Alberta
News
January 29, 2016
Alberta's left-leaning government unveiled a new energy royalty framework on Friday that left rates unchanged on existing oil wells and oil sands projects, alleviating fears that costs would rise to punishing levels amid the worst crude price slump in decades.
News
January 12, 2016
Enerplus Corporation has entered into agreements to sell various Canadian natural gas properties located in Alberta.
News
January 08, 2016
Condor Petroleum Inc. and Marsa Energy Inc. have announced that they have entered into an agreement that provides for the acquisition of Marsa by Condor, to create a well-capitalized company with significant exploration and development assets.
News
December 04, 2015
Suncor Energy has extended its offer to Canadian Oil Sands Limited shareholders.
News
November 27, 2015
Suncor Energy Inc. said it may scrap its $4.5 billion hostile bid for Canadian Oil Sands Ltd. if Alberta regulators endorse a poison pill that would give the target company more time to find other bidders.
News
November 26, 2015
Bankers Petroleum has announced a successful bid, in the third Hungarian bid round, for the Püspökladány Block (Block "P"), within the Pannonian basin, in north eastern Hungary.
News
November 23, 2015
Four of Canada's largest oil sands producers have come together to demonstrate leadership on climate change.
News
November 18, 2015
Suncor Energy Inc., Canada’s largest crude producer, plans to boost capital spending to as much as C$7.3 billion ($5.5 billion) next year to expand operations and increase efficiency.
News
November 10, 2015
Suncor Energy has successfully closed the previously announced purchase of an additional 10% working interest in the Fort Hills oil sands project from Total E&P Canada Ltd.
News
November 09, 2015
Shell has officially launched the Quest carbon capture and storage (CCS) project in Alberta, Canada, and the start of commercial operations there.
News
November 06, 2015
Suncor Energy Inc. is stepping up its hostile C$4.3 billion ($3.3 billion) bid for Canadian Oil Sands Ltd. by asking Alberta regulators to strike down the target’s new shareholder rights plan aimed at preventing its takeover.
News
October 28, 2015
Royal Dutch Shell Plc made its second major strategic change in as many months, saying it will take a $2 billion charge as it shelves an oil-sands project in Alberta after walking away from an Arctic drilling program.
News
October 16, 2015
Rifle Shot Oil has completed the acquisition of assets in the Redwater area of Alberta.
News
September 30, 2015
TransCanada Corp. said it wants to end its fight with Nebraska land owners over the legality of its Keystone XL pipeline path through the state, opting instead to seek approval from the state’s Public Service Commission as its opponents wanted all along.
News
September 21, 2015
Total has signed an agreement to sell a 10% interest in the Fort Hills oil sands mining project to the operating partner Suncor Energy.
News
September 15, 2015
Penn West Petroleum has entered into a definitive agreement for the sale of its properties in the Greater Mitsue area of Central Alberta for a cash consideration of C$192.5 million.
News
September 01, 2015
ConocoPhillips has delivered first oil at its Surmont 2 in-situ oil sands facility in Canada, the company said Tuesday.
News
September 01, 2015
Cenovus Energy has closed its purchase of Canexus Corporation's North American Terminal Operations (NATO), a crude-by-rail trans-loading facility in central Alberta.
News
August 31, 2015
The Alberta royalty review panel should propose new rules by the end of this year to help restore investor confidence, and should consider how to make the province more attractive and competitive for the oil and natural gas investment that generates jobs and government revenues, the Canadian Association of Petroleum Producers said Monday.
News
August 17, 2015
Alberta’s energy regulator restricted applications by oil and natural gas operators to withdraw water from the Athabasca River amid dry conditions in the province.
News
July 31, 2015
TransCanada Corp. is slowing work on two pipelines in Alberta because of reduced demand tied to lower crude prices and setbacks to its major oil export projects.
