Canada
News
June 12, 2019
ION Geophysical Corporation has announced an expansion to the Company's 2D multi-client program offshore Newfoundland, Canada.
News
June 11, 2019
The 51st Global Petroleum Show (GPS) kicks off today in Calgary, amid a Canadian activity trough from which industry leaders hope to recover soon.
News
June 10, 2019
Canadian Natural Resources Limited has provided an update on its Pelican Lake and Woodenhouse operations. The Company has now been able to gain access to its wells and facilities in these areas, following the previously announced evacuation due to local wildfires.
News
June 10, 2019
Alberta may have finally found the right level for its oil curtailment program that has sent local oil prices on a roller coaster for the last few months.
News
June 05, 2019
Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years. Nevertheless, total production is expected to reach nearly 4 MMbpd by 2030 – nearly one million more than today, according to a new 10-yr production forecast by business information provider IHS Markit.
News
June 03, 2019
Canadian heavy oil in Alberta surged the most since December after wildfires forced a second producer in the region to shut in some operations.
News
June 02, 2019
Canadian Natural Resources Ltd. has evacuated its Pelican Lake and Woodenhouse operations in northern Alberta in the first major shut-in of oil production triggered by wildfires this year.
News
May 30, 2019
Canada is the largest energy trading partner with the United States based on the combined value of energy exports and imports.
News
May 30, 2019
Canadian Natural Resources Ltd. can’t yet claim the “King of the Oil Sands” status, but it’s a lot closer to overtaking its rival Suncor Energy Inc. after buying a key Athabasca drilling site.
News
May 29, 2019
Canadian Natural Resources agreed to buy the Canadian business of Devon Energy for $2.8 billion, gaining heavy-oil assets in the province of Alberta.
News
May 28, 2019
Texas money is flowing to Canada’s oil sands at a time when big international companies are pulling out.
News
May 24, 2019
Prime Minister Justin Trudeau's bid to complete the controversial Trans Mountain pipeline expansion has received a British Columbia top appeals court ruling that states that the province doesn’t have the jurisdiction to restrict shipments of oil-sands crude.
News
May 23, 2019
Built by CARE Industries, Canada’s first Tier 4 final-certified service rig was recently delivered to Compass Well Servicing in Red Deer.
News
May 20, 2019
TGS and PGS announce the Torngat 3D multi-client project in Offshore East Canada.
News
May 16, 2019
The Senate Standing Committee on Transportation has voted to defeat Bill C-48, the Oil Tanker Moratorium Act.
News
May 13, 2019
While the $38 billion takeover of Anadarko could cause a wave of U.S. consolidation, the market for energy deals north of the border remains frigid.
News
May 07, 2019
Don’t forget that Canada is a major source of oil and gas, and an extremely reliable place to do business was the message put forth at OTC on Monday by officials from several jurisdictions in the country.
News
May 03, 2019
TransCanada Corp. posted first-quarter profit that topped analysts’ estimates, giving the pipeline company momentum as it enters a period that’s likely to feature key legal decisions on some of its major projects.
News
May 02, 2019
The Petroleum Services Association of Canada (PSAC) in its Midyear Update to the 2019 Canadian Oilfield Services Activity Forecast lowered, for a second time, its forecast for the number of wells drilled (rig released) in 2019 across Canada to 5,300 wells – a drop of 1,300 or 20% from the original forecast of 6,600 in November 2018.
News
May 01, 2019
Newfoundland and Labrador has an opportunity to become one of the most competitive offshore oil and natural gas jurisdictions in the world, but only if Newfoundlanders and Labradorians vote for energy in the next provincial election, according to the Canadian Association of Petroleum Producers (CAPP).
News
April 30, 2019
Maintenance at oil-sands mines may achieve what Alberta’s mandatory production curtailments have so far failed to accomplish: drain Western Canada’s storage tanks.
