Gas prices are set to rise in Alberta next month, with the provincial government fully reinstating its fuel tax following a drop in oil prices. Finance Minister Nate Horner says the fuel tax for gas and diesel will be 13 cents per litre starting April 1, an increase...
A consortium of Canada’s largest oilsands companies will submit an application before the end of the week for approval of its proposed $16.5-billion carbon capture pipeline project. The application by the Pathways Alliance industry group, which a spokesperson...
The 2024-25 provincial budget included a new incentive program for oil wells with numerous lateral legs, as well as critical mineral development. Lisa Baiton, president & CEO of the Canadian Association of Petroleum Producers, spoke about the new Mult-lateral Well...
Betts Drilling Rig 3 north of Glen Ewen in late January, 2024. Details on Multi-lateral Well Program released REGINA – When it comes to the energy sector, the 2024 provincial budget in large part expects a lot of the same – flat oil production, and similar oil prices....
CALGARY – The company that grew through the drill bit and over 30 acquisitions to at one point the largest oil producer in Saskatchewan is changing its name. Crescent Point Energy Corp. (TSX: CPG) (NYSE: CPG) announced Mar 20 that it intends to change its name...