Alberta

Headwater, Cenovus Partner to Develop Marten Hills Oil in Northern Alberta

Headwater, Cenovus Partner to Develop Marten Hills Oil in Northern Alberta

A C$100 million ($75 million) oil development is planned over the next two years by a new northeastern Alberta drilling partnership announced Monday between Headwater Exploration Inc. and Cenovus Energy Inc. The deal gives Headwater a working ownership from Cenovus of Marten Hills, a 295-square-mile prospect, with C$35 million ($26 million) in cash plus 50…

November 9, 2020
Alberta Natural Gas Industry Considered Integral to Economic Recovery Post Covid-19

Alberta Natural Gas Industry Considered Integral to Economic Recovery Post Covid-19

Natural gas rose to the top of the Alberta government’s economic recovery agenda in a plan announced Tuesday to reverse supply/demand declines that set in well before the Covid-19 pandemic. “For more than 100 years, natural gas has been the cornerstone of Alberta’s energy economy,” said a provincial policy paper titled “Getting Alberta Back to…

October 7, 2020
Alberta Launches Oil, Natural Gas Methane Reduction Effort Funded by Emissions Penalties

Alberta Launches Oil, Natural Gas Methane Reduction Effort Funded by Emissions Penalties

A methane emissions cleanup drive has begun in Canada’s top oil and gas-producing jurisdiction, with the bills paid by levies imposed on companies that miss provincial carbon reduction targets. The Alberta government announced that the methane control campaign will use C$52 million ($39 million) from a banked waste carbon penalty fund called TIER, short for…

September 29, 2020
Alberta Oilsands Output Seen Rising, but Recovery ‘Filled with Uncertainty’

Alberta Oilsands Output Seen Rising, but Recovery ‘Filled with Uncertainty’

                               Canada’s top natural gas user, Alberta oilsands production, will increase even if the worst current projection of fossil fuel markets turns out to be true, according to a Calgary-based energy economics agency. The global slump caused by public health emergency responses to the Covid-19 pandemic only eroded the Alberta industry’s growth rate, the…

August 21, 2020
Goldboro LNG Hits Regulatory Snag in Alberta Related to Supply Acquisition

Goldboro LNG Hits Regulatory Snag in Alberta Related to Supply Acquisition

A second attempt is under way to fulfill environmental rules for a supply deal for the Goldboro liquefied natural gas export facility proposed for Canada’s east coast after the Alberta Energy Regulator (AER) rejected the first transaction plan.

May 20, 2020
Alberta’s Helium Industry Ballooning as Prices Soar Far Above Natural Gas

Alberta’s Helium Industry Ballooning as Prices Soar Far Above Natural Gas

Alberta, Canada’s chief natural gas producing province, has set out to break into international markets for a form of helium, which fetches prices up to 100 times higher.

May 20, 2020
Nova Scotia’s Goldboro LNG Delayed on Covid-19 Fallout

Nova Scotia’s Goldboro LNG Delayed on Covid-19 Fallout

The Covid-19 virus pandemic has inflicted delay on a planned liquefied natural gas (LNG) export project on Canada’s Atlantic Coast,Goldboro LNG, project sponsor Pieridae Energy Ltd. said Thursday.

April 16, 2020
Calgary’s 7G Secures ‘Responsible’ Natural Gas Supply Deal with Energir

Calgary’s 7G Secures ‘Responsible’ Natural Gas Supply Deal with Energir

A natural gas version of marketing eco-labels has won a toehold in Canada by playing a role in a sale from Alberta to Quebec by Seven Generations Energy Ltd. (7G).

April 13, 2020
Calgary’s 7G Secures ‘Responsible’ Natural Gas Supply Deal with Energir

Calgary’s 7G Secures ‘Responsible’ Natural Gas Supply Deal with Energir

A natural gas version of marketing eco-labels has won a toehold in Canada by playing a role in a sale from Alberta to Quebec by Seven Generations Energy Ltd. (7G).

April 13, 2020
TC Energy, Alberta Government Clinch Financing to Move Keystone XL Exports South

TC Energy, Alberta Government Clinch Financing to Move Keystone XL Exports South

TC Energy Corp. and the Alberta government on Tuesday announced a C$7.5 billion ($5.3 billion) financing agreement and immediate start on construction for the Keystone XL oil export pipeline into the United States.

March 31, 2020
‹ Previous 1 2 3 29