Energy service companies are pursuing opportunities in the geothermal space, given the many overlapping skills, drilling techniques and project management practices used in the oil and gas industry.
Canadian supply rose by 70,000 bbls/d month-on-month in March to 6.5 million bbls/d, according to the International Energy Agency (IEA).
Oil demand is expected to contract by 80,000 bbls/d this year, as the Iran war upends the global outlook, says the International Energy Agency (IEA) in its April report on the oil market released today.
North Hudson Resource Partners LP and its affiliated funds in partnership with the management team of HWN Energy Ltd. announced the acquisition of HWN.
Acerta Energy Ltd. has acquired operated light oil and gas assets in central Alberta’s Cardium fairway from Hawthorne Energy, delivering approximately 8,300 boe/d of production and immediately establishing Acerta as a scaled, growth-oriented operator in one of Canada's most proven conventional oil plays.
Fifteen Indigenous and clean energy groups from across Canada want the federal government to build a $20-billion national electricity grid powered by renewable energy.
Avanti Helium Corp. announced a major execution milestone at its flagship Sweetgrass helium project in Montana, having advanced the initial payment installment required to begin final plant modifications, disassembly, and relocation of its helium processing facility to Montana.
EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the initial closing of EIG Geothermal Catalyst Partners, a dedicated investment vehicle focused on making investments to support the development of next-generation geothermal projects in the U.S.