02 November

Click here to view original web page at business.financialpost.com Aerial view of Canadian Natural Resources Ltd. oilsands mining operation near Fort McKay, Alta. Canada’s biggest producer is cutting production as prices plummet. The knives are out in the oilpatch as Canadian companies plan to cut production as the industry is forced to sell their oil […]

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02 November

Click here to view original web page at business.financialpost.com A pumpjack spins in a field near Grande Prairie, Alta. Better U.S. regulatory processes mean the energy industry is less likely to invest in Canada. Second in a three-part series on how Canada’s heavy regulatory burden is choking competitiveness. CALGARY – Enerplus Corp. chief executive Ian […]

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02 November

CALGARY, Nov. 1, 2018 /CNW/ – Bonavista Energy Corporation (“Bonavista”) is pleased to report to shareholders its financial and operating results for the three and nine months ended September 30, 2018. We have maintained quarterly production at 68,036 boe per day, while spending only 61% of adjusted funds flow. The unaudited financial statements and notes, […]

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02 November

CALGARY – The Alberta Energy Regulator is apologizing for estimating it would cost $260 billion to clean up after the provincial oil and gas industry. The sector’s accumulated environmental liability is currently estimated at $58.65 billion, less than one quarter of the presented number, it said in a statement […] Click here to view original […]

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02 November

Shale Gas Drilling in Northeast BC CALGARY – The Petroleum Services Association of Canada is predicting more pain for the oil and gas sector next year. It predicts a total of 6,600 wells will be drilled in Canada in 2019, down about five per cent from an expected 6,980 […] Click here to view original […]

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02 November

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) — (TSX: CJ) Cardinal Energy Ltd. (“Cardinal” or the “Company”) is pleased to announce its operating and financial results for the quarter ended September 30, 2018. The Company’s unaudited financial statements and management’s discussion and analysis for the quarter ended September 30, […] Click here to view original […]

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02 November

Oil prices steadied on Friday after a week of heavy falls as markets braced for the imposition next week of U.S. sanctions on Iran, which Washington hopes will halt exports of Iranian oil. U.S. light crude was 25 cents lower at $63.44, down more than 13 percent since hitting […] Click here to view original […]

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02 November

Suncor Energy Inc, Canada’s second-largest energy producer, does not need to reduce crude output as some of its peers are doing to cope with low prices, Chief Executive Steve Williams said on Thursday. Suncor, which has dedicated pipeline space for its crude as well as refineries in Canada, is […] Click here to view original […]

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02 November

TRUMP ADMINISTRATION DOLES OUT EXEMPTIONS AS IT ROLLS OUT IRAN OIL SANCTIONS: The Trump administration announced Friday morning that it will dole out exemptions to eight countries allowing them to continue importing oil from Iran even as the U.S. applies sanctions beginning Nov. 5. The sanctions are intended to […] Click here to view original […]

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02 November

WASHINGTON – The United States is pumping record amounts of oil, vaulting over Russia to become the world’s biggest producer of crude. The Energy Information Administration said Thursday that the U.S. produced more than 11.3 million barrels a day in August, a 4 percent increase over the old record […] Click here to view original […]

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