CALGARY — Ovintiv Inc. has signed a pair of deals to sell portions of its assets located in the Uinta and Bakken Basins for total proceeds of approximately US$250 million. The company says the Uinta Basin assets being sold are mature waterflood assets. The Bakken...
ST. JOHN’S, N.L. — Newfoundland and Labrador’s offshore oil regulator is laying charges in connection with a 2019 oil spill in the Hibernia field, which sits about 315 kilometres off the coast of St. John’s. The Canada-Newfoundland and Labrador...
CALGARY — The $4.3-billion Heartland Petrochemical Complex, which has been under construction northeast of Edmonton since 2018, has produced its first plastic pellets. Owner and operator Inter Pipeline Ltd. said Tuesday the newly commissioned facility has been...
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...
