TC Energy plans to power pipelines with wind and solar instead of natural gas. CALGARY — Canadian pipeline operator TC Energy Corp. could spend billions of dollars on its plans to lower emissions by switching to renewable energy to run its huge network of U.S. and Canadian oil and gas pipelines. Article content Calgary-based TC […]
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Generating cash: Drilling operations on an oil rig at Cenovus Energy’s Christina Lake field, the company’s biggest production asset. Photo: REUTERS/SCANPIX Canadian players both surge into black as revenues revive, while commodity price guidance for 2021 is increased Canadian players Suncor Energy and Cenovus Energy both benefited from a recovery in oil prices in the […]
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CALGARY, AB – Whitecap Resources Inc. (“Whitecap” or the “Company”) ( TSX: WCP ) is pleased to report its operating and unaudited consolidated financial results for the three and six months ended June 30, 2021. Selected financial and operating information is outlined below and should be read with Whitecap’s unaudited interim consolidated financial statements and […]
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Calgary, Canada – Greenfire Acquisition Corporation (“GAC”) announces that it has signed a definitive sale and purchase agreement to acquire all of the shares of Japan Canada Oil Sands Limited (“JACOS”), which has a 75% working interest in the Hangingstone Site (“JACOS Hangingstone”). GAC, which is backed by McIntyre Partners (“McIntyre”) and Griffon Partners (“Griffon”), […]
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/NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, AB, July 29, 2021 /CNW/ – (the " Company " or " Nanalysis "), (TSXV: NSCI) (OTCQX: NSCIF) (FRA: 1N1) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Echelon Wealth […]
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ANDREWS, TX – JANUARY 20: An oil pumpjack works at dawn in the Permian Basin oil field on January … [+] Earlier this month BP released its Statistical Review of World Energy 2021 . The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Each year, I […]
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TOKYO, July 29 (Reuters) – Japanese state-backed oil producer Japan Petroleum Exploration Co (Japex) (1662.T) warned on Thursday of a 90 billion yen ($820 million) loss from exiting its Hangingston oil sands project in Canada, sending its shares down. Japex has agreed to sell its entire stake in the oil sands project to Canadian oil […]
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TOKYO (Reuters) – Japanese state-backed oil producer Japan Petroleum Exploration Co (Japex) warned on Thursday of a 90 billion yen ($820 million) loss from exiting its Hangingston oil sands project in Canada, sending its shares down. Japex has agreed to sell its entire stake in the oil sands project to Canadian oil sands developer and […]
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WATCH: Will higher oil prices help Alberta’s budget? – Jun 24, 2021 Oil producer Suncor Energy Inc posted a second-quarter profit compared to a year ago loss on Wednesday, as crude prices rebounded from pandemic -driven lows. Like many of its peers, Suncor has been generating bumper free cash flow this year thanks to higher […]
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By Nia Williams CALGARY, Alberta (Reuters) – Canadian pipeline operator TC Energy Corp could spend billions of dollars on its plans to lower emissions by switching to renewable energy to run its huge network of U.S. and Canadian oil and gas pipelines. Calgary-based TC Energy, which ships oil and gas through nearly 100,000 kilometres (62,140 […]
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