Three years after Alberta faced its worst recession in decades, as a result of plummeting oil and gas prices, a senior executive with a division of one of Canada’s largest construction companies says he’s concerned about an impending serious skilled labour shortage in the province.
An environment promoting innovation is needed in the oil and gas sector, but a “commoditization of engineering” has developed in recent years, meaning owners and clients switch providers on a rate basis that is eroding the long-term relationships between these firms and the producers in favour of a price focus, suggests Hans Verwijs.
The claim that putting more carbon dioxide in the atmosphere is harming the earth is a complete fraud, a co-founder of the environmental group Greenpeace told the Canadian Heavy Oil Association (CHOA) fall conference on Tuesday.
Imperial Oil Resources Limited ("Imperial") has initiated a process for the disposition of the Central foothills asset package consisting of operated and non- operated properties located in Alberta as further outlined below.
A National Energy Board (NEB) hearing will begin Oct. 23 in Fort Simpson, Northwest Territories on an application from Enbridge Inc. to replace a 2.5 kilometre segment of its Line 21, approximately 10 kilometres east of Fort Simpson.
The Paris-based International Energy Agency (IEA), in a report released today, says the world LNG market has developed a flexibility that will allow suppliers to better meet growing natural gas demand, as the fuel “is expected to play a key role in the transition to a cleaner and more flexible energy system.”
Preferred Proppants, LLC has entered into a definitive agreement for the sale of its Blair, Wisconsin facility and its Canadian assets to Source Energy Services Ltd. for US$80 million in cash, subject to closing and post-closing adjustments, and entering into a production payment agreement in respect of certain exploration rights in the Peace River Valley of Alberta.
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