Jim Bentein

  • ACTL Creating ‘New Industry’: Exec

    The Alberta Carbon Trunk Line (ACTL) project will mark the beginning of a new industry in the province that could ultimately lead to one billion bbls of oil being recovered from reservoirs in central Alberta, says an executive with one of the companies involved in the project.

    August 17, 2018, 7:49 AM MDT

  • Total Hikes Capital Spending Again — And Again It’s Directed At U.S.

    Total Energy Services Inc.’s board approved an increase to the company’s 2018 capital expenditure budget to $54 million, which will be directed at the U.S. — the lion’s share of a previous increase was also directed at areas outside of Canada, also mainly south of the border. ​​​​​​​

    August 10, 2018, 11:39 AM MDT

  • Keyera Cash Flow Surges For Q2; Dividend Hiked

    Keyera Corp., one of Canada’s fastest growing midstreamers, continues to fire on all cylinders, as it announced second quarter results Wednesday that saw its cash flow up by 32 per cent from the same quarter last year and its earnings rise by 44 per cent, leading to a decision to award its shareholders by increasing its dividend by seven per cent.

    August 9, 2018, 10:32 AM MDT

  • STEP Revenue Surges, Helped By Tucker Acquisition

    STEP Energy Services Ltd. reported good second quarter financial results Thursday morning, supported by the acquisition this past winter of a company that helped it enter the U.S. fracturing market.

    August 2, 2018, 10:30 AM MDT

  • LNG Project In B.C. Would Create ‘Step-Change’ In Proppant Demand: Source

    Despite the normal slowdown in oilfield activity caused by seasonal spring breakup, Source Energy Services Ltd., Canada’s largest frac sand provider, recorded strong second quarter results Wednesday, thanks to an increase in proppant intensity and completions activities by its customers.

    August 1, 2018, 9:32 AM MDT

  • New Low Sulphur Marine Standards Create Refining Opportunity

    New low-sulphur marine fuel standards could prove to be disastrous for the Canadian oil producing sector, says a new report by the Canadian Energy Research Institute (CERI), creating the need for more upgrading and refining to take place within Alberta.

    August 1, 2018, 9:13 AM MDT

  • Global Demand Points To Need For “New Wave” Of LNG Export Projects

    A “new wave” of LNG projects is needed with many of them in North America, a webinar on LNG opportunities heard Thursday.

    July 27, 2018, 6 AM MDT

  • Conventional Discoveries Seeing ‘Recovery,’ Says Rystad

    Those who assumed the world’s oil and gas production future would be all about unconventional resources, such as the oilsands and shale, have been proven wrong this year, as conventional oil and gas discoveries are on track for a significant increase, according to a new analysis.

    July 27, 2018, 11:24 AM MDT

  • Prairie Sky Results Affected By Lower Gas Prices

    Weak natural gas pricing and volumes weighed on PrairieSky Royalty Ltd. results for the second quarter and first half of 2018, leading to lower revenues, funds from operations and earnings than in the comparable 2018 periods.

    July 24, 2018, 9:08 AM MDT

  • Rystad Report Suggests European Majors Will Outpace North American Peers

    European-based majors BP plc, Eni S.p.A and Royal Dutch Shell plc have outperformed North American-based majors, such as Exxon Mobil Corporation, in securing new project approvals during the oil price downturn, says a new report.

    July 24, 2018, 11:30 AM MDT

  • Service Sector Players Confident LNG Canada Project Will Proceed

    If the $40 billion Royal Dutch Shell-led LNG Canada project proceeds, it likely will be the first of several LNG projects built on Canada’s West Coast, a senior executive with one of Canada’s largest workforce accommodation providers predicted Wednesday.

    July 12, 2018, 8:04 AM MDT

  • Canadian Service Companies See Strong Business Prospects In U.S.

    The red hot Permian play will remain so for the foreseeable future, a panel of executives with four Calgary-based energy services companies told an energy conference Wednesday.

    July 12, 2018, 8:33 AM MDT

  • OPEC Can’t Single-Handedly Reduce Oil Prices: OPEC President

    Despite suggestions from U.S. President Donald Trump that OPEC can single-handedly reduce oil prices, which would then lead to lower gasoline prices and leave more money in Americans’ pockets, the head of that cartel says it doesn’t have that much power.

    July 11, 2018, 4:47 AM MDT

  • Montney Will Be Dominant Part Of Canada’s Industry; LNG Fuels Optimism

    In two sessions at the TD Securities Calgary energy conference on Tuesday involving the most active players in the Montney, participant after participant made it clear the liquids-rich area will dominate Canada’s energy sector for many years.

    July 11, 2018, 8:24 AM MDT

  • Mexico Energy Observers Confident In Reform, Despite AMLO Election

    Despite the election of a left-leaning populist as Mexico’s new president — who in the past has threatened to halt the reform of the country’s energy sector — observers of the country’s energy industry appear confident the reform process will continue.

    July 3, 2018, 7:28 AM MDT

  • China Key To Natural Gas Consumption Growth: IEA

    The Paris-based International Energy Agency (IEA), in a report forecasting world natural gas production and consumption through to 2023, has repeated many of the themes that were evident in last year’s report, with the 153-page analysis echoing the predictions by BP plc and other majors that natural gas will be the fossil fuel of the future. 

    June 26, 2018, 6 AM MDT

  • Ottawa’s Takeover Of Trans Mountain A Model For Natgas Infrastructure

    A founding member of a new organization that is proposing several initiatives to improve the fortunes of Western Canada’s struggling natural gas industry says producers, government officials and others should view Ottawa’s takeover of the Trans Mountain pipeline as a model that should be copied for the natural gas sector.

    June 19, 2018, 6 AM MDT

  • Canadian Energy Exec Group Welcomes FW de Klerk On Thursday

    When Celine Gerson moved from Houston to Calgary this past January to become president of Schlumberger Canada Limited, which has 3,500 employees in this country, one of her first steps was to become involved in an organization called the Canadian Energy Executive Association (CEEA).

    June 11, 2018, 10:54 AM MDT

  • ‘Industry 4.0’ Could Be Game-Changer For Oil & Gas Sector

    June 6, 2018, 6 AM MDT

  • New Digital Technologies Being Adopted By Several Majors

    Even Joy Romero sounds a bit surprised about how much of what are being called “fourth industrial revolution” technologies are being deployed by the company she works for, which is one of North America’s largest oil and gas producers.

    June 6, 2018, 10:33 AM MDT

  • Gran Tierra Registers For Mexico Auction

    Calgary-based Gran Tierra Energy Inc. is one of 13 companies that have registered to bid on unconventional oil and gas blocks in Mexico, during an auction that will be held on Sept. 27.

    June 6, 2018, 8:36 AM MDT

  • Mexican Rig Count Increases To End Of April

    There was a 158 per cent increase in the rig count in Mexico in the first four months of 2018, with 62 wells drilled, compared to only 24 in the same period last year, according to Pulse Energy.

    June 6, 2018, 8:12 AM MDT

  • Muskrat Falls Medical Marijuana Ruling “Very Significant Decision,” Says Lawyer

    June 4, 2018, 11:34 AM MDT

  • Analysts Divided On Future Of Canadian Natural Gas

    To Bill Gwozd, the immediate future for most Canadian natural gas producers looks bleak — and it’s not going to get any better.

    June 1, 2018, 9:52 AM MDT

  • Mexican Regulator Approves Hokchi Energy Offshore Development Plan

    May 29, 2018, 6 AM MDT