French company TotalEnergies says it has signed a deal to sell its Canadian operations to Suncor Energy Inc. in an agreement worth up to $6.1 billion. Under the deal, Suncor will pay $5.5 billion in cash, plus up to an additional $600 million that is conditional on...
CALGARY — Precision Drilling Corp. reported a first-quarter profit compared with a loss a year ago as its revenue rose nearly 60 per cent, helped by stronger drilling activity and price increases in the U.S. and Canada. The oilfield services company says it earned...
CALGARY– Cenovus Energy Inc., Saskatchewan’s largest oil producer with significant operations in the Lloydminste rarea, delivered upstream production in the first quarter of 779,000 barrels of oil equivalent per day (BOE/d)1 and downstream throughput of...
OTTAWA – Prime Minister Justin Trudeau wants Canada to produce some of the last barrels of oil to be used, but it should be processed into petrochemicals, not burned. That was part of his response to a student asking about shipping LNG to Canada. His...
Top 10 new wells in Saskatchewan for February. BlincSoftware BlincSoftware put together this graphic from data provided by the Saskatchewan Ministry of Energy and Resources. Much more detailed information can be found at BlincSoftware’s Canadian Petroleum...
By Dylan Robertson in Ottawa Democracies like Canada can be “reliable suppliers” of goods that espouse both environmental sustainability and the rule of law, Prime Minister Justin Trudeau said Monday. Trudeau spent the day at various events...
