Natural Gas Sector

• Imperial Oil, ExxonMobil Canada selling central Alberta assets to Whitecap for $1.9B

  Imperial Oil says it and ExxonMobil Canada have entered into an agreement to sell the Montney and Duvernay oil and gas-producing areas of Alberta to Whitecap Resources.

  Money

  Jun 28, 2022
  
• Precision Drilling posts $75.9M loss in 2nd quarter despite better outlook

  Precision Drilling Corp. tripled its Canadian rig count in the second quarter, even as its net loss surged to $75.9 million because of compensation charges.

  Money

  Jul 22, 2021
  
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• Natural gas straddle plant designed to reduce oilsands emissions with cleaner fuel

  Wolf Midstream says it will build a facility to strip petroleum liquids from natural gas used in operations near Fort McMurray, leaving a purer fuel.

  Environment

  May 12, 2021
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• Tourmaline Oil reports Q4 earnings of $629M and 12% production rise

  Tourmaline Oil Corp. is reporting higher fourth-quarter earnings and production along with a 14 per cent increase in its dividend.

  Money

  Mar 11, 2021
• U.S. deep freeze boosts Canadian oil and gas producer profits and prospects

  Canadian oil and gas producers are banking higher profits as unusually severe winter weather sidelines U.S. rivals this week and drives up demand and prices for their products.

  Money

  Feb 17, 2021