source: Reuters

Frustrated Canada presses White House to keep Great Lakes oil pipeline open

Reuters


OTTAWA/NEW YORK – Canada is pushing on several diplomatic fronts against the U.S. state of Michigan’s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became U.S. president in January, complicating the governments’ efforts

Canacol Energy Ltd. announces prospective resources report for two shale oil blocks in the Middle Magdalena Basin, Colombia

Canacol Energy Ltd. announces prospective resources report for two shale oil blocks in the Middle Magdalena Basin, Colombia

CALGARY, Alberta, April 21, 2021 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the …

Tamarack Valley Energy Ltd. Announces Exercise of Over-Allotment Option

Tamarack Valley Energy Ltd. Announces Exercise of Over-Allotment Option

Tamarack Valley Energy Ltd. announces the strategic acquisition of Anegada Oil Corp., a leading Charlie Lake light-oil producer, for total net consideration of $494 million

Tamarack Valley Energy Ltd. announces the strategic acquisition of Anegada Oil Corp., a leading Charlie Lake light-oil producer, for total net consideration of $494 million

Tamarack Valley Energy Ltd. Announces the Strategic Acquisition of Anegada Oil Corp., a Leading Charlie Lake Light-Oil Producer, for Total Net Consideration of $494 million

Source: nasdaq

New York State pension fund restricts investments in Canadian oil sands companies

Reuters


CALGARY, Alberta -New York’s state pension fund is restricting investment in six Canadian oil sands companies because they have not shown they are prepared for a transition to a low-carbon future, the fund’s Comptroller Thomas DiNapoli said on Monday.…

World class Montney and Swan Hills light oil development drilling opportunities

World class Montney and Swan Hills light oil development drilling opportunities

Oil and Gas 360


BOE Report: March 23, 2021

World Class Montney and Swan Hills Light Oil Development Drilling Opportunities

BOE Report: World class Montney and Swan Hills light oil development drilling opportunities- oil and gas 360

Razor Energy Corp. is initiating a process to explore strategic partnerships to drill two of its low-risk light oil assets …

Source: Reuters

EnerCom Dallas Presenter Update: Suncor Energy to accelerate decarbonization with carbon capture technology.

Oil and Gas 360


ESG Takes Center Stage at The EnerCom Dallas Energy Investment & ESG Conference April 6-7

Editor’s Note: Suncor Energy (NYSE: SU) is Canada’s leading integrated energy company working together with stakeholders to responsibly supply the energy …

Surge Energy Inc. announces successful 1H/21 drilling program; strategic $106 million asset Sale; positive credit facility re-determination

Surge Energy Inc. announces successful 1H/21 drilling program; strategic $106 million asset Sale; positive credit facility re-determination

Surge Energy Inc. Announces Successful 1H/21 Drilling Program; Strategic $106 Million Ass…

Source: Reuters

Baytex Energy files 2020 year-end disclosure documents

CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex…

NuVista Energy Ltd. executes non-core divestitures, reduces debt significantly, and provides production and operations update

NuVista Energy Ltd. executes non-core divestitures, reduces debt significantly, and provides production and operations update

CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista…

Source: Reuters

Share of Canada, U.S. in India’s January oil imports surges to record high: trade

Reuters


NEW DELHI – The share of Canada and the United States of America in India’s January oil imports surged to a record 11% while that of the Middle East and South America declined, data obtained from sources showed.

Asia’s …

Enerplus announces fourth quarter and full year 2020 financial and operating results and 2020 year end reserves

Enerplus announces fourth quarter and full year 2020 financial and operating results and 2020 year end reserves

Enerplus Announces Fourth Quarter and Full Year 2020 Financial and Operating Results and …

Razor Energy Corp. Announces Multi-Year Amendment of Its Existing Non-revolving Term Loan Facility; and Announces Enhanced Liquidity From New Term Loan and Royalty Transaction

Razor Energy Corp. Announces Multi-Year Amendment of Its Existing Non-revolving Term Loan Facility; and Announces Enhanced Liquidity From New Term Loan and Royalty Transaction

Source: Reuters

Resurgent Canadian natgas producers look to horn in on U.S. market

Reuters


CALGARY, Alberta – Canadian natural gas producers are bouncing back faster from the COVID-19 pandemic than battered U.S. shale firms, putting them in position to boost net gas exports to the United States for the first time in five …

