Shippers on the TransCanada PipeLines Limited Mainline as of the new year will see 2018-2020 interim toll reductions of between two and 13 per cent from current 2015-2017 tolls, depending on the type of haul.
People around these parts don't much like those who say peak oil demand is inevitable. Can’t say that I blame them. The theory ain’t good for business in the short term — although taking the appropriate actions now, assuming it is correct, could keep them from driving off a proverbial cliff in the more distant future. Funny thing, many of the people trying to debunk peak oil demand are the same ones who sold Peak Oil — on the supply side — like snake oil last decade. It's like these people just tell you folk what you want to hear, not what you need to hear.
Jim co-founded FirstEnergy Capital, one of Canada's leading energy investment banking firms, 24 years ago, and in 2016 lead the combination of GMP Securities with FirstEnergy Capital to create the largest independent investment bank in the Canadian energy sector where he today is the Deputy Chairman.
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.
An Alberta government draft plan to help the recovery of woodland caribou populations across the province includes commitments to stringent requirements for new oil and gas approvals and seismic exploration programs as well as working with industry to reschedule development.
Point Loma Resources Ltd., which has captured over 160,000 net acres across the multi-zone Mannville, Nordegg and Banff fairways of west central Alberta, outlined planned activities for the first half of 2018, which includes a two-well drilling program.
Paramount Resources Ltd.’s board has approved a normal course issuer bid (NCIB) and a notice of intention to make a normal course issuer bid has been filed with, and accepted by, the Toronto Stock Exchange.
Canadian oil and gas producers escaped a provision in the new tax reform bill President Donald Trump is expected to sign into law before Christmas that would have represented a significant blow to them, according to two Washington-based journalists.
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