Headlines for Nov. 9, 2017

  1. Academics Discuss Canada’s Climate Change Response During UOttawa Debate

    Energy security becomes a vastly more important issue for Canada assuming carbon policies increase reliance on the electricity grid in accordance with reduced fossil fuel consumption and the emergence of such technologies as the electric car, heard a recent University of Ottawa panel discussion regarding the nation’s climate change response.

  2. Canadian Mainline At Full Capacity, Says TransCanada

    TransCanada Corporation’s Mainline out of Western Canada is operating at full capacity of 3.8 bcf/d of long-haul contracts with the new Long Term Fixed Price (LTFP) service which went into service Nov. 1, 2017, a senior executive said this morning.

  3. Raymond James Announces Manitok Assets For Sale

    Raymond James Ltd. has been engaged to assist Manitok Energy Inc. with the sale of all of its producing properties, undeveloped acreage and related assets. The properties are located in west central and southeastern Alberta.

  4. New Competitors In Gasoline And Fuel Import Areas For Pemex

    The end of the monopoly over all facets of Mexico’s oil and gas sector has led to a torrent of new competitors for Petroleos Mexicanos (Pemex) in the gasoline station and fuel import areas, according to new statistics from the country’s Energy Secretariat (Sener).

  5. Ottawa Will Not Intervene In NEB Burnaby Proceeding

    While the federal government fully supports the Trans Mountain pipeline expansion, it will not be participating in a National Energy Board (NEB) proceeding related to Trans Mountain ULC, says a spokesperson for Natural Resources Minister Jim Carr.

  6. Gear Production Rises In Q3

    Gear Energy Ltd. reported higher production in the third quarter, while the net loss was essentially flat for the period year-over-year.

  7. Recovery Appears To Be Gathering Steam: Essential

    The recovery in Canada’s oilfield service sector appears to be gathering steam, with Calgary-based Essential Energy Services Ltd., which offers the country’s largest coiled tubing fleet, along with fluid and nitrogen pumping and downhill tool rentals and sales, recording stronger than anticipated third quarter results.

  8. Point Loma Outlines Recent Land Acquisitions

    Point Loma Resources Ltd. has captured over 160,000 net acres across the multi-zone Mannville, Nordegg and Banff fairways of west-central Alberta, and announced some recent land acquisitions and an update of core area activities.

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