Industry updates
Curated news and commentary from the western Canadian and U.S. oil and gas sector.
SASKATOON -- Saskatoon-based helium company Royal Helium Ltd., has discovered a large amount of the element in southwestern Saskatchewan. "The funny thing about it is, we found everything we expected to find, and then we found something muc…
Read articleBY TYLER DURDEN It's time again for Goldman's commodity permabulls to rise again. Four months after the bank's strategists declared the start of a…
Read articleSaskatchewan is now officially home to the largest helium purification facility in Canada. Located near Battle Creek in the province's southwest, the new $32 million facility, owned a…
Read articleSASKATOON, SASKATCHEWAN – April 24th, 2018 - Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SMI) (FSE: SMK) is pleased to announce that the Company has…
Read articleWhitecap Resources to buy Kicking Horse Oil & Gas for $300 million April 5, 20216:24 AM Reuters0 Comments Whitecap Resources Inc said on Monday it will acquire&nbs…
Read articleCanadian oil and gas company Crescent Point Energy has agreed to acquire Royal Dutch Shell’s Kaybob Duvernay shale light oil assets in Alberta, Canada for $707m in a cash-cum-stock deal.
Read articleBy Brian Zinchuk, Local Journalism Initiative reporterEstevan Mercury Regina – Husky Energy, which was acquired by Cenovus Energy, had been Saskatchewan’s top oil producer for…
Read articleLONDON — If they can maintain recent progress, U.S. oil refiners should be able to bring stocks of diesel and other middle distillates close to normal levels in the first quarter of 2021.
Read articleReleased on July 16, 2020 The Government of Saskatchewan has approved its first parcel of work packages to be completed through the Accelerated Site Closure Program (ASCP).
Read articleJOCK FINLAYSON AND DAVID WILLIAMS CONTRIBUTED TO THE GLOBE AND MAIL PUBLISHED JULY 1, 2020 ANDREW VAUGHAN/THE CANADIAN PRESS The Minster of Innovation, Science and…
Read articleBy Julianne Geiger - Jun 30, 2020, 7:00 PM CDT Saudi Arabia’s Energy Minister Prince Abdulaziz claimed last week that the Kingdom will be the world’s biggest hydroca…
Read articleOil prices have surged more than 75 per cent in the U.S. this month. But don’t expect a quick rebound in supply from shale explorers. The quick turnaround in oil markets is exp…
Read articleBy Robert Lyman Opinion: Between 2000 and 2018 Canada’s oil and gas production industry directly paid almost $240 billion to provincial governments and $66 billion to Ottawa…
Read articleWe have an opportunity as a nation to become more self-sufficient, more agile and innovative, stronger on the other side of this Canada needs to become more secure by becoming more self-s…
Read articleBy Javier Blas and Brian Wingfield March 31, 2020, 6:46 AM CST Updated on March 31, 2020, 7:47 AM CST Saudi Arabia has made good on its pledge to ramp up oil ex…
Read articleAlberta will also provide a $6 billion loan guarantee for the project, which is now expected to cost $14.4 billion to build CALGARY — TC Energy Corp. is proceeding with its long-del…
Read articlePeter Tertzakian Industry, government and all stakeholders must work together to minimize damage to our energy systems The Canadian oil industry's facing a systemic shock as…
Read articleWe’d be in much better shape if Energy East had been built. Build it right now Brian Zinchuk / Pipeline News It might be diffi…
Read articleEnergy firms in Canada boosted the number of rigs drilling for oil and natural gas last week by the most since January 2015 as producers returned en masse from Christmas breaks to take advantage of…
Read articleSimon Casey riglocator.ca ). A total of 23 co…
Read articleAlberta has granted sweeping new powers to its energy minister as the province ups the ante in its trade war with British Columbia CALGARY — Alberta h Read More...
Read articleCALGARY — Canada’s competitive disadvantage with the United States is being reflected in lower spending plans by oil and gas producers, and Tuesday’s Read More...
Read articleFor nearly four years, Canada’s oil and gas sector has kept a low profile while managing two devastating blows — the collapse in oil prices and the barrage of environmental policies by…
Read articleOne mile away from the Alberta border, on land in Saskatchewan owned by the Onion Lake Cree Nation, BlackPearl Resources Inc. is building a second thermal heavy oil project while keeping its larger…
Read articleBy Nayla Razzouk, Grant Smith and Angelina Rascouet OPEC agreed to cut production for the first time in eight years Wednesday, sending oil prices more than 6 percent higher, as Saudi Ar…
Read articleInvestor interest in Saskatchewan partly due to politics but mostly about economics A string of deals in the oilpatch suggests some investors are bullish on Saskatchewan…
Read articlePrime Minister Justin Trudeau hopes that a new approach will provide the public support to finally cut through the Gordian knot that has tied up pipeline development. That was t…
Read articleBy Steve Smith, CA and Steve Ripplinger, CFA Norrep Capital Management Ltd. With oil prices currently hitting new post-2009 lows we wanted to provide some perspective.
Read articleWhen you get this country’s provincial and territorial leaders together in one place for an extended period of time, something interesting is bound to happen. That’s doubly true when th…
Read articlePipelines from Alberta's oilsands and Canada's energy exports made for contentious topics during Thursday night's federal leaders' debate. The leaders of Canada's four…
Read articleSaskatchewan Premier Brad Wall set off a debate about equalization — the revenue-sharing formula between Ottawa and the provinces — Wednesday. In a series of media interviews,…
Read articleREGINA — Saskatchewan should see 1,660 oil and gas wells drilled this year, less than half the wells forecast last fall, but 155 more than forecast in April, the Petroleum Services Associatio…
Read articleCanada’s premiers are poised to sign an agreement to fast-track new oil sands pipelines while watering down commitments to fight climate change. The Canadian Energy Strategy will be…
Read articleCALGARY – Scott Saxberg has every confidence that his company’s $1.53-billion takeover of Legacy Oil and Gas Ltd. will go through as expected on Tuesday, and Crescent Point Energy Corp.
