WINNIPEG, MB - Bird River Resources Inc. (CSE:BDR) (the "Company" or "Bird River"), announces that the Board of Directors passed a resolution to cancel 1,250,000 options ("Options") to purchase common shares ("Common Shares") of the Company which were previously granted to employees, advisors and consultants of the Company, effective November 7, 2022. Bird River is pleased to report that its planned transaction with Faraday Energy Inc. ("Faraday") a hydroelectric power producer is progressing [Read more]
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Altima provides update on $500,000 equity financing
Vancouver, British Columbia - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") further to the announcement on August 31, 2022 the Company closed its first tranche of its equity financing (the "Financing") (Refer to Press Release August 25, 2022), where in accordance with the provisions of subscription agreements received, at the closing the Company issued 6,100,000 Units at a price of $0.05 per Unit (the "Units") for gross proceeds of up to $305,000 (the "First Tranche"), each Unit [Read more]
Enbridge appoints Pamela L. Carter as Chair of the Board, effective January 1, 2023
CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced Pamela L. Carter as Chair of the Board effective January 1, 2023, coincident with the appointment of current Board Chair, Greg Ebel, as President & CEO on the same date. Mr. Ebel succeeds retiring President and CEO, Al Monaco. Ms. Carter has served as a director of the Enbridge Board since 2017 and with a predecessor company since 2007. Most recently she has served as Chair of the Human [Read more]
OPEC+ decision to hold virtual meeting signals little likelihood of policy change, cap on Russian oil awaited – source
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, a source with direct knowledge of the matter told Reuters on Wednesday. A virtual meeting also puts the focus on the pending European Union deal on a price cap on Russian oil ahead of a Dec. 5 deadline imposed by the bloc for a full embargo on purchases of Moscow's seaborne crude. "OPEC+ would rather sit on the bench at this time and assess the outcome of what happens on Monday," the [Read more]
PetroFrontier announces filing of Q3 2022 financial and operating results
CALGARY, AB / ACCESSWIRE / November 29, 2022 / PetroFrontier Corp. ("PetroFrontier" or the "Company") (TSXV:PFC) announces that the Company's Third Quarter 2022 Financial Statements and Management's Discussion and Analysis have been filed on SEDAR (www.sedar.com). About PetroFrontier PetroFrontier is a junior energy company currently focused on developing two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta. PetroFrontier's head office is in Calgary, Alberta and [Read more]
Alberta Premier Danielle Smith seeks more autonomy from Canada in new bill
The government of Canada's main oil-producing province Alberta introduced proposed legislation on Tuesday to resist federal laws it deems harmful to Alberta, fulfilling a controversial promise from new Premier Danielle Smith. If passed, the bill, known as the Alberta Sovereignty Within a United Canada Act, would give the province a legislative framework to defend its jurisdiction in areas such as natural resources, gun control, and health and education. It would also enable Alberta to [Read more]
New oil and gas jobs from BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Nov. 29 Field Operator (7/7, sometimes in camp) Roska DBO Valleyview Nov. 29 Field Operator - Dawson Creek, Spirit River, Fairview, Alberta, British Columbia Roska [Read more]
Enbridge finalizes Woodfibre LNG deal to assume 30 per cent ownership stake
CALGARY - Enbridge Inc. says it has completed a previously announced transaction giving it a 30 per cent ownership stake in the Woodfibre liquefied natural gas (LNG) project. Enbridge announced in July a partnership with Pacific Energy Corp., part of the Singapore-based RGE Group, to jointly invest in the construction and operation of the Woodfibre LNG project, located near Squamish, B.C. Under the terms of the deal, Enbridge now owns a 30 per cent stake in the $5.1-billion project, with [Read more]
Oil up on China COVID hopes, but OPEC+ output concerns offset gains
NEW YORK, Nov 29 (Reuters) - Oil rose on Tuesday on expectations for a loosening of China's strict COVID-19 controls, but concerns that OPEC+ would keep its output unchanged at its upcoming meeting limited gains. Brent crude futures settled at $83.03 a barrel, losing 16 cents, or 0.2%. U.S. West Texas Intermediate (WTI) crude futures settled at $78.20 a barrel, up 96 cents, or 1.2%. Chinese health officials said the country plans to speed up COVID-19 vaccinations for elderly people, aiming [Read more]
U.S. natural gas futures rise 1% on forecasts for colder December weather
U.S. natural gas futures edged up about 1% to near a one-week high on Tuesday on forecasts for colder weather through mid-December than previously expected. That price increase, however, was limited by forecasts for less gas demand over the next two weeks than previously expected. In addition to colder weather, which will boost the amount of gas burned to heat homes and businesses, energy traders noted gas demand would also rise in December if Freeport LNG's liquefied natural gas (LNG) [Read more]