CALGARY — Cathedral Energy Services Ltd. has signed a deal to buy the directional drilling services business of Altitude Energy Partners LLC in an agreement it valued at about US$100 million in cash and shares in a bid to grow its U.S. business. Altitude, a portfolio...
SURREY, B.C. — FortisBC Energy Inc. says it will partner with Suncor Energy Inc. and Hazer Group Ltd. to build a hydrogen pilot project in Port Moody, B.C. The $11-million pilot project will also be supported with grant funding from the provincial government’s...
By Janet Mcconnaughey And Matthew Brown in New Orleans NEW ORLEANS (AP) — President Joe Biden’s administration on Friday proposed up to 10 oil and gas lease sales in the Gulf of Mexico and one off the Alaska coast over the next five years — going against the...
By Kirsten Grieshaber in Berlin BERLIN (AP) — Fearing Russia might cut off natural gas supplies, the head of Germany’s regulatory agency for energy called on residents Saturday to save energy and to prepare for winter, when use increases. Federal Network Agency...
McCORD – One more helium operator has put bit to ground in Saskatchewan, making it the third in recent years to begin drilling in Saskatchewan. Helium Evolution Incorporated announced on June 28 it had spudded its first well at HEI 06-12-006-05W3M (“HEI-1”) on...
