Post Tagged with: "Canada"

U.S. rig count had a decrease of 1 this week, at 760

U.S. rig count had a decrease of 1 this week, at 760

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 760 rigs. Canada had a decrease of 2 over last week, resulting in …

Source: Reuters

Canada’s Cenovus Energy posts quarterly profit, names new CEO

Yahoo Finance


Cenovus Energy Inc posted a net profit for the fourth quarter on Thursday, compared with a loss last year, and said Chief Operating Officer Jon McKenzie would become its president and chief executive officer.

 

McKenzie, who was …

U.S. rig count had an increase of 2 this week, at 761

U.S. rig count had an increase of 2 this week, at 761

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 2 over last week, resulting in a total count of 761 rigs. Canada had an increase of 1 over last week, resulting in …

U.S. rig count had a decrease of 12 this week, at 759

U.S. rig count had a decrease of 12 this week, at 759

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 12 over last week, resulting in a total count of 759 rigs. Canada had an increase of 2 over last week, resulting in …

U.S. rig count had no change this week, at 771

U.S. rig count had no change this week, at 771

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had no change over last week, resulting in a total count of 771 rigs. Canada had an increase of 6 over last week, resulting in a total …

Source: BOE Report

Oilsands execs say they can’t invest in decarbonization any faster, despite profits

BOE Report


OTTAWA – Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn’t a place to invest that money yet.

 

Many companies are coming off …

Source: Reuters

Canada’s energy jobs transition bill sparks discord in oil heartland

BOE Report


In Canada’s oil patch, controversy is raging over federal government legislation intended to help the fossil fuel labour force transition to a greener economy, but union and community leaders are warning politicization of the Just Transition bill obscures

U.S. rig count had a decrease of 4 this week, at 771

U.S. rig count had a decrease of 4 this week, at 771

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 4 over last week, resulting in a total count of 771 rigs. Canada had an increase of 14 over last week, resulting in …

U.S. rig count had an increase of 3 this week, at 775

U.S. rig count had an increase of 3 this week, at 775

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 3 over last week, resulting in a total count of 775 rigs. Canada had an increase of 38 over last week, resulting in …

U.S. rig count had a decrease of 7 this week, at 772

U.S. rig count had a decrease of 7 this week, at 772

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 7 over last week, resulting in a total count of 772 rigs. Canada had an increase of 105 over last week, resulting in …

Source: World Oil

Canada moves forward with one of the “world’s largest” carbon capture and storage projects

World Oil


(WO) —The Pathways Alliance, representing Canada’s largest oil sands producers, has entered into a Carbon Sequestration Evaluation Agreement with the Government of Alberta.

 

The agreement enables the Alliance to immediately start a detailed evaluation of its proposed …

Source: Reuters

Canada, U.S. natgas output could hit growing pains in 2023

BOE Report


Canadian and U.S natural gas production is expected to hit new records in 2023, but growth may be slow due to weakened demand, pipeline bottlenecks and a lack of new liquefied natural gas (LNG) export plants.

 

Gas …

U.S. rig count had a decrease of 4 this week, at 776

U.S. rig count had a decrease of 4 this week, at 776

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 4 over last week, resulting in a total count of 776 rigs. Canada had a decrease of3 over last week, resulting in a …

Source: Oil Price

Keystone Pipeline oil leak has now been contained

Oil Price


Canadian pipeline operator TC Energy said it had contained the leak from the Keystone pipeline that occurred in the middle of last week, spilling 14,000 barrels of crude into a creek.

 

The leakage was contained in Kansas, …

December 12, 2022 - 12:30 pm Canada, Canada News, Closing Bell Story‎, Energy News, Pipeline News
U.S. rig count had an no decrease of 780 this week, at 4

U.S. rig count had an no decrease of 780 this week, at 4

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 4 over last week, resulting in a total count of 780 rigs. Canada had an increase of 7 over last week, resulting in …

Source: Oil Price

Canada ends support for international oil and gas projects

Oil Price


Canada has officially ended its government support for international fossil fuel projects, fulfilling a commitment it made at last year’s Conference of the Parties, or COP, Ottawa said in a statement.

