Canada | Egypt Oil & Gas - Part 2
Gazprom Receives Documentation for Transport of Nord Stream 1 Turbine from Siemens Energy
Siemens Energy handed over Canadian documentation to Gazprom so that turbines for Nord Stream 1 could be transported, report Reuters referencing the Russian newspaper Kommersant. Following a 10-day maintenance shutdow...
Canada Promises to Support Halting Russian Oil Use
Canada, the world’s fourth biggest oil producer, pledges to export an additional 200,000 barrels of oil as well as 100,000 barrels of natural gas, the country’s Natural Resources Minister Jonathan Wilkinson told...
Canadian Natural Resources Attains 1,142 mboe/d in Q2 2021
Canadian Natural Resources announced positive results for Q2 2021, achieving production volumes of approximately 1,142 mboe/d during the quarter, the company said in a statement. The company also managed to decrease i...
Imperial Helium Completes Drilling First Well On Steveville Structure
Imperial Helium has successfully drilled, logged, and cased its first well, IHC-Steveville-1, on its historic Steveville Helium asset in South Eastern Alberta, according to a statement. The well has reached a total de...
Canada to Increase Oil Exports to US
Canada’s oil exports to the US are about to increase as pipeline capacity expansions are increasing by at least 420,000 barrels of oil per day (bbl/d). Production of heavy crude in the oil sands is also improving, a...
El Molla Discusses Developments in Mining Sector With Canadian Envoy
Minister of Petroleum and Mineral Resources, Tarek El Molla met with the Canadian Ambassador to Cairo, Louis Dumas, where they discussed the latest developments in the mining sector and reviewed the latest updates of ...
Baker Hughes’ US Oil Rig Count Increases in April
The number of Baker Hughes’s rotary drilling rigs operating in the United States has increased on April 16, recording 439 rigs, with a seven-unit week-on-week jump Rigzone reported. The rig count reflects a seven-uni...
Whitecap to Buy TORC Oil for $430 MM
Canadian Oil Producer Whitecap Resources Inc has agreed to buy TORC Oil and Gas Ltd in an all-stock deal valued at $430.81 million. TORC’s shareholders will acquire 0.57 of Whitecap’s shares against each TORC sh...
