Kananaskis — Government must create an environment where companies believe investment is wanted and welcome, which has not been the case thus far with respect to LNG — an export opportunity that does not just represent a potential boon for Western Canada energy producers, but for Western Canada’s petrochemical industry that depends on natural gas exports to enable its feedstock.
The Alberta government has urged the National Energy Board (NEB) to exclude the potential impact on Canada’s greenhouse gas emissions in its review of TransCanada Corporation’s proposed Energy East project.
In March, Canadian crude oil exports by rail climbed for the second month in a row to 155,655 bbls per day, according to the latest statistics from the National Energy Board (NEB). That’s up from 132,693 the previous month.
Pressure Relief Valves provide protection of life and of the facility (and property within it). When an overpressure condition exists, a pressure relief valve will open and allow overpressure discharge from the pressurized equipment.
(This is the text of a letter that will be sent to Prime Minister Justin Trudeau and all of Canada’s premiers and territorial leaders. It speaks to a special effort by the team at JWN Energy — a Calgary-based energy information company — to create a national platform via which all Canadians can access the important discussions we need to have about Canada’s energy future.)
As part of Bellatrix Exploration Ltd.’s succession planning process, Edward Brown, the company's executive vice-president of finance and chief financial officer will be retiring from the company, effective June 30, 2017 following more than 10 years of service with Bellatrix and its predecessors.
Tallgrass Energy Partners, LP announced that through its subsidiary Tallgrass Midstream, LLC (TMID) it has closed on the acquisition of DCP Midstream’s Douglas natural gas gathering system in the Powder River Basin for cash consideration of approximately $128 million, subject to potential adjustments specified in the purchase agreement.
Sunshine Oilsands Ltd. was informed by its major shareholder, Sun Kwok Ping, the executive director and chairman of the board of directors of the company, that on June 6, 2017, Sun acquired a total of five million shares of the company through on-market purchases for an aggregate consideration of HK$1,450,000.
SemGroup Corporation has executed a definitive agreement to acquire Houston Fuel Oil Terminal Company (HFOTCO), one of the largest oil terminals in the U.S., from investment funds managed by Alinda Capital Partners.
Exxon Mobil Corporation’s wholly owned affiliate, Exploration and Production Equatorial Guinea (Deepwater) Ltd., has signed a production sharing contract with the government of Equatorial Guinea for a deepwater block located 36 miles west of Malabo.
JWN is a division of an information communications company.
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