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Alberta
Oil Price
Oil Set for Third Straight Weekly Decline Amid Tariff Concerns
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices rose marginally in Asian trade on Friday but were on tra…
LNG
Canada’s Alberta Eyes Japan for New LNG Deals Amid US Tariff Threat, Minister Says
Alberta's Minister of Environment and Protected Areas Rebecca Schulz poses for a photo during an interview in Tokyo, Japan February 5, 2025.Canada's Alb…
Crude Oil
Suncor’s Fourth-Quarter Profit Beats on Higher Oil Output, Fuel Sale Volumes
The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019.Canada's Suncor Energy (SU.TO), opens new tab beat analysts&…
Biofuel
Imperial Oil to Complete Construction on Renewable Diesel Project in Q2
Imperial Oil Ltd. on Jan. 31 confirmed construction on the renewable diesel facility at its Strathcona refinery near Edmonton, Alberta, is progressing on schedu…
Coal Mine
Future of Grassy Mountain Coal Mine Now in the Hands of the Alberta Energy Regulator
Dozens of noisy protestors gathered outside the Calgary offices of the Alberta Energy Regulator on Thursday for the final day of hearings into Northback Holding…
Oil Pipeline
Alberta Looks to Spur New Pipelines by Guaranteeing Barrels
Alberta’s government plans to directly dedicate barrels of oil for new pipeline projects in a bid to accelerate the expansion of production in the western…
Natural Gas
Canada’s Suncor Says Oil and Gas Production Rose in Fourth Quarter
Suncor Energy facility is seen in Sherwood Park, Alberta, Canada August 21, 2019.Canadian oil and gas company Suncor (SU.TO), opens new tab said on Monday it sa…
Oil&Gas Drilling
Vermilion Energy Announces $1B Deal to Buy Westbrick, Bolstering Scale in Deep Basin
Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.The Calgary-based company says the trans…
Oil Exploration
Exploration Well Encounters 4 Oil Rich Reservoirs
Arrow Exploration Corp. (AXL:TSX.V; AXL:LSE) made a material discovery with its Alberta Llanos AB-1 exploration well on the Tapir block in Colombia's Llanos…
Geothermal Drilling
Alberta, Canada Publishes Atlas of Deep Geothermal Energy Potential
The Alberta Geological Survey has published the Geothermal Atlas of Alberta, Canada highlighting key insights on the deep geothermal potential of the region.The…
Crude Oil
Gran Tierra Makes Oil Discovery in Ecuador
Gran Tierra Energy Inc. has reported a seventh oil discovery in Ecuador, which it said confirmed the significant potential of the Arawana/Zabaleta field area.Th…
Geothermal Drilling
Alberta, Canada Invests on Test Facility for Advanced Drilling Technologies
Alberta, Canada will be investing $50 million for the Alberta Drilling Accelerator, a hub to test and develop advanced drilling technologies.The Government of A…
Oil & Gas Supply
Alberta Prepares to Fight Trudeau Cap on Oil and Gas Emissions
Alberta intends to invoke legislation allowing it to defy a federally proposed cap on emissions from the energy industry in opposition to Prime Minister Justin …
Crude Oil
Ovintiv to Acquire Alberta Montney Assets for $2.4B
Ovintiv Inc. is acquiring Montney assets in Alberta from Paramount Resources Ltd. in an all-cash transaction valued at approximately $2.377 billion (CAD 3.325 b…
Natural Gas
NuVista to Supply Gas to Trafigura in Long-Term Deal
Trafigura Group Pte. Ltd., has signed a long-term natural gas agreement with NuVista Energy Ltd., a leading producer of condensate-rich natural gas in the Montn…
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