Canada to Increase Oil Exports to US
Canada’s oil exports to the US are about to increase as pipeline capacity expansions increase by at least 420,000 barrels of oil per day (bbl/d) and production of heavy crude in the oil sands improves.
Canada | Egypt Oil & Gas - Part 2
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 to enhance mining sector and review the latest development of the Canadian companies in the field ...
Baker Hughes’ US Oil Rig Count Increases in April
The number of Baker Hughes’s rotary drilling rigs operating in the US has increased on April 16, recording 439 rigs.
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 (mm).
Canada’s Tourmaline Acquires 2 Companies Worth $585 MM
Canadian oil and gas producer, Tourmaline Oil Corporation (Tourmaline), has acquired fellow oil and gas company, Jupiter Resources, in an all-stock deal reported at approximately $476 million, inclusive of debt.
Canada Ramping Up Production to End Year on a High
Canadian producers are rigorously producing extra crude in an attempt to try and offset a dire year for the Canadian oil industry.
Cenovus, Husky Announce Merger
Cenovus Energy and Husky Energy have announced a transaction to create a new integrated Canadian oil and natural gas company with an integrated upstream and downstream portfolio which will provide increased funds. ...
Alberta Set to Increase Production Ahead of Schedule
Canada’s most prolific oil-producing province, Alberta, is set to increase its crude production in December ahead of schedule as coronavirus-related shutdowns ease congestion.
Ofinitiv Cancels JV with PetroChina
One of the largest independent producers of crude oil and condensate in North America, Ovintiv Canada ULC, has finalized an agreement with PetroChina Canada (PCC) to terminate the parties' joint venture (JV) and t ...
ConocoPhillips Completes Montney Acreage Acquisition
US supermajor ConocoPhillips has announced its completion of the Montney acreage acquisition in Canada from Kelt Exploration for a total of $390 million.
