Alberta oilsands producers need to take action sooner rather than later to minimize the potential for shut-in production before new global limits on the sulphur content of ship fuel take effect in 2020, says a veteran energy consultant.
Suncor Energy Inc.’s two current growth projects, Fort Hills in northern Alberta and Hebron offshore Newfoundland, are inching toward the finish line, while efforts to shore up operational difficulties at the Syncrude mine continue.
TORC Oil & Gas Ltd. was the only company among TSX-listed oil producers outside of the oilsands sector to cut its combined operating and transportation costs per barrel of oil equivalent (boe) between Q2 2017 and Q2 2016, according to the latest CanOils data.
Net Energy Western Canada Select (WCS) averaged $37.80 a bbl in August, up from $37.41 a bbl in July, while the light-heavy differential widened by 20 cents to US$7.18 per bbl from $6.98 per bbl in July.
Furthering the growth of its midstream infrastructure, Secure Energy Services Inc. plans to develop a $75 million light oil feeder pipeline system and terminal in the Kindersley-Kerrobert region of southwest Saskatchewan.
Sayer Energy Advisors has been engaged to assist Grant Thornton Limited, in its capacity as court-appointed receiver (the “Receiver”) of Lexin Resources Ltd., 0989 Resource Partnership, 1051393 BC Ltd., LR Processing Ltd. and the LR Processing Partnership (collectively the “Lexin Group” or “Lexin”) with the sale of the oil and natural gas properties held by the Lexin Group (the “Properties”).
An open season for the Keystone System has been extended to Oct. 27, 2017, due to the historic flooding and catastrophic impacts to Houston and parts of the United States Gulf Coast, says TransCanada Corporation.
Emissions Reduction Alberta (ERA) and Alberta Innovates are hosting SPARK 2017 — November 6-8 — to support game-changing solutions to reduce greenhouse gas emissions and advance the bioindustrial sector.
Crude oil shippers on Kinder Morgan Canada Limited’s Trans Mountain pipeline system will be able to deliver 84 per cent of their nominated volumes overall in September for a 16 per cent overall apportionment.
Canadian international oil & gas companies (IOCs) have a wide-reaching impact with some 136 companies conducting business in over 36 countries on six continents, producing an estimated net one million barrels of oil equivalent per day. CGEF uniquely acts as both a point of contact and a place to develop and promote working relationships across the industry.
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