Read articleA week of change brings uncertainty to the province's energy industry First, a change to the energy regulator, then a carbon tax change, now a royalty review. It was…
Read articleThe uncertainty surrounding Alberta’s policy on oil and gas royalties has already caused several companies to shift capital into other provinces, and this should come as no surprise. <…
Read articleThe uncertainty surrounding Alberta’s policy on oil and gas royalties has already caused several companies to shift capital into other provinces, and this should come as no surprise. <…
Read articleCrescent Point Energy Corp. is overhauling its approach to executive compensation as a result of a less-than-desirable outcome of a “say on pay” vote, as the movement increasingly chang…
Read articleRobert Chaisson may be the happiest man in Calgary. Amid the impenetrable gloom descending on Canada’s oil capital, the chief executive officer of privately owned Beaumont Energy In…
Read articleAcquisitive intermediate Crescent Point Energy Corp. said Wednesday it has added $1 billion in credit capacity as it announced production results from an active fourth quarter that matched analyst…
Read articleBy Bruce Johnstone, Leader-Post February 25, 2015 Saskatchewan is the best place for mining investment in Canada - ahead of traditional mining powerhouses, like Ontario, Quebec and B.C. -…
Read articleThe letters began showing up at Pat Wilson’s central Alberta truck shop last month – demands from customers to cut rates in the face of rapidly sinking oil prices. About 60 pe…
Read articleSaskatchewan has more going on than oil, so the impact of oil revenue losses won't be as severe here as it could be in Alberta. That's according to the Deputy Chief Economist of t…
Read articleRENTON, WASH. - Don't think the punter can have a big impact on a football game? Think again. All you had to do was watch the NFC playoff games last weekend to notice that the guys wh…
Read articleSaskatchewan is the third most attractive place in the world for oil and gas investment, according to the Fraser Institute’s annual Global Petroleum Survey. The province topped the…
Read articleIt's a good time to fill up with gas in Saskatchewan. According to the website Gas Buddy, prices continue to plunge across the provinces, with Regina Messenger posting prices as low a…
Read articleGOP gubernatorial candidate Neel Kashkari likes to deride Gov. Jerry Brown’s high-speed rail plan as the Crazy Train, but the loonier rail proposal is the one that would carry explosive Bakke…
Read articleSASKATOON – Low crude oil prices could have a positive effect on Saskatchewan’s manufacturing industry, according to one University of Saskatchewan professor. Rose Olfert, who…
Read articleSlumping crude prices won’t only affect Canada’s oil companies, but also the provinces they call home. BMO Nesbitt Burns has calculated the cost to Alberta, Saskatchewan and N…
Read articleOn September 15, 2014, Quantum Energy, Inc. based out of Tempe, AZ with an office in Williston, ND, entered into a Strategic Alliance with Bilfinger Westcon Inc. of Bismarck, ND, for the developmen…
Read articleLightstream Resources (formerly Petrobakken Energy) has announced the completion of its previously announced agreement with Crescent Point Energy to sell the remaining assets in Lightstream's s…
Read articleThis opinion piece presents the opinions of the author. It does not necessarily reflect the views of Rigzone. Two items crossed our desk last week that drove us to look closer at what is…
Read article(Reuters) - Tim McMillan, a one-time Saskatchewan energy minister now serving as its minister of rural health, will replace former Royal Dutch Shell Plc executive Dave Collyer as president of the C…
Read articleIt’s never enough. Whenever government-run geological surveys release estimates on the potential of the oil-bearing rocks underneath the plains of North Dakota and southern Saskatchewan, oper…
Read articleBounded by the Appalachians to the east and the Rockies to the west, North America's midsection is a patchwork of shallow crustal basins separated by uplifts, gentle arches and domes. Over hund…
Read articleMoney is being shovelled into the Canadian oil and gas industry like coal into a furnace. Year to date, hot markets have already offered up $19.6-billion to oil and gas producers. By the end of the…
Read articleCrescent Point Energy (TSE:CPG), a Canadian light oil producer, said it will acquire oil-producing assets in Saskatchewan and Manitoba as well as undeveloped land from Lightstream Resources Ltd. (T…
Read articleHEADLINE2Total Production from Prolific Shale Plays Surpasses 2.6 Million Barrels Per Day DENVER and HOUSTON, Aug. 21, 2014 /PRNewswire/ -- Oil production from shale formations in North D…
Read articleYellowstone county officials are rolling out the welcome mat for the developers of a proposed $500 million oil refinery being considered for the Billings area. “We’re glad you…
Read articleCALGARY - For the biggest pay hikes in Canada, look no further than the oilpatch. The energy sector continues to lead the country in both actual and projected salary increases, according…
Read articleWILLISTON, N.D. — Just off Highway 1804, a high grassy slope offers a sweeping view of the epicenter of North Dakota's oil boom. Williston, a once-small town that now proclaims…
Read articleReuters reported today that the major plays in the United States are set to raise their production levels by 89,000 barrels per day (bpd) in September. According to the Energy Information Administr…
Read articleThe focus on oil drilling in Western Canada and the United States is expected to help boost oil production in North America over the next five years, growth that is being fuelled by higher oil pric…
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