Headlines for Feb. 17, 2017

  1. Provincial Government Not Ready To Commit To Second Phase Of Sturgeon

    The pressure is building on Alberta’s New Democratic government to commit to back the second phase of the Sturgeon refinery, a multibillion-dollar project that converts bitumen into clean diesel, marine fuel and petrochemical feedstock, with the head of the company spearheading the project saying he needs a yes before this summer.

  2. Norway Officials Tour Canadian CCS Projects

    It’s “too early to tell” if Norway, a world leader in carbon capture and storage (CCS) technologies, would invest in CCS projects in Canada, according to the head of the country’s government-owned enterprise charged with ramping up the technology.

  3. Cenovus Ponders Restarting Oilsands Projects

    Cenovus Energy Inc. hinted that construction could restart on two deferred steam-assisted gravity projects in the next couple of years and says more information will be released in the coming months.

  4. Enbridge Announces New Management Appointments

    The business combination of Enbridge Inc. and Spectra Energy Corp. is still on track to close in the first quarter of 2017, Al Monaco, Enbridge president and chief executive officer, said today.

  5. Producer Spending Estimated 20 Per Cent Higher For 2017

    Producer capital spending is estimated at $28.08 billion for 2017, according to DOB estimates of 55 E&Ps, following an announcement of higher spending plans by Encana Corporation this week, the latest operator to officially announce its plans.

  6. Spectra Continues Advancing Western Canadian Projects

    Projects in Western Canada continue to advance toward their respective in-service dates, announced Spectra Energy Corp., specifically Jackfish Lake (first half of this year) as well as RAM and High Pine (second half of this year).

  7. Fluor Awarded Contract For Woodfibre LNG Project In Canada

    Fluor Corporation has signed an agreement with JGC America, Inc. (JGC) to provide construction-related support to the front-end engineering and design (FEED) services for the Woodfibre LNG project in the District of Squamish near Vancouver.

  8. Perpetual In Strategic Financing Initiatives

    Perpetual Energy Inc. announced the following strategic financing initiatives that will underpin the execution of its 2017 capital program while strengthening its liquidity and debt repayment profile:

  9. BOEM Approach Could Be Used In Mexico

    Mexican media reports indicate that the country’s Secretariat of Energy (SENER) is planning to copy an approach used by the U.S.-based Bureau of Ocean Energy Management (BOEM), in which multiple oil and gas blocks are auctioned off at once, when it unveils new auction plans in a few weeks.

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