oil field news

Alberta's economy to rebound this year, lead nation in GDP Growth

Alberta will experience a significant economic rebound this year and lead the nation in GDP growth, says a report released today by Scotiabank.

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Saskatchewan posts strong petroleum, natural gas land sales in June

The sale of petroleum and natural gas rights for June brought in $46.2 million, which marks the second highest June levels in history.

 

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Saskatchewans oils and gas rights sale nets $42.2M in June

The June sale of petroleum and natural gas rights netted $46.2 million in bonus bid revenue, making it the second-highest June land sale on record, the Energy and Resources Ministry said Thursday.


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U.S. company seeks Saskatchewan's oil

Oilsands Quest Inc. (OQI) held an information session at the Meadow Lake Civic Centre June 1.

The U.S. based company hoped to better inform northern communities and build relationships with them.

OQI holds offices in Calgary, Regina, and La Loche, and is the only active oil sands company in Saskatchewan.

 

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Spill effects spread to smaller players

The oil pouring into the Gulf of Mexico is punishing a broad contingent of smaller companies whose offshore exploration plans are being clouded by a growing regulatory clampdown.

 

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Sask. oil firm's environment boast disputed

An environmental watchdog in Saskatchewan is disputing claims by an oilsands development company that its oil-extraction process is greener than techniques used in northern Alberta.

 

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