CALGARY — Oil production and refining volumes at Husky Energy Inc. are gradually returning to normal after deep cutbacks earlier this year but the company is braced for a "bumpy" recovery, CEO Rob Peabody said Thursday. The Calgary-based energy producer and refiner reported having curtailed about 80,000 barrels per day of mainly heavy oil output […]
Read MoreLANSING, Mich. (AP) — A webinar is scheduled to help keep the public informed about the application permitting process for Enbridge Energy’s Line 5 tunnel project. The webinar will start at 6 p.m. Thursday, according to the Michigan Department of Environment, Great Lakes, and Energy (EGLE). Enbridge has proposed building a utility tunnel under the […]
Read MoreImage source: The Motley Fool. Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Dave Hughes — Vice President-Investor Relations & Manager Good morning, everybody. Thank you for joining us on our second quarter earnings call. To start, I’m just going to introduce the senior management here in our virtual room. We have Brad […]
Read MoreYou have access to this full article to experience the outstanding content available to SPE members and JPT subscribers. To ensure continued access to JPT’s content, please Sign In , JOIN SPE , or Subscribe to JPT A pilot project was initiated to classify oil and gas projects in Mexico using the United Nations Framework […]
Read MoreSummary Enerplus is one of the largest independents in Canada, although most of its production is actually in the United States. The company is leveraged mostly towards oil, but it does have significant natural gas operations in the Marcellus shale. It is hedged, so much of its oil production is being sold for $50+ per […]
Read MoreA crude oil pump during a sunset. (Pixabay.com) A plan to give Alberta’s energy industry a break on municipal property taxes could cause a dramatic loss in revenue for rural municipalities. The Province of Alberta is proposing changes to way oil and gas operations are assessed. There are four different scenarios proposed with one of […]
Read MoreOil prices fell on Thursday following a truly devastating second-quarter GDP report in the U.S., with WTI now stuck at the $40 mark. For Global Energy Alert members there are now two new free reports available in your dashboard. The first of these reports is on how to interpret stock charts and the second outlines […]
Read MoreThe TSX ticker is shown in Toronto on May 10, 2013. THE CANADIAN PRESS/Frank Gunn Toronto’s main stock index shed more than 100 points to close the trading week as it was dragged down by the energy sector despite a boost to the price of oil. The S&P/TSX composite index fell 130.09 points to 16,169.20, […]
Read MoreShares in Imperial Oil Ltd. are trading lower after it beat analyst expectations on oil and gas production but fell well short of second quarter earnings. The Imperial Oil logo is seen at the company’s annual meeting in Calgary on April 28, 2017. THE CANADIAN PRESS/Jeff McIntosh CALGARY — The CEO of Imperial Oil Ltd. […]
Read MoreTransCanada Corp. president and CEO Russ Girling addresses the company’s annual meeting in Calgary, Friday, April 27, 2018. The CEO of TC Energy Corp. says it is developing a plan to guard against the spread of the COVID-19 virus as it moves ahead with site preparation and planning for the US$8-billion Keystone XL Pipeline project. […]
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