Focus on Oil
Total Energy Services plans $61.9 million in capital spending for 2025
Total Energy to spend $61.9M in 2025 on Canadian rig upgrades, gas compression, and carry forward $16.6M from 2024.
Oil services provider Flowco seeks up to $2 billion valuation in US IPO
Flowco Holdings seeks up to $2B valuation in U.S. IPO, riding capital market rebound and bullish equity trends.
Eyeing green legacy, Biden declares new national monuments
Biden's move will protect Chuckwalla National Monument in southern California from drilling, mining, and solar energy farms.
Global crude exports dip as trade routes reshuffle again
The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic.
Alberta Energy Regulator lacks evidence for tailings spill cleanup claims: study
Study reveals Alberta’s oil regulator lacks data to support claims on oilsands tailings spill cleanups, raising concerns.
Exxon Mobil sues California attorney general, environmental groups
The lawsuit filed in the federal court in Beaumont, Texas includes a cause of action sounding in libel or slander, court records show.
Alberta announces new effort to expand oil and gas pipeline capacity with Enbridge
Alberta partners with Enbridge to boost oil exports, streamline regulations, and expand pipeline capacity to the U.S.
Suncor broke records for oil production in 2024, company says
Suncor Energy sets new records in 2024 with 827,000 barrels/day production, boosted by Trans Mountain pipeline expansion.
Canadian oil stocks climb as industry absorbs news of Trudeau resignation
Canadian energy stocks surged Monday as PM Trudeau's resignation spurred optimism in the oil and gas sector.
