The Federal Court of Appeal decision today quashing approval of the Trans Mountain expansion is an “unbelievably devastating” decision for what’s left of Canada’s reputation as a country that can actually develop major projects in the resource sector, according to Gary Leach, president and chief executive of the Explorers and Producers Association of Canada (EPAC).
August 30, 2018, 9:37 AM MDT
The Federal Court of Appeal has quashed the federal cabinet’s approval of the Trans Mountain pipeline expansion citing the National Energy Board’s (NEB) failure in its report to include project-related shipping as part of the project’s definition.
August 30, 2018, 8:47 AM MDT
Kinder Morgan Canada Limited approved the sale of the Trans Mountain pipeline system and the Trans Mountain expansion project (TMEP) to the Government of Canada at a special meeting of shareholders today in Calgary.
August 30, 2018, 11:21 AM MDT
The Below Lower Montney (BLM) zone has not been tested in Leucrotta Exploration Inc.’s area but the company believes it to be light oil bearing based on data collected drilling through it.
August 30, 2018, 2:29 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of August 30, 2018, as reported this morning by Rig Locator.
August 30, 2018, 11:40 AM MDT
The outlook for oilsands construction is nowhere near where it once was, with analysts expecting that growth spending will average just $3 billion per year for the next four years. Growth capital has been on a downward trend since peaking in 2014 at approximately $24 billion and is unlikely to ever spike that high again, according to Peters & Co.
August 30, 2018, 7:31 AM MDT
According to Josef Schachter, author of the Schachter Energy Report, Energy Bull Markets start from a period of lackluster action in the sector and then some key metric changes.
August 30, 2018, 6 AM MDT
August 30, 2018, 6 AM MDT
August 30, 2018, 10:14 AM MDT
Ensign Energy Services Inc. has formally made an offer to acquire all of the issued and outstanding common shares of Trinidad Drilling Ltd., which was first announced in mid-August.
August 30, 2018, 3:28 AM MDT
This 5-day comprehensive course is an introduction or refresher for the techniques of evaluating Canadian oil and gas properties, but the techniques used in this course also apply to oil and gas properties elsewhere in the world.
August 30, 2018, 7:52 AM MDT
The Petroleum Services Association of Canada (PSAC) is launching a new effort to improve Canadian’s understanding of the positive role energy plays in their communities and of the importance of Canadian energy from a global perspective.
August 30, 2018, 6 AM MDT
Journey Energy Inc. announced an agreement to develop its East Duvernay shale oil resource prospect with a strategic joint venture partner, Kiwetinohk Resources Corp.
August 30, 2018, 2:59 AM MDT
August 30, 2018, 3:14 AM MDT
Join PSAC on Thursday September 13th for two information sessions on Customs and Overseas Shipping. These sessions will provide attendees with essential knowledge on these areas along with best practices and available resources.
August 30, 2018, 6 AM MDT
August 30, 2018, 3:07 AM MDT
NuVista Energy Ltd. has closed the previously announced initiatives taken to partially finance the acquisition of the Cenovus Pipestone Partnership which holds the assets in the Pipestone area of northwest Alberta.
August 30, 2018, 7:43 AM MDT
Marquee Energy Ltd. signed a purchase and sale agreement on Aug. 29, 2018 to divest approximately 195 boe/d of non-core assets for gross proceeds of $6.6 million.
August 30, 2018, 8:16 AM MDT
Union Gas is holding an open season from Aug. 29, 2018 through Oct. 12, 2018 for firm capacity on its Dawn Parkway Transmission System.
August 30, 2018, 12 AM MDT
Strategic Oil & Gas Ltd. announced that a special committee of the board of directors of Strategic has been established to consider potential strategic alternatives available to the company.
August 30, 2018, 3:02 AM MDT
August 30, 2018, 8:23 AM MDT
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