Grande Prairie Regional College (GPRC) maintains a strong relationship with the local energy sector, says Chris Laue, providing training in many skilled trades vital to the region’s oilfield services — wielding, electrical, pipefitting, steamfitting, construction, et cetera. The college offers the bulk of these programs out of its campus in Fairview.
January 22, 2020, 10:09 AM MST
Why go abroad? As far as Jamie Somerville is concerned, for Canadian oil and gas companies, there is at least one obvious reason: Producers with international exposure tend to have better bottom lines than those who do not.
January 17, 2020, 7:38 AM MST
Fewer drilling rigs were registered with the Canadian Association of Oilwell Drilling Contractors (CAODC) by the end of December than at the beginning, with notable delistings in the final month of 2019.
January 8, 2020, 12 AM MST
The 2020 “main story” for oilfield services will be excess drilling and completions capacity across North America with a flat capital spending profile in Canada, according to an industry analyst.
January 2, 2020, 7:29 AM MST
There’s a sort of “second gold rush” in B.C. right now, according to Dave Nikolejsin, with LNG Canada’s FID encouraging many companies to see what gas resources they might have overlooked or what else might be found.
December 24, 2019, 7:15 AM MST
While the east and west coasts garner much attention in terms of developing LNG facilities to access international markets for Canada’s natural gas resources, Allan Fogwill highlights another opportunity — the North Coast.
December 17, 2019, 12 AM MST
Investors and companies in the U.K. are concerned with uncertainty caused by Brexit, says Shawn Tupper, and they are looking at business redirection as Britain leaves the European Union — an opportunity for Canadian LNG.
December 13, 2019, 8:08 AM MST
Canada’s LNG exports definitely should count towards the country’s emissions targets, says Associate Natural Gas Minister Dale Nally, and it is very important Canada is recognized for the work it does in reducing downstream emissions as negotiators at COP25 work to adopt rules and guidelines for implementing Article 6 of the Paris Agreement.
December 12, 2019, 12 AM MST
Canadian Natural Resources Limited is a meritocracy in which the organization selects and promotes people based on ability. Steve Laut, executive vice-chairman, emphasized that point during last week’s investor day event.
December 9, 2019, 10:01 AM MST
The payback on renewables currently is not very enticing, says Ryan Pereira, with it taking 10 to 20 years for investors to make back their money on wind turbines and solar panels in many regions of the world — a timeframe approaching the lifecycle for many of these renewable energy assets.
December 5, 2019, 12 AM MST
The world is changing, says Ryan Pereira, with natural gas and LNG starting to replace crude oil as the main negotiating tool on the global stage, and nations are adjusting accordingly to this emerging energy market.
December 4, 2019, 6 AM MST
LNG from Canada has some important operational-cost and carbon-intensity advantages over LNG from many other parts of the natural gas-producing world, including the simple fact that Canada is cold.
December 4, 2019, 6 AM MST
Trican Well Service Ltd. is rolling out new idle-reduction technology in early 2020 that should reduce emissions and fuel consumption on fracturing equipment, thus saving money for the company, says top brass.
December 3, 2019, 12 AM MST
Canada is “second to no one” in terms of its industry’s operational, safety or environmental standards, says Total Energy Services Inc. top brass, and politicians and business leaders should see rigs first-hand.
December 2, 2019, 9:01 AM MST
Reaching Canada’s emission targets requires more stringent climate policies than are currently being enforced, says Canada’s Ecofiscal Commission, with increased carbon pricing as the commission’s preferred method.
November 29, 2019, 7:51 AM MST
Don’t be late. That’s the biggest challenge for Canada’s bourgeoning LNG export industry to meet the demands of Asian and European markets in the transition to a low-emissions economy, says Maria van der Hoeven.
November 27, 2019, 10:24 AM MST
Roughly 10 per cent of lost time injuries in Alberta’s oil and gas sector actually relate to vehicle incidents, says Murray Elliott, which means safe driving practices are essential to ensuring the health and safety of oilfield workers and those impacted by industry activity.
November 26, 2019, 9:43 AM MST
Once a vibrant LNG export industry takes hold on B.C.’s West Coast, it will bring more activity throughout the natural gas-producing fields around Grande Prairie, which will in turn drive increased demand for frac and rig crews to produce the hydrocarbons that feed those liquefaction plants.
November 25, 2019, 10:11 AM MST
Artificial intelligence’s “ugly truth” is that despite all the surrounding hype, it doesn’t actually exist — not now, anyway. Therefore, according to Joanne Pires, energy sector technology and digitization is still people dependant.
November 25, 2019, 12 AM MST
Assuming liability for a producer’s old oil and gas wells — as did Skye Asset Retirement Inc. on Tuesday for an undisclosed Calgary-based company’s package of Saskatchewan wells — might be a new idea, says Ryan Smith, but it is also an idea that helps solve an industry issue, representing a model that could apply across Canada’s energy sector.
November 21, 2019, 11:23 AM MST
In response to Canadian National Railway Company workers going on strike today, the Canadian Association of Petroleum Producers (CAPP) says it will monitor “such developments carefully to assess their potential impacts on Canada’s global competitiveness,” according to Ben Brunnen.
November 19, 2019, 10:56 AM MST
Shawcor Ltd. saw little improvement in the western Canadian market during the third quarter, with continuing depressed demand for the company’s products and services for that region.
November 18, 2019, 10:35 AM MST
Commodity prices could be significantly higher in the second half of 2020 compared to now, says Josef Schachter, with WTI exceeding US$70/bbl and potentially even higher prices going into the future.
November 15, 2019, 12 AM MST
CES Energy Solutions Corp.’s third quarter results demonstrate how significant exposure to steady production chemical end-markets (particularly in the U.S.) allows for higher volume sales across a prudent cost structure, says management, thus generating significant free cash flow through a recurring revenue stream.
November 15, 2019, 11:44 AM MST
Unless there are sustained, long-term growth projections in the Western Canadian Sedimentary Basin, which unfortunately Mark Scholz does not see currently, he says it would be difficult for the many drilling rigs already relocated to the U.S. market to ever return to Canada, even if the domestic situation improves.
November 14, 2019, 10:03 AM MST