Encana made changes to its executive leadership team on Sept. 10, including the promotion of Michael McAllister to president and Greg Givens to COO.
TC Energy’s oil pipeline route was already approved by the state’s Public Service Commission.
Here’s a snapshot of energy deals from the past week including a Permian Basin acquisition by Vermilion Cliffs plus the closing of the roughly $422 million merger of rivals TGS and Spectrum.
The Canadian oil and gas industry is slowly showing signs of recovery as energy experts are cautiously optimistic about the future of the vital economic driver.
Here’s a snapshot of energy deals from the past week including the sale of Houston-based Sabine Oil & Gas to a Japanese company worth over $600 million.
Encana edged past estimates for quarterly profit on July 31, helped by increased shale oil production in the Anadarko and Permian basins.
The Trans Mountain expansion is opposed by some indigenous groups but supported by others, who see it as a chance for indigenous people to benefit from Canada’s resources.
TC Energy Corp.'s proposed Coastal GasLink pipeline to supply the LNG Canada project in northern British Columbia is not subject to federal regulation, Canada's National Energy Board (NEB) said on July 26.
Enbridge Inc. has delayed the start of an open season to solicit bids for contracted space on its Mainline oil pipeline system, North America's largest oil-shipping network, three market sources told Reuters on July 17.
Canadian producers and pipeline operators continue to face serious business challenges. The Canadian Energy Pipeline Association is far from ready to throw in the towel. Here's why.