BOE Report

Gibson Energy confirms 2022 first quarter earnings release and annual general meeting dates and provides conference call & webcast details

CALGARY, AB - Gibson Energy Inc. announced today that it expects to release its 2022 first quarter financial and operating results on Monday, May 2, 2022 after the close of North American markets. The 2022 first quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. Earnings Conference Call & Webcast Details A conference call and webcast will be held to [Read more]

Wolf Midstream and partners selected to develop potential sequestration hub

CALGARY, AB - Wolf Midstream (Wolf), Whitecap Resources (Whitecap), the First Nation Capital Investment Partnership (FNCIP) and Heart Lake First Nation have been selected by the Government of Alberta to enter into an agreement to pursue the development of a potential carbon sequestration hub in the Fort Saskatchewan area, following a highly competitive RFPP process. Wolf and partners will conduct a technical evaluation of the geographic area this year to confirm its suitability prior to applying [Read more]

Enbridge awarded right to advance Alberta carbon hub

CALGARY, AB - Today, the Government of Alberta announced that Enbridge (TSX: ENB) (NYSE: ENB) has been awarded the right to pursue development of a carbon dioxide (CO2) sequestration hub west of Edmonton, Alberta. Enbridge is developing the Open Access Wabamun Carbon Hub (the Hub) to support near-term carbon capture projects being advanced by project partners Capital Power Corporation (Capital Power) and Lehigh Cement, a division of Lehigh Hanson Materials Limited (Lehigh Cement). "We are [Read more]

Vermilion Energy Inc. announces strategic acquisition of multi-decade free cash flow generating Montney assets

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that we have entered into an arrangement agreement to acquire Leucrotta Exploration Inc. ("Leucrotta") for a net cash purchase price of $477 million (the "Arrangement" or the "Leucrotta acquisition"). Leucrotta is a Canadian publicly listed Montney-focused oil and natural gas exploration and development company with lands located in the Mica area of Northeast [Read more]

Canada’s Natural Gas Industry is Ready to Support Global Energy Security

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OTTAWA, ON, March 25, 2022 /CNW/ - "Canadian Gas Association has written an open letter to Prime Minister Trudeau, which reads as follows:" The Right Honourable Justin Trudeau Prime Minister of Canada 80 Wellington Street Ottawa, Ontario K1A 0A3 Subject: Canada's Natural Gas Industry is Ready to Support Global Energy Security Dear Prime Minister: The government's announcement to create a Canada-EU working group on green transition and LNG is welcomed by the Canadian Gas [Read more]

Minister Wilkinson advances energy security and the global transition to net zero at the International Energy Agency Ministerial

PARIS - The Honourable Jonathan Wilkinson, Minister of Natural Resources, joined his international counterparts at the International Energy Agency (IEA) Ministerial in Paris, France, this week to help ensure international collaboration on global energy security and the transition to a net-zero emissions economy. Since President Putin's illegal invasion of Ukraine, the Government of Canada has taken strong action, banning imports of Russian oil, gas and petroleum products and imposing [Read more]

Canadians support stronger role for its energy, natural resources

CALGARY, AB - A new poll suggests Canadians are ready to see this country's energy and natural resources play a stronger leadership role in edging out less regulated, less principled supplier nations in the global supply pool. The new poll conducted by Research Co. for Canada Action on March 14 and 15 questioned 1,000 adults across Canada and found strong support for Canada's energy, mining and metals, agriculture, and potash sectors in light of this country's strong environment, health and [Read more]

Enerplus appoints Mark A. Houser to its Board of Directors

CALGARY, AB - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced the appointment of Mr. Mark A. Houser to its board of directors. Mr. Houser has spent his career in the energy industry, most recently as the founder and principal of Symphero Energy Solutions, LLC, an advisory services company in the oil and gas and renewable energy development markets. Prior to starting Symphero Energy Solutions, Mr. Houser served as Chief Executive Officer of University Lands from 2015 [Read more]

Canada launches impact Canada oil spill response challenge

OTTAWA, ON - From coast to coast and all across Canada, healthy oceans and waterways provide prosperous local economies and resilient communities. Now more than ever, as the country transitions to a net-zero economy, the Government of Canada is focused on protecting diverse ecosystems, Canada's natural heritage and the jobs that rely on them. That's why we are pursuing next-generation oil spill detection and recovery technologies to protect and preserve our coastlines and the natural environment [Read more]

Keyera and Shell sign agreement to advance clean energy

CALGARY, AB - Building on Keyera's efforts to advance sustainable energy solutions for its own business and that of customers, Keyera Corp. ("Keyera") and Shell Canada Limited ("Shell") have signed a memorandum of understanding (MoU) to collaborate on potential low-carbon projects in Alberta's Industrial Heartland. This collaboration would leverage existing assets, adjacent lands, and strong leadership to support industry's journey to a lower-carbon future and attract new investment [Read more]