Canada
News
April 24, 2017
Return Energy Inc. has acquired, through its wholly-owned subsidiary, Winslow Resources Inc., certain partner interests in its core area of Rycroft, north of Grande Prairie, Alberta, for cash consideration of $750,000 (subject to final adjustments).
News
April 20, 2017
Encana continues to successfully advance its five-year plan, which it expects will deliver industry-leading cash flow growth and returns. The company's Montney asset plays an integral part in this plan and will contribute significant high-value condensate, non-GAAP cash flow and margin growth
News
April 20, 2017
Now that multi-national energy producers have sold their stakes in Canada’s oil sands, local companies are hatching plans to make some real changes.
News
April 17, 2017
The worst may not be over for everyone in Canada’s oil patch even as crude prices show signs of stability.
News
April 11, 2017
Packers Plus Energy Services Inc. has announced the ongoing success of cemented hybrid completions in Canada, using TREX Cemented Diffusor Sleeves and Hydraulic Toe Sleeves in combination with other completion methods.
News
April 11, 2017
Here at the top of the world, January brought a glimpse of the anxious future facing Alaska’s once-mighty oil pipeline.
News
April 06, 2017
An ongoing disruption at Canada’s second-biggest oil sands upgrader has sent prices soaring from Alberta to Louisiana.
News
April 06, 2017
Source Energy Services Ltd., Canada’s largest distributor of fracing sand, or proppant, is seeking to raise C$175 million ($130 million) in an initial public offering, reviving the deal after it was postponed last month as oil prices fell, according to people familiar with the sale.
News
April 05, 2017
Patterson-UTI Energy reported today the company had an average of 88 drilling rigs operating in the U.S. and two rigs in Canada for the month of March 2017.
News
April 04, 2017
China became the biggest buyer of U.S. crude in February, surpassing Canada, at a time when OPEC is cutting back output.
News
April 04, 2017
Canadian crude shipments to the U.S. are poised to shrink just as the effects of OPEC-led output cuts are being felt in the Caribbean.
News
April 03, 2017
Malaysia’s Petroliam Nasional Bhd may be looking at building a $27-billion liquefied natural gas export terminal in northwestern Canada on the site of an abandoned Royal Dutch Shell Plc energy project, according to the company’s CEO.
News
April 02, 2017
Four years ago, Canada’s government tried to keep state-owned companies out of Alberta’s oil sands. Now, they may be around for a while.
News
March 31, 2017
Cenovus Energy Inc. plans to raise about C$1.8 billion ($1.35 billion) from property sales as it seeks to offset the cost of its C$17.7 billion purchase of ConocoPhillips’ Canadian oil assets, according to people familiar with the matter.
News
March 30, 2017
ConocoPhillips has signed an agreement with Cenovus to sell its 50% non-operated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the majority of its western Canada Deep basin gas assets, for a total of $13.3 billion.
News
March 28, 2017
Prices for light crude surged after an oil-sands upgrader shut for maintenance and reduced supply caused by preparations to place the Dakota Access pipeline into service.
News
March 24, 2017
The Petroleum Services Association of Canada (PSAC) was pleased to hear the federal government will provide a one-time payment of $30 million to the Government of Alberta to “support provincial actions that will stimulate economic activity and employment in Alberta’s resource sector.”
News
March 24, 2017
After eight years of political haggling, the Keystone XL oil pipeline running from Canada to the U.S. has been approved by President Donald Trump.
News
March 23, 2017
OPEC’s supply cuts are providing a windfall for producers of heavy crude from Western Canada and the Gulf of Mexico.
News
March 20, 2017
Source Energy Services Inc., Canada’s largest distributor of fracing sand, has cut the size of its initial public offering to about C$250 million ($187 million) from C$300 million amid a decline in oil prices, according to a document obtained by Bloomberg News.
News
March 15, 2017
Fracking service provider STEP Energy Services Ltd. postponed its planned initial public offering, according to people familiar with the matter, after oil prices fell making market conditions less favorable.
