23 February

Sign up for The Brief , our daily newsletter that keeps readers up to speed on the most essential Texas news. Four board members of the Electric Reliability Council of Texas, the entity that manages and operates the electricity grid that covers much of Texas, will resign on Wednesday, according to a notice to the […]

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23 February

Value of Alberta oil production back to pre-pandemic level Calgary organizations want pandemic recovery support in upcoming Alberta budget Premier Jason Kenney says a recent bump in energy prices in the third quarter of the current budget is helping the bottom line as his government prepares to introduce its 2021-22 budget . The budget deficit […]

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23 February

The deficit was predicted to be $6.8 billion when Finance Minister Travis Toews introduced the budget last February. But a global recession, the COVID-19 pandemic and an energy price war sent that forecast soaring to $21 billion in November. “Thankfully with significant recovery in energy prices, our revised projection has come down in our last […]

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23 February

Enerplus Co. (NYSE:ERF) (TSE:ERF) declared a monthly dividend on Wednesday, February 17th, Wall Street Journal reports. Investors of record on Friday, February 26th will be paid a dividend of 0.0079 per share by the oil and natural gas company on Monday, March 15th. This represents a $0.09 dividend on an annualized basis and a dividend […]

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23 February

(Bloomberg) — U.S. President Joe Biden’s decision to cancel the Keystone XL pipeline is sparking renewed interest in shipping Canadian oil-sands crude by rail, and that comes with its own environmental risks. Cenovus Energy Inc. and Imperial Oil Ltd. have increasingly turned to trains to move their crude, with oil exports by rail from Canada […]

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23 February

CVR Energy Inc (NYSE: CVI) Q4 2020 Earnings Call Feb 23, 2021, 1:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings, and welcome to the CVR Energy, Inc. Fourth Quarter 2020 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to […]

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23 February

Oilsand samples displayed at a research facility in Alberta. Article content Osum Oil Sands said on Tuesday its board had withdrawn its recommendation that shareholders reject the all-cash offer by private equity firm Waterous Energy Fund for a bigger stake in the Canadian energy company, days after it raised the offer price. Last week, Waterous […]

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23 February

CALGARY, AB, Feb. 23, 2021 /CNW/ — Peloton is pleased to announce that they have entered into an agreement to acquire Cevian Technologies, a cloud-based software company that specializes in real-time data acquisition, visualization, and reporting tools for the completions industry. Cevian’s flagship product, FracNet, is a real-time fracturing data visualization and cloud storage platform, […]

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23 February

Calgary, February 22, 2021 – Ryan Ferguson Young, former Vice-President of Sayer Energy Advisors, is pleased to announce the launch of Earth Horse Energy Advisors (“Earth Horse”). Earth Horse is an independent corporate advisory firm which focuses on the Western Canadian Sedimentary Basin. We offer various customized corporate advisory services, including the marketing of oil […]

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23 February

The Saskatchewan Green Party asserts that the oil industry in this province doesn’t clean up its wells when done with them. This is an oil battery near Shaunavon on Jan. 7. Brian Zinchuk, Local Journalism Initiative reporter Regina– Saskatchewan Green Party Leader Naomi Hunter put out a release on Feb. 18 claiming that Saskatchewan’s oilpatch […]

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