Source: nasdaq

Analysis: Montney shale patch merger shines light on Canada’s premier play

Reuters


CALGARY, Alberta – ARC Resources Ltd’s C$2.7 billion ($2.1 billion) bid to buy Seven Generations Energy Ltd will create the largest oil and gas producer in Canada’s Montney region, and may re-energize development in one of North America’s top …

Source: Reuters

U.S. and Canadian natural gas prices soar during Arctic blast

Reuters


Natural gas prices across North America soared to their highest in years on Thursday as freezing wells cut output and homes and businesses crank up their heaters to escape the arctic blast moving from Canada to the eastern half …

February 11, 2021 - 10:30 am Canada, Closing Bell Story‎, Energy News, Natural Gas News
ARC Resources and Seven Generations Energy announce strategic Montney Combination

ARC Resources and Seven Generations Energy announce strategic Montney Combination

ARC Resources and Seven Generations Energy Announce Strategic Montney Combination …

Source: Reuters

Exclusive: Private equity firm bids for Canada’s idled Come-by-Chance refinery

Reuters


Private equity firm Cresta Fund Management has offered to buy a majority stake in North Atlantic Refining Ltd (NARL), owner of the idled Canadian 135,000 barrel-per-day Come-by-Chance refinery, according to a letter reviewed by Reuters.

The Dallas-based firm said …

Source: Reuters

Biden to revoke KXL pipeline permit in blow to Canada’s oil sector

Reuters


CALGARY, Alberta – U.S. President-elect Joe Biden on Wednesday will revoke the permit needed to build the Keystone XL oil pipeline after being sworn into office, aides said, dashing Ottawa’s hopes of salvaging a project that the struggling Canadian …

Horizon Petroleum Enters into Reactivation Agreement and Loan Agreement

Horizon Petroleum Enters into Reactivation Agreement and Loan Agreement

Calgary, Alberta–(Newsfile Corp. – December 23, 2020) – Horizon Petroleum Ltd. (TSXV: HPL) (“…

December 23, 2020 - 10:33 am Canada, International, Press Releases
Canada launches strategy to become global hydrogen leader

Canada launches strategy to become global hydrogen leader

WNN

The Canadian government has launched a strategy that sees low-carbon and zero-emission hydrogen fuel technology as a key part of the nation’s path to net-zero carbon emissions by 2050. The strategy is underpinned by a federal investment of CAD1.5

December 18, 2020 - 3:00 pm Canada, Canada News, Hydrogen, International
Work stops on Trans Mountain pipeline over safety concerns

Work stops on Trans Mountain pipeline over safety concerns

BOE Report 

Work on expanding Canada’s Trans Mountain oil pipeline has halted for more than two weeks due to safety concerns, the government-owned corporation said.

Trans Mountain Chief Executive Ian Anderson cited multiple worker safety incidents during the past two …

Keyera launches inaugural ESG report, signs solar power deal for 10% of electricity needs

Keyera launches inaugural ESG report, signs solar power deal for 10% of electricity needs

BOE Report

CALGARY, AB – Keyera Corp. (TSX: KEY) (“Keyera”) today released its inaugural environment, social, and governance (ESG) report. The announcement coincides with Keyera and Samsung Renewable Energy Inc. signing a 15-year power purchase agreement (PPA).

“Our vision of

December 15, 2020 - 8:04 am Canada, Canada News, ESG, International
Leucrotta Announces Q3 2020 Financial and Operating Results

Leucrotta Announces Q3 2020 Financial and Operating Results

Calgary, Alberta–(Newsfile Corp. – November 19, 2020) –   LEUCROTTA EXPLORATION INC. (TS…

November 20, 2020 - 4:48 am Canada, Earnings, Finance, Press Releases
Oil Stocks: Canadian Markets Could Go Into Free-fall

Oil Stocks: Canadian Markets Could Go Into Free-fall

Canada heavily depends on the oil industry. Energy is responsible for roughly 10% of GDP, n…

November 13, 2020 - 12:39 pm Canada, Canada News, Press Releases
Peyto Announces 1,000th Horizontal Well and Q3 2020 Financial Results

Peyto Announces 1,000th Horizontal Well and Q3 2020 Financial Results

CALGARY, Alberta, Nov. 11, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Cor…