 

“The Government of Canada is …

December 9, 2022 - 10:30 am Canada, Canada News, Closing Bell Story‎, Crude Oil News, Energy News
U.S. rig count had an increase of 3 this week, at 782

U.S. rig count had an increase of 3 this week, at 782

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 3 over last week, resulting in a total count of 782   rigs. Canada had an increase of 1 over last week, resulting in …

U.S. rig count had an increase of 9 this week, at 779

U.S. rig count had an increase of 9 this week, at 779

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 9 over last week, resulting in a total count of 779   rigs. Canada had a decrease of 9 over last week, resulting in …

Source: Reuters

Mexico’s energy policies are hurting trade with the U.S. and Canada

Oil Price


The United States and Canada are frustrated with Mexico’s approach to energy. The country’s energy policy has fluctuated over the last decade as different presidents have taken wildly different approaches to transform the sector. The previous Mexican President, …

Source: Reuters

Canada’s share buyback tax could backfire, energy sector warns

BOE Report


Canada’s proposal to tax corporate stock buybacks is unlikely to deter oil and gas companies from returning cash to shareholders and may instead put them at a competitive disadvantage, industry officials and analysts said.

 

Canadian energy companies …

U.S. rig count had an increase of 2 this week, at 770

U.S. rig count had an increase of 2 this week, at 770

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 2 over last week, resulting in a total count of 770 rigs. Canada had a decrease of 3 over last week, resulting in …

ROK Resources announces addition of new director

ROK Resources announces addition of new director

Oil and Gas 360


REGINA, SK / ACCESSWIRE / October 31, 2022 / ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK) is pleased to announce that it has added Tom MacInnis as a director of the …

U.S. rig count had a decrease of 3 this week, at 768

U.S. rig count had a decrease of 3 this week, at 768

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 3 over last week, resulting in a total count of 768 rigs. Canada had a decrease of 6 over last week, resulting in …

U.S. rig count had an increase of 2 this week, at 771

U.S. rig count had an increase of 2 this week, at 771

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 2 over last week, resulting in a total count of 771 rigs. Canada had a decrease of 6 over last week, resulting in …

U.S. rig count had an increase of 7 this week, at 769

U.S. rig count had an increase of 7 this week, at 769

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 7 over last week, resulting in a total count of 769 rigs. Canada had a decrease of 1 over last week, resulting in …

Source: Reuters

New premier in Canada’s oil-rich Alberta set to defy Trudeau

BOE Report


Alberta’s incoming premier has set the stage for a showdown with Canada’s federal government and push back against federal laws which is likely to set the oil-rich province on a collision course with Prime Minister Justin Trudeau.

Danielle …

U.S. rig count had an increase of 1 this week, at 765

U.S. rig count had an increase of 1 this week, at 765

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 1 over last week, resulting in a total count of 765 rigs. Canada had a decrease of 2 over last week, resulting in …

U.S. rig count had an increase of 1 this week, at 764

U.S. rig count had an increase of 1 this week, at 764

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 1 over last week, resulting in a total count of 764 rigs. Canada had an increase of 4 over last week, resulting in …

Source: BOE Report

Canada not looking toward windfall taxes on fossil fuel companies, minister says

BOE Report


OTTAWA – Environment Minister Steven Guilbeault isn’t warming to the idea of combating climate change by imposing a windfall tax on the massive profits being posted by Canadian energy companies.

U.N. Secretary-General António Guterres this week said fossil …

U.S. rig count had an increase of 4 this week, at 763

U.S. rig count had an increase of 4 this week, at 763

Oil and Gas 360


This week’s Baker Hughes Rig Count shows that U.S. had an increase of 4 over last week, resulting in a total count of 763 rigs. Canada had an increase of 6 over last week, resulting in …