Alberta
News
July 20, 2017
No major construction will happen on Kinder Morgan Canada Ltd's Trans Mountain pipeline expansion this year, although construction remains on schedule to begin in September, company President Ian Anderson said on Wednesday.
News
July 07, 2017
Apache Corporation has announced that it will complete an exit from Canada upon the closing of three recent transactions.
News
July 05, 2017
The provincial government and the energy industry could create more than 24,000 new jobs for Albertans and grow the province’s economy by nearly $5 billion over the next three years by working together to enhance the competitiveness of Canada’s leading trade sector, according to report, A Competitive Policy and Regulatory Framework for Alberta’s Upstream Oil and Natural Gas Industry, by the Canadian Association of Petroleum Producers (CAPP).
News
June 16, 2017
In an appearance just three weeks after the two-year anniversary of her New Democratic Party gaining a majority in the Province’s Legislative Assembly, Alberta Premier Rachel Notley spoke on Wednesday about her administration’s accomplishments and seemed to be issuing a rebuttal to her official opposition.
News
June 15, 2017
The organizers of Canada’s largest oil and gas event, the Global Petroleum Show (GPS), tried something new this year by staging a speaker series directly on the exhibition floor, in Hall E. There, on a makeshift stage, “thought leaders” would share their ideas, opinions and expertise on a variety of topics facing the energy industry.
News
May 18, 2017
The Alberta Securities Commission is reviewing an environmental group’s request to halt a $1.28 billion share sale that Kinder Morgan Inc. plans to help finance the expansion of its Trans Mountain pipeline.
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
February 08, 2017
Global Tubing, LLC, the industry leader in coiled tubing products and services, announces the opening of a new service center in Grand Prairie, Alberta, Canada.
News
January 13, 2017
MEG Energy Corp. is boosting production at its Christina Lake project in Alberta and tapped debt and equity markets for financing, further signs of a rebound in Canada’s oil patch as crude prices stabilize.
News
October 21, 2016
Royal Dutch Shell, through its affiliate Shell Canada Energy, has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp. for a total consideration of approximately $1,037 million.
News
September 20, 2016
Bellatrix Exploration has entered into an agreement with InPlay Oil Corp. to sell certain non-core Cardium focused assets in the greater Pembina area of Alberta for a total consideration of C$47 million ($35.6 million).
News
September 16, 2016
Three new proposed oil sands developments have cleared an important early step in the regulatory process.
News
September 07, 2016
Bonavista Energy has entered into an agreement to acquire certain liquids rich, natural gas weighted properties within its Deep Basin and West Central Alberta core regions in exchange for properties within its non-core region in northeastern British Columbia.
Article
August 2016
Rocked by the worst oil-price collapse in recent memory, Canadian operators are struggling to adapt to the new normal. The industry faces continued market access challenges, with much-needed pipelines bogged down by opposition.
News
July 06, 2016
Seven Generations Energy Ltd. agreed to buy assets in Alberta’s Montney shale play from Paramount Resources Ltd. as it presses ahead with an expansion during the industry’s worst downturn in decades.
News
June 23, 2016
Penn West Petroleum Ltd. is concerned that a new rule on energy acquisitions in Alberta will affect its ability to find buyers for assets it plans to offload in the Canadian province.
News
June 22, 2016
Encana Corporation has reached an agreement to sell its Gordondale assets in northwestern Alberta to Birchcliff Energy for a total cash consideration of C$625 million ($490 million).
News
May 19, 2016
Canadians who fled the wildfire devastation in the oil-sands community of Fort McMurray can tentatively expect to return in a couple of weeks, while the blaze still rages elsewhere in the region and major production sites remain shut.
News
May 17, 2016
Wildfires raging across northern Alberta shifted back toward oil-sands installations north of Fort McMurray, forcing the evacuation of thousands of workers who have been trying to get production restarted after fires curbed output by more than 1 MMbpd.
News
May 16, 2016
Murphy Oil Corporation has announced that its Canadian subsidiary, Murphy Oil Company Ltd. (MOCL), closed the joint venture (JV) with affiliates of Athabasca Oil Corporation (Athabasca) that was previously announced on January 27, 2016.
News
April 18, 2016
Penn West Petroleum has closed the sale of its properties in the Slave Point area of Northern Alberta for a cash consideration of approximately C$148 million, subject to closing adjustments.
