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Penn West to Sell Weyburn Stake
Thursday, October 01, 2015 Penn West intends to sell its non-operated 9.5% working interest in the Weyburn field, located in southeast Saskatchewan, Canada, for $205 million.
BG Acquires Repsol's Newfoundland Interests
Monday, September 28, 2015 BG Group acquires 3 non-operated positions offshore Newfoundland, Canada, from Repsol.
TransCanada Says Cutting 20% Of Senior Management Positions
Thursday, September 24, 2015 TransCanada Corp is cutting 20% of its senior management positions as a result of the continuing slump in oil prices, a company spokesman says.
Imperial's New Projects Add 120,000 Bpd Of Crude So Far This Year
Wednesday, September 23, 2015 Imperial Oil adds 120,000 barrels per day of heavy crude supply from two new projects this year even as prices languish near 6-1/2 year lows.
Husky Scraps Seadrill Drilling Contract
Tuesday, September 22, 2015 Husky Oil Operations cancels a drilling contract with Seadrill for the West Mira (UDW semisub).
Total Sells Stake In Alberta Oil Sands Project To Canada's Suncor
Monday, September 21, 2015 Total sells 10% of its planned 180,000 barrels-per-day capacity Fort Hills project for around $230 million.
CNRL Cuts Calgary, Aberdeen Staff Salaries; Cites Low Oil Prices
Thursday, September 10, 2015 Canadian Natural Resources Ltd, the country's largest independent oil producer, is cutting salaries by up to 10 percent for all its staff in Calgary, Alberta, and Aberdeen, Scotland, the company says.
Canada Arctic Drilling Rules May Stifle Development, Gov't Told
Wednesday, September 09, 2015 Canada's offshore Arctic drilling rules could "stifle" development since they do not provide incentives for companies to proceed with production after discovering oil.
Canadian Oil Sands Says No Plan To Sell Future Production
Wednesday, September 09, 2015 Canadian Oil Sands says it had reviewed selling a small portion of its future production but decided against the option for now.