First Nations do desire economic development, but only if balanced against ensuring environmental protection, as the well-being of future generations remains a priority for Indigenous communities, says Steve Saddleback, director of the National Energy Business Centre of Excellence at the Indian Resource Council (IRC).
March 1, 2022, 6 AM MST
Enerflex Ltd. anticipates new energy transition opportunities across several regions, as it leverages on strengths to provide modularized “engineer-to-order” solutions for industry, helping companies to decarbonize core operations, and to capture carbon, build biofuel infrastructure and explore the potential of hydrogen.
February 25, 2022, 12 AM MST
Pembina Pipeline Corporation delivered strong financial and operational results during the fourth quarter of last year amidst the backdrop of a recovering economy and strengthening commodity prices, says management.
February 25, 2022, 11:16 AM MST
Several compounding factors contribute to polarization along partisan lines when it comes to climate and energy issues, according to a newly-released Positive Energy report, and overcoming this polarization is not a simple task.
February 24, 2022, 6 AM MST
While Russia’s invasion of Ukraine destabilizes the world and business environment in general, Enerflex Ltd. does not anticipate any material impacts to its particular sales and revenue streams from this geopolitical event, says Marc Rossiter, president and chief executive officer.
February 24, 2022, 10:57 AM MST
Enerflex Ltd. maintains a strong Canadian outlook, but that region also remains challenged in that while Canada’s operators and customers are “excellent,” the regulatory environment can be problematic for the industry, according to Marc Rossiter, president and chief executive officer.
February 24, 2022, 10:59 AM MST
Pason Systems Inc. expects to spend about $30 million in capital expenditures in 2022, including $5.2 million of planned expenditures carried forward from 2021, due in part to ongoing supply-chain shortages and delays.
February 23, 2022, 10:50 AM MST
North American Construction Group Ltd. achieved year-over-year revenue increases in Q4 2021, management says, which is due largely to the Fort Hills mine equipment fleet that remobilized in Q3, as well as stronger demand for mine support work and equipment rental support at the Kearl mine than in Q4 2020.
February 17, 2022, 10:17 AM MST
North American Construction Group Ltd. is basing its long-term emissions-reductions targets on actual allocation of technology the company thinks will be available within the desired timeframes, says top brass.
February 17, 2022, 3:05 PM MST
North American Construction Group Ltd. could boost its oilsands business another 10-15 per cent by increasing its fleet availability, considering that the company is a low-cost provider and there currently is the market demand, says Joseph Lambert, president and chief executive officer, but a limited maintenance workforce impacts fleet availability.
February 17, 2022, 3:25 PM MST
The space industry is analogous to the energy sector, with much more innovation occurring in recent decades for both from a diversity of new companies, new entrepreneurs and new policies creating incredible sector growth while also positively impacting the planet, says George Whitesides, former chief executive officer at Virgin Galactic.
February 16, 2022, 6 AM MST
TC Energy Corporation is making “great progress” on the right-of-way for Coastal GasLink, with the pipeline project nearly 60-per-cent complete in the field at the beginning of 2022, says executive management.
February 16, 2022, 12 AM MST
TC Energy Corporation has seen an increase in processing and ethane extraction capacity in the Bakken region, says executive management, and the company’s Northern Border pipeline is currently weighted roughly 72-per-cent Bakken volumes versus Canadian volumes — the highest Bakken ratio the pipeline has seen for several years.
February 16, 2022, 6:25 AM MST
For its renewable energy transition business, TC Energy Corporation is taking an all-of-the-above strategy, focusing on both an ‘asset-light’ approach and a more historical development approach depending on the opportunities that are presented by any given jurisdiction, says Corey Hessen, executive vice-president and president, power, storage and origination.
February 16, 2022, 6:30 AM MST
Reducing red tape remains a priority for the Alberta government, as is ensuring those in industries such as oil and gas have tangible examples of where the province has successfully reduced unnecessary bureaucracy, says Tanya Fir, associate minister of Red Tape Reduction in Alberta.
February 16, 2022, 12:31 PM MST
Enbridge Inc. has been expanding “quite a bit” on the southern portion of its natural gas transmission system (T-South), which stretches from south of Chetwynd, B.C. to the American border, says top brass, with more work expected in the years ahead thanks to anticipated LNG projects on the West Coast.
February 14, 2022, 7:25 AM MST
Labour inflation is “here and real,” says Kevin Neveu, president and chief executive officer of Precision Drilling Corporation, but so is service price inflation.
February 11, 2022, 12 AM MST
The Clearwater at Marten Hills is proving itself as a strong demand driver.
February 11, 2022, 12 AM MST
Precision Drilling Corporation is currently having the “high-quality problem” of its fleet possibly running out of available super-spec rigs in 2022.
February 11, 2022, 12 AM MST
Enbridge Inc. is hearing from customers about the importance of toll certainty and egress as the company negotiates a new tolling framework for its Canadian Mainline.
February 11, 2022, 9:57 AM MST
Enbridge Inc. foresees abundant opportunities in the carbon capture space, such as through the proposed Open Access Wabamun Carbon Hub, says executive management, but cost and capital for such projects are intensive, and therefore they must be developed with scale and cost in mind.
February 11, 2022, 11:21 AM MST
Rangeland Midstream Canada Ltd. has commissioned its Headwater Pump Station, fulfilling the original scope of the company’s overall project when the Marten Hills Pipeline System came into service in mid-2020.
February 8, 2022, 3:12 PM MST
PrairieSky Royalty Ltd. reported an “exceptional year” for its business in 2021, says executive management, and the firm expects 2022 will be an active year in Canadian energy including through drilling activity on its properties.
February 8, 2022, 8:29 AM MST
The Petroleum Services Association of Canada (PSAC) anticipates increased activity across all oilfield service lines in 2022, with top brass highlighting an increase in site rehabilitation work.
February 3, 2022, 12 AM MST
Development of OPAS Mobile’s platform to automate industrial operations (i.e., fleet coordination, HSE reporting and timecards) is just one example of an existing venture applicable to the energy sector that will benefit from a newly-announced collaboration between Atlantic Canada’s Genesis and ExxonMobil Canada Properties (Hebron operator) and Hibernia Management and Development Company Ltd. (Hibernia operator), says Andrew Goldsworthy.
February 3, 2022, 9:07 AM MST
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