Canada’s largest oil and gas producer is postponing the start of production from some of its planned new natural gas wells due to persistent low prices. Canadian Natural Resources Ltd. said Thursday about 20 of its remaining planned 2024 natural gas wells will...
CALGARY — Canada’s largest drilling rig contracting company has seen such surprising growth in customer demand after the opening of the Trans Mountain pipeline expansion that its CEO believes a rig shortage could be possible by next year. Precision Drilling...
CALGARY, ALBERTA –Late on July 30 Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) announced its financial and operating results for the three and six months ended June 30, 2024. Saturn is in its largest drilling program ever, with four rigs (three in...
Six clean electrical energy projects in Nova Scotia are receiving more than $192 million in federal funding as the province pushes to get off coal by 2030. Federal Energy Minister Jonathan Wilkinson announced the investment on Tuesday at the Halifax headquarters...
CALGARY — Precision Drilling Corp. says its earnings for the second quarter declined 23 per cent year-over-year to $20.7 million, down from $26.9 million. Revenue for the quarter was $429.2 million, up from $425.6 million during the same quarter last year. The company...
TC Energy Corp. is selling a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities for $1 billion. The Calgary-based pipeline company said the deal, announced Tuesday, will enable...
