Cenovus Energy Reportedly Hires Banks To Sell Weyburn, Palliser Assets

Cenovus Energy has hired investment banks to sell oil assets in Western Canada, which it hopes would fetch as much as C$2.5 billion (US$2 billion), according to people familiar with the situation.

Jul 13 2017 - 8:35am

Pipelines Secured As Wildfires Rage In Western Canada

Major pipeline companies in western Canada have created fire breaks, installed sprinklers and taken other measures to protect operations as raging wildfires spread in British Columbia.

Jul 12 2017 - 1:45pm

Fire Extinguished At Syncrude Oil Sands Plant In Alberta

A small fire broke out in a sulfur emissions reduction unit at the Syncrude oil sands plant in northern Alberta on the morning of July 10 and was extinguished within two hours with no injuries to workers.

Jul 10 2017 - 2:40pm

Apache Exits Canada In Three Deals Worth $713 Million

Apache’s Canadian divestitures will unlock value as the Houston-based company builds momentum in the prolific Permian Basin.

Jul 7 2017 - 7:15am

Canada Says Wants Single Body To Assess Major Energy Projects

Plans released June 29 mean Canada's much-criticized national energy regulator would lose power to assess natural resource projects.

Jun 30 2017 - 8:05am

Canada Pension Plan Commits Up To $1 Billion To Buy US Oil, Gas Assets

Canada Pension Plan Investment Board, the country's biggest public pension fund, plans to invest up to $1 billion to buy oil and gas assets in the U.S. in a partnership with Encino Energy Ltd.

Jun 29 2017 - 9:45am

US Charges Penn West Petroleum, Ex-Execs With Accounting Fraud

U.S. securities regulators on June 28 filed civil accounting fraud charges against Canada-based oil and gas company Penn West Petroleum and several of its former top finance executives.

Jun 28 2017 - 2:25pm

3esi-Enersight Acquires Oil, Gas Software Creator Energy Navigator

3esi-Enersight acquired Energy Navigator Inc. creating the largest provider of integrated strategy, planning and reserves solutions for the oil and gas industry.

Jun 27 2017 - 8:55am

Rubicon Strengthens Downhole Completions Portfolio With Acquisition

Rubicon Oilfield International, backed by Warburg Pincus, acquired the assets, people and operating business of Calgary, Alberta-based World Oil Tools for an undisclosed amount.

Jun 22 2017 - 10:55am

Encana Increases Permian Type Curves, Premium Return Inventory

Encana's cube development and advanced completions have led to a 20% increase in the company's Permian type curves and 700 new premium return locations.

Jun 21 2017 - 2:55pm