13 February

Cambridge Trust Co. cut its stake in Exxon Mobil Co. (NYSE:XOM) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 149,489 shares of the oil and gas company’s stock after selling 4,131 shares during the period. Cambridge Trust […]

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13 February

Prime Minister Justin Trudeau has held discussions with the Senegalese President Macky Sall over a partnership that could offer “attractive growth potential” in the oil and gas sector for the West African country. Justin Trudeau has been on a world tour in an attempt to garner support for a seat at the United Nation’s security […]

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13 February

Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude was trading unchanged on Thursday, the final day of the month’s trading cycle. Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, was trading at $16.80 per barrel below WTI, according to NE2 Canada Inc, matching Wednesday’s settle. Protests […]

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13 February

Facing years worth of multi-million dollar shortfalls, Keephills County has had to get creative in order to maintain the infrastructure they have, such as pulling up the shoulders along county roads so the material can be used to repave other roads. Two pumpjacks frame a picturesque farm in Kneehill County near Three Hills, Alta., on […]

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13 February

Coveralls hang in the dry room at the Agnico Eagle Mines Ltd. Amaruq mine site in Amaruq, Nunavut, Canada, on Tuesday, July 30, 2019. Bloomberg/Cole Burston OTTAWA — Canada’s economy slowed "sharply" in the final quarter of 2019, the parliamentary budget office said Thursday in its February economic and fiscal report. And the new coronavirus […]

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13 February

[File art: Pexels] Sunoco Inc. — $35.75 Oklahoma oil and gas drilling activity posted Jan. 31: COMPLETION Canadian: Roan Resources LLC; Fusaichi Pegasus 9-4-13-6 No. 2MXH Well; NE1/4 NW1/4 NW1/4 NW1/4 (BHL) of 04-13N-06W; 581,000 cu-ft gas per day, 443 barrels oil per day; TD 18,990. INTENT TO DRILL Canadian: Cimarex Energy Co.; Callahan BIA […]

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13 February

Oil & gas group Suncor will start building what could be one of Canada’s largest wind farms with Siemens Gamesa turbines. Suncor tapped the wind OEM for 45 of its SG 4.5-145 machines for deployment at its Forty Mile wind project in Alberta. The 205MW order and 20-year service deal cover the first phase of […]

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13 February

Good things happen when politicians let entrepreneurs keep more of their money to reinvest in growing their business and increasing job opportunities. Albertans are starting to see positive signs from Premier Jason Kenney’s smart decision to lower business taxes. The Canadian Association of Petroleum Producers recently announced that it expects investment in the oil and […]

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13 February

Below are five COMPETETIVELY PRICES and RAPIDLY DEPLOYABLE pump package options curated by Crusader Joint Ventures. All are READY TO SHIP in as little as one week! Ranging from 30HP to 200HP (see performance charts) and stored in Central Alberta for easy inspection (explore the 360º virtual tours). Purchase and rent-to-own options available. #1 – […]

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13 February

CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that it has approved two new expansion projects totaling $1.3 billion on its wholly-owned natural gas pipeline systems. The $0.9 billion 2023 NGTL Intra-Basin System Expansion will deliver natural gas from the Western Canadian […]

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