13 December

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Dec. 13, 2019 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that Mr. Sans Cartier has resigned from the Board of Questerre to pursue […]

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13 December

Cenvous Energy’s Christina Lake oilsands facility. Canadian oil producer Cenovus Energy Inc. said on Tuesday it would spend nearly a quarter more in 2020, after the province of Alberta lifted some curtailments on new oil wells last month. The company said it plans to invest between $1.3 billion (US$977.37 million) and $1.5 billion, nearly 22 […]

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12 December

Projected 10 Times Increase in Net Operating Income NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES Highlights: Net operating income (“NOI”) 1 growth to $80-$110 million with recent acquisition synergies Production in 2020 of 40,000-50,000 boe/d, a 230% to 290% increase over Q3 exit production $10.50-11.50/boe operating costs 2 […]

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12 December

Artist’s rendering of the Chevron-Woodside Kitimat LNG project. Image: Fluor Chevron Corp. says it is considering selling some of its shale assets in the U.S. and its 50% share in Kitimat LNG, which just recently received a new 40-year LNG export licence from the Canada Energy Regulator. The announcement came this week as the company […]

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11 December

CALGARY—Flanked by oil industry representatives on Wednesday morning, Alberta Premier Jason Kenney launched the Canadian Energy Centre — a war room intended to fight perceived misinformation and negativity about the sector. "When they lie about us, we are going to tell the truth," Kenney said. Originally referred to by the United Conservative Party as the […]

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11 December

Alberta Premier Jason Kenney has officially opened what he has called a war room to fight what he says is a campaign of lies about the province’s energy industry. Kenney announced in Calgary Wednesday that the new $30-million Canadian Energy Centre is needed to tell the “truth” about the oil and gas sector. Kenney promised […]

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11 December

CALGARY – Chevron Corp. says it is looking to sell its 50 per cent stake in the Kitimat LNG Project in British Columbia. The move comes as the company looks to cut spending on some investments and take a charge of at least US$10 billion because lower long-term prices for oil and natural gas will […]

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10 December

CALGARY — The CEO of Enbridge Inc. says an updated environmental review released by a Minnesota state agency on Monday is a “good outcome” but declined to speculate on when its oft-delayed Line 3 pipeline replacement project will be completed. The state Department of Commerce found no serious threat to Lake Superior if crude oil […]

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10 December

Enbridge Inc says it has adapted to an environment that has become increasingly challenging for pipelines. CALGARY — At a time when building new pipelines has become increasingly challenging, North America’s largest pipeline company is looking to low-risk, conservative projects for growth. “We’ve adapted to this environment… It’s not just about growth, we’re focused on […]

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10 December

Cenvous Energy’s Christina Lake oilsands facility. Company said it plans to invest between $1.3 billion and $1.5 billion, nearly 22 per cent higher compared to the mid-point of 2019 forecast Canadian oil producer Cenovus Energy Inc. said on Tuesday it would spend nearly a quarter more in 2020, after the province of Alberta lifted some […]

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