PGHEF News and Press, Pengrowth Energy Corporation

Alberta's provincial government says it will lift curbs on crude oil production ahead of schedule at the start of December, nearly two years after the previous government introduced them to support oil prices.The quotas, reset monthly, are no longer necessary because 16% of Alberta's crude oi...

Alberta Premier Kenney is pleading for " significantly more action " from Canada's federal government to support the energy sector as demand for crude collapses due to COVID-19. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, Energy stocks news, ...

The price of Western Canadian Select crude tumbled today to a fresh record low of $4.58/bbl, meaning Canadian heavy crude has become so cheap that the cost of shipping it to refineries exceeds the value of the oil itself, Bloomberg reports. More news on: Enbridge Inc., Cenovus Energy Inc...

Canada looks like it will be the first big victim of the oil price war between Saudi Arabia and Russia, after the benchmark blend of crude produced from the country's oil sands plunged to a record low of $7.47/bbl today, Bloomberg reports. More news on: Suncor Energy Inc., Imperial Oil L...

Alberta's government could mandate further oil production cuts if rising crude supplies and falling prices threaten the survival of drillers in the province, Premier Kenney says. More news on: Cenovus Energy Inc., Suncor Energy Inc., Imperial Oil Limited, Energy stocks news, Read mor...

The cost to build the Trans Mountain pipeline expansion has skyrocketed 70% to C$12.6B (US$9.5) from a previous estimate of C$7.4B, because of legal delays to the project and accommodations made to indigenous communities along its route, CBC reports. More news on: Suncor Energy Inc., Imp...

Canada's Federal Court of Appeal rules Prime Minister Trudeau's government adequately consulted with indigenous groups along the route of the Trans Mountain oil pipeline expansion, clearing some uncertainty from the project although the ruling almost certainly will be appealed to Canada's ...

Canada's Supreme Court dismisses British Columbia's attempt to regulate what can be transported via the Trans Mountain pipeline project crossing its territory. More news on: Suncor Energy Inc., Imperial Oil Limited, CNO Financial Group, Inc., Energy stocks news, Read more ...

CALGARY, Alberta, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“ Pengrowth ” or the “ Company ”) (TSX:PGF, OTC:PGHEF) confirms the closing of the plan of arrangement involving Pengrowth, Cona Resources Ltd. (the “ Purchaser ”), Wa...

CALGARY, Alberta, Dec. 19, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“ Pengrowth ” or the “ Company ”) (TSX:PGF, OTCQX:PGHEF) today announced that, following the requisite shareholder and secured debt holder approvals having been obtained at the spec...