CALGARY — Precision Drilling Corp. says it lost $38 million in its latest quarter as drilling ramped up and revenue rose more than 50 per cent compared with a year ago. The Calgary-based company says the loss amounted to $2.86 per diluted share for the year ended...
A new international report finds forecasts for fossil fuel production around the world are way out of step with government climate commitments. But one of the report’s authors says Canada’s falling projections for its industry are more realistic than those...
ST. JOHN’S, N.L. — Canada’s offshore oil and gas regulator has laid three charges against a Cenovus Energy Inc. subsidiary stemming from a huge oil spill off the coast of Newfoundland in 2018. The Canada-Newfoundland and Labrador Offshore Petroleum Board...
Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer, made using natural gas. And fears are rising that...
Oil shale leases featured prominently in the August, 2021, Crown petroleum mineral rights sales. Pipeline Online reached out to the Ministry of Energy and Resources to provide some context of what it all means. On Oct 14, Melinda Yurkowski, assistant chief geologist,...
