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Industry Related News - JuneWarren-Nickles
Alberta’s oilsands sector is at the cusp of a technological renaissance that could transform the industry similar to how innovations produced the shale revolution in the United States, a top CEO believes.
Suncor Energy Inc. is getting closer to reaching its internal goal of dropping per bbl costs at its oilsands mining and upgrading operations to under $20, and while CEO Steve Williams indicated that the bottom range of that target will like…
While the Petroleum Services Association of Canada (PSAC) anticipates 2,505 more wells drilled across the country this year than in its initial forecast, the oilfield service sector is still suffering from the impacts of a long industry downturn…
The following chart indicates which producers drilled more wells, or fewer, in Q1 2017 versus Q1 2016.
Fewer than a hundred rigs were active across the Western Canada Sedimentary Basin on Friday morning.
The National Energy Board (NEB) has asked Enbridge Inc. to file additional information on its plans for a horizontal directional drill (HDD) under the Mackenzie River to replace a segment of Line 21 near Fort Simpson, Northwest Territo…
The future of business is here and that means complacency is no longer an option. Living in a “comfort zone” when it comes to running operations can mean falling behind the competition; today’s environment demands flexibility to change t…
Over the last few years, oil and gas producers have faced tremendous headwinds. Producers are focusing on managing costs and reducing risk. Drilling and completion programs are a key area for scrutiny.
Higher global crude prices and a $151 million gain on the sale of a surplus property translated into estimated earnings of $333 million (39 cents per diluted share) for Imperial Oil Limited in the first quarter of 2017 compared to a $101 million…
Industry Related News - Mondaq
April 27th
On April 20, 2017, the Ontario Energy Board (OEB) announced that the electricity supply cost (Regulated Price Plan or RPP) for residential and small business customers will be reduced starting on May 1.
April 26th
In a much anticipated decision, a 2-1 majority of the Alberta Court of Appeal (the ABCA) has upheld the Alberta Court of Queen's Bench (ABQB) decision in Re Redwater Energy Corporation, 2016 ABQB 278.
April 26th
Field Law's Energy Group continues to follow developments regarding the Redwater Energy case. This Energy Alert summarizes the Alberta Court of Appeal's recent decision on the matter.
April 26th
A March 2017 report "Electricity Pricing in Ontario and its Effect on Competitiveness: An Automotive Manufacturing Case Study" concludes that Ontario's electricity costs
April 26th
On April 6, 2017, the National Energy Board (NEB) announced that it is launching a one-year pilot project to make a key pipeline safety standard available to the public free of charge.
April 25th
The Court rejected the defendants' argument that it must consider whether the duty to consult and accommodate had been fully discharged before granting an injunction to a private party.
April 24th
The Alberta Court of Appeal has dismissed the appeal brought by the Alberta Energy Regulator and the Orphan Well Association from the decision of the Court of Queen's Bench of Alberta
April 24th
The Canadian Extractive Sector Transparency Measures Act (ESTMA) came into force in June 2015, imposing reporting obligations on certain Canadian businesses engaged in the commercial development of oil, gas or minerals in Canada and abroad.
April 23rd
Two announcements have recently rocked the Canadian oil sands industry.
April 23rd
On April 4, 2017, the Ontario Energy Board (OEB) issued an Order requiring Algoma Power Inc. (Algoma Power) to operate the electricity distribution system owned by Dubreuil Lumber Inc.

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