The National Energy Board (NEB) has reserved its decision on a notice of motion and constitutional question from Trans Mountain Pipeline ULC that if approved would enable construction to start on the Burnaby and Westridge marine terminals as part of its expansion project.
Suncor Energy Inc. is planning to add enough cogeneration capacity to fuel approximately seven per cent of Alberta’s current electricity demand at its oilsands base plant in a move that could help the industry keep growing under the province’s oilsands emissions cap.
At the end of 2014, when Saudi Arabia was assessing its loss of market share worldwide, the tally showed a loss of close to 500,000 barrels a day from the U.S. market, mainly on the back of competition from Canada. At the time, the increase in coking refining capacity in the U.S. Midwest strongly favoured Canadian heavy crude while U.S. crude imports, mainly to the U.S. Gulf Coast, from the Organization of the Petroleum Exporting Countries (OPEC) had been slashed in half since oil’s price peak in 2008.
The Canadian natural resources industry is undergoing enormous change. Volatile energy prices — the reality of US 55 per barrel — reduced production reliability, uncertain market access, the government’s climate change agenda, tightening environmental policy, safety, and compliance concerns along with increasing social drivers, such as social license to operate, all have resulted in industry upheaval.
Hosted by The Explorers and Producers Association of Canada in partnership with JWN, the EPAC Awards recognize and celebrate the leading exploration and production companies in Canada’s oil and gas industry.
Kinder Morgan Canada Limited expects to invest $1.9 billion in 2018 on expansion projects and other discretionary spending, of which $1.8 billion is associated with the Trans Mountain expansion project and the balance is associated with the Base Line Terminal.
Crude oil nominations for Kinder Morgan Canada Limited’s Trans Mountain Pipeline system are oversubscribed by 23 per cent for the total system for December with shippers able to deliver 77 per cent of nominated volumes.
PSAC, in conjunction with the University of Alberta and Alberta Economic Development, will be holding a multi-level training program, Entering Other O&G Services Markets: Readiness Training 1 and 2, on December 13th and 14th in Calgary, AB.
Divestco is proud to announce the launch of an exciting new Data Management module for GeoCarta, our powerful GIS based mapping software that lets project teams explore, analyze, filter, map and extract public and proprietary data.
A pre-construction audit of Enbridge Pipelines Inc. showed the company has a plan in place to manage safety and environmental protection during construction of its Line 3 replacement project, says the National Energy Board (NEB).
Jacobs Engineering Group Inc. has been awarded a contract by Canada Kuwait Petrochemical Corporation (CKPC) to provide front-end engineering design (FEED) services for a proposed greenfield, integrated propane dehydrogenation and polypropylene facility located in Sturgeon County.
Renaissance Oil Corp. has completed its non-brokered private placement of four million units with certain members of its technical team, at a price of 25 cents per unit for aggregate gross proceeds of $1 million.
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