Tag Archives: oil and gas
Province allocates $200 million for Saskatchewan oil and gas workers
The Government of Saskatchewan announced $200 million for the second phase of the province's Accelerated Site Closure Program (ASCP). The money will support more than 2,000 full-time equivalent jobs a...
Dec 11, 2020
Whitecap strikes deal to add TORC Oil & Gas to grow production
Calgary-based Whitecap Resources Inc. is cementing its position as a consolidator of conventional oil and gas producers in Western Canada with a friendly $550-million all-stock deal to buy rival TORC ...
Dec 09, 2020
Whitecap strikes deal to add TORC Oil & Gas to grow production
Calgary-based Whitecap Resources Inc. is cementing its position as a consolidator of conventional oil and gas producers in Western Canada with a friendly $550-million all-stock deal to buy rival TORC ...
Dec 09, 2020
Crescent Point Energy sets defensive capital spending budget for 2021
Crescent Point Energy Corp. says it is cutting its capital spending budget for 2021 because of the ongoing volatility in oil prices. The Calgary-based company says it plans to spend between $475 milli...
Dec 04, 2020
A group of indigenous communities wants in on Keystone XL Pipeline Deal
TC Energy Corporation has signed an agreement with Natural Law Energy allowing NLE to make an equity investment of up to $1 billion in the Keystone XL Pipeline project. NLE is an alliance of Indigenou...
Nov 18, 2020
Cenovus to buy Husky Energy in deal valued at $23.6B
Cenovus Energy Inc. will buy Husky Energy Inc. in an all-stock transaction valued at $23.6 billion, the Calgary-based companies said Sunday in a joint announcement. The merged Cenovus Energy Inc. will...
Oct 25, 2020
Western Canadian oil output still down after restoring some COVID-19 cutbacks
The Canada Energy Regulator says most, but not all, western Canadian oil production has been restored after being cut because of low prices amid the COVID-19 pandemic. The national agency says western...
Oct 22, 2020
Positive economic news for SK from Scotiabank report
With a second wave of COVID-19 hitting the country, a report from Scotiabank shows Saskatchewan is handling several economic areas quite well with a lot of credit going to the fact the province has do...
Oct 18, 2020
Mayor Fougere disappointed by ‘missed opportunities’ in throne speech
Regina’s mayor has concerns following Wednesday’s throne speech by the Liberal government. While he understands they are statements of intent and are not legislated changes yet, he feels t...
Sep 24, 2020
SK gov’t program to reclaim abandoned oil wells is working as planned
A program aimed at undertaking abandonment and reclamation work on inactive wells, facilities and flowlines is working smoothly. A release from the Saskatchewan government on Tuesday says $34 m...
Sep 22, 2020
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