British Columbia
News
January 06, 2025
TGS, a global provider of energy data and intelligence announced today the launch of the Dawson Phase III 3D multi-client seismic survey in the Western Canadian Sedimentary Basin.
News
November 28, 2024
Enverus Intelligence庐 Research (EIR), a subsidiary of Enverus, has released its annual Montney and Duvernay Play Fundamentals that examines recent drilling trends, well inventory counts and associated economics within both Canadian plays.
News
February 10, 2022
Black & Veatch performed the pre-FEED study and now proceeds with full FEED to deliver the proposed Cedar LNG Project that will produce low carbon, cost-effective LNG for the global market.
News
February 08, 2022
Canadian light oil producer Crescent Point Energy Corp. is looking to sell a package of lands in Alberta and Saskatchewan that was recently producing 11,154 barrels of oil equivalent per day.
News
January 13, 2022
Canada will face challenges in retaining its status as a global oil and gas power in a world transitioning toward net zero carbon emissions by mid-century, the International Energy Agency said.
News
December 09, 2021
Canada鈥檚 oil production could continue to rise for the next decade and then begin declining as countries strive to reduce carbon emissions, the Canada Energy Regulator said Thursday.
Article
September 2021
Although there are some hopeful signs that a recovery may be on the way for Canada鈥檚 oil patch, the ongoing global pandemic, misguided politicians, and skittish markets have left producers wary and risk-averse.
News
July 13, 2021
Vard Electro has been awarded a contract for an innovative hybrid battery power system with Atlantic Towing to be integrated on their vessel Atlantic Shrike. Atlantic Towing is the first company to implement this multiple mode application of battery technologies on a single vessel in the Canadian offshore oil and gas industry.
News
April 14, 2021
With Canadian pipeline giant Enbridge and Michigan Governor Gretchen Whitmer locked in a legal battle over the state鈥檚 efforts to decommission Enbridge鈥檚 Line 5, Canadian Natural Resources Minister Seamus O鈥橰egan said he has reached out to all levels of government in the U.S. Legislators on both sides of the border have also held over 20 meetings to seek an agreement.
News
January 15, 2021
Efforts by Canada鈥檚 government to hire a firm to do a financial analysis of its Trans Mountain pipeline and a facilitator to help indigenous communities have rankled at least one group in British Columbia.
News
November 13, 2020
Governor Gretchen Whitmer filed a complaint in Ingham County Circuit Court seeking to 鈥渞evoke and terminate鈥 a 1953 easement that allows Enbridge to operate under the Straits of Mackinac. Line 5 is a key conduit of crude for Canadian refineries in Ontario and Quebec.
News
October 26, 2020
The newly combined company is expected to break even in 2021 at a West Texas Intermediate crude price of US$36 a barrel. It will continue to operate as Cenovus Energy with its headquarters remaining in Calgary.
News
July 24, 2020
Canada鈥檚 Natural Resources Minister Seamus O鈥橰egan said he鈥檚 in talks with the U.S. Secretary of Energy Dan Brouillette about finding a path to move ahead with oil pipeline projects, the Globe & Mail reported.
News
June 30, 2020
The company will bring back output in Alaska and other states next month, with Canadian production coming back in the third quarter. 鈥淕iven ongoing variability and uncertainty in the outlook for production curtailments, the company will continue to suspend forward-looking guidance and sensitivities,鈥 Conoco said in a statement Tuesday.
News
June 04, 2020
Canadian banks鈥 exposure to oil and gas loans has surged to a record as energy firms tapped credit lines to combat plunging oil prices.
News
June 03, 2020
Noia wrote Prime Minister Justin Trudeau to request a response to pleas from the industry and the Government of Newfoundland and Labrador to provide assistance to help the offshore oil and gas industry recover from COVID-19 and remain globally competitive.
News
May 07, 2020
Enbridge Inc., North America鈥檚 largest pipeline operator, is cutting jobs, lowering executive pay and deferring some capital spending as measures to fight the Covid-19 virus reduce oil flows on its system and slow down construction.
News
April 03, 2020
Cryopeak LNG Solutions Corporation, based in Richmond BC, has begun construction of a new LNG production facility located in Fort Nelson, BC, capable of producing up to 90,000 gallons of LNG per day.
News
March 20, 2020
Husky Energy announced that it will begin a systematic and orderly suspension of major construction activities related to the West White Rose Project.
News
March 15, 2020
Canadian oil and gas companies are cutting C$2.4 billion to C$3.5 billion ($1.7 billion-$2.5 billion) from their budgets for this year as low prices make most production unprofitable.
News
March 06, 2020
Hopes that Canada could turn into a gas export powerhouse seem to be waning fast.