Browsing Tag
Alberta
97 posts
Westbridge Renewable Energy to sell Red Willow solar-storage project for up to C$26.7m
Westbridge Renewable Energy could receive C$26.7 million from the Red Willow sale, monetising development work before construction while retaining a broader Alberta solar and battery pipeline.
Acerta Energy to buy Astara for C$127m as Alberta production jumps 67%
Acerta Energy is acquiring Astara Energy for about C$127 million, adding 5,000 boepd and more than doubling crude production as the private Canadian producer accelerates consolidation across Alberta.
CN Energy (NASDAQ: CNEY) enters Canadian oil production with Cold Lake project
CN Energy Group’s first disclosed Cold Lake oil investment has entered production, extending a Canadian strategy that began with its $2 million acquisition of Alberta crude trader Blessing Logistics.
InPlay Oil (TSX: IPO) expands Belly River position as leverage rises with acquisition
The C$54.25 million acquisition adds 1,400 boe/d and more than a decade of Tier 1 drilling inventory, but lifts InPlay Oil’s expected year-end net debt.
Strathcona Resources (TSX: SCR) posts record free cash flow as heavy oil pure-play strategy delivers first full quarter test
Strathcona Resources posts record C$296M Q2 free cash flow as Meota Central first steam and Cold Lake reliability set the second-half production test.
Saturn Oil & Gas nearly doubles 2026 capex as acquisitions lift production target and debt
Saturn Oil & Gas has expanded its drilling programme after acquisitions and stronger well performance. Production and cash-flow guidance have risen, but so have capital spending and absolute debt.
Capital Power AFFO rises 40% as Meta data centre deal secures 250 MW
Capital Power secured a 250 MW Meta agreement as acquisitions lifted earnings, but tax credits and financing costs complicate the outlook.
Gibson Energy net income jumps 37% as Chauvin deal drives record infrastructure earnings
Gibson Energy net income rose 37% as Chauvin and higher terminal throughput drove record infrastructure earnings. See what comes next.
SLB (NYSE: SLB) Q2 revenue rises 5% as ChampionX offsets Middle East decline
SLB beat Q2 estimates on $8.97B revenue, but ex-ChampionX sales fell 5% as Middle East disruption bit and Data Center Solutions revenue accelerated 63%.
Shell’s $16.4bn ARC Resources (TSX: ARX) acquisition clears shareholder vote
ARC Resources shareholders approved Shell’s $16.4 billion takeover, bringing Montney gas scale closer while testing dilution, integration and LNG returns.