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IndigenousAudio
CAPP: Natural Gas and Oil Industry Investing in Canada’s Economic Recovery
The Canadian Association of Petroleum Producers (CAPP) is forecasting a 14 per cent increase in upstream natural gas and oil investment in 2021. Capital spending in the sector is expected to be around $3.36 billion higher this year, reaching $27.3 billion, compared to an estimated total investment of $24 billion in 2020. The planned investment […]
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Taza Celebrates the Best of 2020: A Year of Milestones
Taza has made exciting progress this past year despite the numerous challenges and setbacks. As we reflect on the year ahead, our team is filled with immense gratitude for what has come to life, with big hopes for the future. Leading up to the beginning of 2021 we celebrated with a look back at our […]
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AltaGas Ltd. Announces Monthly Dividend
CALGARY, AB, Jan. 11, 2021 – AltaGas Ltd. (“AltaGas or the Company”) (TSX: ALA) announced today that the January dividend will be paid on February 15, 2021, to common shareholders of record on January 25, 2021. The ex-dividend date is January 22, 2021. The amount of the dividend will be $0.0833 for each common share. […]
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BitCrude™ Energy’s Success of Commercial-Scale, Diluent-Free, Non-Toxic Heavy Oil Shipping Process Revolutionizes Access to Offshore Markets
With the proven capability of its commercial Diluent Recovery Unit to eliminate diluent from the more traditional pipeline process for Canadian oilsands and other Western Canadian Heavy Oil, BitCrude™ launches multi-prong business partnerships to expand commercial production capability. CALGARY, AB, Jan. 11, 2021 – Calgary-based BitCrude™ Energy announced the successful completion of its commercial production demonstration […]
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Oil and gas markets set to rebound in 2021
Vaccines should allow economies to reopen and boost global demand Calgary, January 6, 2021 – Recent positive news about the availability of several vaccines against COVID-19 and optimism the world could return to pre-pandemic consumption behaviours are expected to bolster the oil and gas market in 2021, according to the latest forecast from Deloitte’s Resource […]
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Spartan Delta Corp. Provides Operational and Corporate Update and Revises 2021 Guidance
Calgary, Alberta – January 6, 2021 – Spartan Delta Corp. (“Spartan” or the “Company”) (TSXV:SDE) is pleased to provide an operational and corporate update with revised guidance for 2021. Highlights: Early results of Spartan’s drilling program are positive with fourth quarter production exceeding guidance. Executing on consolidation strategy, including three small but strategic acquisitions in […]
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Canadian Solar Sells Two Solar Projects to BluEarth Renewables, Supplying Low-Cost Clean Energy to the Government of Alberta
GUELPH, Ontario – Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) today announced it has sold an ownership interest in its Hays and Jenner solar projects to BluEarth Renewables (“BluEarth”). BluEarth will also assume management responsibilities of the projects. Located in southeast Alberta, both projects are 31 MWp (23 MWAC) in size. The projects are co-owned […]
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Suncor to record impairment charge on White Rose assets
CALGARY, Alberta, Jan. 04, 2021 — Suncor today advised that it will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project. While the asset is currently producing, the West White Rose Project was intended to […]
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Cenovus closes transaction to combine with Husky
Calgary, Alberta (January 4, 2021) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is pleased to announce that its strategic combination with Husky Energy Inc. has closed. The transaction creates a resilient integrated energy leader that is well positioned to provide superior returns for investors over the long term, as well as strong environmental, social […]
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WD 2020 Year in Review: Focus on protecting Western Canadian businesses and saving jobs
December 22, 2020 – Edmonton, Alberta – Western Economic Diversification Canada In 2020, a year of unprecedented challenges, the Government of Canada has turned to the regional development agencies (RDAs) to support as many businesses as possible in communities large and small. RDAs like Western Economic Diversification Canada (WD) know and understand the specific needs […]
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