Europa boosts stakes in UK licences after buying rival for £1
Europa Oil and Gas said today it had snapped up a rival firm for £1 - a move that will increase its stakes in two UK exploration licences.
Europa Oil and Gas said today it had snapped up a rival firm for £1 - a move that will increase its stakes in two UK exploration licences.
Husky Energy said around half of the oil leaked from a spill last month has so far been recovered.
Suncor Energy Inc. posted a loss in the second quarter after wildfires curtailed output from its oil-sands operations in northern Alberta, eclipsing a recovery of crude prices.
Canadian authorities said they have recovered at least 40% of more than 1,500 barrels of oil which have leaked into a major river.
Husky Energy said it has closed a transaction to create a new partnership which will assume ownership of select midstream assets in the Alberta and Saskatchewan region.
Nexen Energy said it will cut an additional 350 jobs from its troubled oil-sands site.
Canada's National Energy Board (NEB) said it has suspended its review of a request from Northern Gateway Pipelines to extend the sunset clauses for the Enbridge Northern Gateway project.
Canadian oil-sands producers who are restoring production after wildfires are finding U.S. refiners are doing just fine without as much crude from their northern neighbor.
Shell Canada has been cleared to resume drilling of two exploration wells after an accident in March.
Tighter rules could start coming into force on natural resource projects in Canada in 2017.
Norwegian operator Statoil has finalised a 19-month drilling program offshore Newfoundland.
Shell has donated its Arctic energy exploration permits to the Nature Conservancy of Canada following its controversial exit from the region last year.
Deck machinery specialist ACE Winches has secured a six-figure contract with an operator to support in connecting the Hebron gravity based structure (GBS) and topsides offshore Canada.
Investec Bank said has arranged a long term financing of a portfolio of four UK projects totalling 40MW owned by Canadian Solar.
Energy regulators have recommended the approval of Kinder Morgan's $5.4billion Trans Mountain oil sands pipeline with the final decision now resting largely with Canada's Prime Minister Justin Trudeau.
Authorities in Alberta, Canada, have launched an app offering residents of wildfire-ravaged Fort McMurray a view of their damaged homes.
An investigation is underway after a fire broke out aboard the Hibernia platform offshore Canada earlier this week.
The majority of Canada’s oil sands industry has stopped production and will only resume when it is “absolutely safe”, Alberta’s premier said after meeting company officials.
Northern Petroleum said it has doubled production in the last three months and is looking to process much higher volumes from its Canadian assets.
Long before the oil era, Fort McMurray first flourished as a fur trading hub tucked in a valley of northern Canada’s boreal forest. Even then, the area’s shiny black soil stood out.
Canadian officials have started evacuating 8,000 people by air from work camps north of a city devastated by a massive wildfire that has grown to cover 85,000 hectares.
The raging inferno at the heart of Albert's tar sands region have caused crude oil prices surged higher.
A massive, raging wild fire has forced the evacuation of three more communities south of Canada’s main oil sands city.
Up to 80,000 residents are being told to evacuated the entire city of Fort McMurray, Alberta, under a mandatory evacuation order because of an uncontrolled wildfire that is rapidly spreading.
Alberta’s largest-ever evacuation from a wildfire has forced tens of thousands people to flee Fort McMurray and prompted Suncor Energy Inc. to reduce output in Canada’s main oil-sands region.