Export Development Canada (EDC) is “shouting about the business opportunities in Mexico from the rooftops,” says a senior official with Canada’s export credit agency — and Canadian businesses are starting to hear what it has to say.
July 19, 2016, 6 AM MDT
Proximity, the vast amount of supply, as well as competitive prices are reasons why Western Canada remains an attractive natural gas source for the western United States, according to Mark Tomlinson, director of marketing and business development at Spectra Energy.
July 19, 2016, 10:36 AM MDT
Support of First Nations is vital to new energy transportation projects and that’s where the company proposing a new railway to provide Alberta oilsands crude with access to tidewater in Alaska intends to start, the company’s president said Monday.
July 19, 2016, 9:28 AM MDT
India is requiring no bonuses or work commitments on bids for 67 discovered fields, industry representatives in Calgary heard on Monday.
July 19, 2016, 11:59 AM MDT
Yoho Resources Inc. announced a going private transaction this morning.
July 19, 2016, 8:10 AM MDT
Natural gas-fired electricity generation in the United States is expected to reach a record level this year, providing an average of 3.8 million megawatt hours per day in 2016, or four higher than in 2015. Based on the Energy Information Administration’s (EIA) latest Short-Term Energy Outlook (STEO), monthly natural gas-fired generation is expected to reach record highs in July and August, when weather-related demand for air conditioning increases electricity demand.
July 19, 2016, 8:13 AM MDT
Venezuela is in political and economic crisis. President Nicolas Maduro and his fellow Chavistas continue to cling to power despite the Democratic Unity Roundtable (MUD) securing a massive two-thirds supermajority in last December’s parliamentary elections. Economically, the country is suffering riots and lootings due to shortages of food, medicine, other basic goods and electric power.
July 19, 2016, 6 AM MDT
Attendees will learn about the 3 secrets to achieving true fleet, asset & materials optimization from Canada’s leading provider of telematics solutions to the energy industry. You will see how one of Canada’s top oil & gas producers leveraged those key secrets and implemented a solution that resulted in a 150% plus ROI within four months.
July 19, 2016, 6 AM MDT
July 19, 2016, 11:33 AM MDT
The role of geophysics in the industry is a robustly debated subject these days. As our industry continues to evolve in order to meet challenges brought on by unconventional resources, changing supply and demand factors, environmental drivers, and legislative and tax regime changes — just to name a few — all aspects of our industry are under scrutiny. Nobody wants to spend money or do anything that cannot be immediately assessed for the value it adds. It is under this scrutiny that geophysicists could perhaps be forgiven for periodic existential anxiety.
July 19, 2016, 8:20 AM MDT
Devon Energy Corporation has brought online another successful spacing pilot and a record-setting oil well in the over-pressured oil window of the STACK play.
July 19, 2016, 6 AM MDT
Packers Plus Energy Services Inc. announced the continued success of its StackFRAC Titanium XV high pressure and high temperature (HPHT) open hole ball drop completion system in enabling operators in Alberta's Duvernay formation to achieve cost savings of up to 30 per cent compared to plug-and-perf completion methods.
July 19, 2016, 8:27 AM MDT
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Barriers to building pipelines that would allow Canadian producers to diversify their sales result in prices that are 20 to 30 per cent below the world price, costing Canada’s economy and governments billions in foregone revenues, finds a new study released today by the Fraser Institute.
July 19, 2016, 8:44 AM MDT
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July 19, 2016, 10:49 AM MDT
The Trans Mountain Pipeline expansion project (TMX) ministerial panel has been tasked by Canada's minister of natural resources, Jim Carr, to engage with local communities, stakeholders, and indigenous groups, to seek additional views that could be relevant to the government's final decision on the project.
July 19, 2016, 6 AM MDT
DXI Energy Inc., an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, has retained industry veteran A. Paul Kroshko as a senior consultant to its E&P team.
July 19, 2016, 6 AM MDT
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