TC Energy Corporation is decarbonizing its assets by leveraging the size and scope of the company’s energy network, says executive management, including from the liquids pipeline system.
December 2, 2021, 8:48 AM MST
TC Energy Corporation is not reliant on mergers and acquisitions to deliver on a stated minimum five-per-cent growth rate, which François Poirier, president and chief executive officer, says the company can achieve organically.
December 2, 2021, 12 AM MST
The Petroleum Services Association of Canada (PSAC) recently lifted its 2021 forecast to a yearly total of 4,650 wells drilled, based on improved activity in the second half of the year.
December 1, 2021, 9:35 AM MST
There was a time when carbon dioxide was worth more than US$100 per tonne, says John Isley, director of process technology at Fluor Canada Ltd. In fact, his company used to design and build carbon capture plants to produce CO2 for products such as soft drinks and alcoholic beverages.
December 1, 2021, 12 AM MST
CWC Energy Services Corp. wants to be an environmental, social and governance (ESG) leader, while utilizing its crews and equipment for alternative-type prospects such as helium, says Duncan Au, president and chief executive officer — and the company is doing just that.
November 30, 2021, 12 AM MST
Friday’s decision by the Commission of the Canada Energy Regulator (CER) to turn down Enbridge Inc.’s Canadian Mainline contracting proposal reconfirms the CER is technically competent, looking out for Canadians’ best interests, says Explorers and Producers Association of Canada (EPAC) president Tristan Goodman.
November 29, 2021, 9:56 AM MST
Canadian Association of Energy Contractors (CAOEC) member companies will be critical to Canada reaching its net-zero targets by 2050, says Mark Scholz, president and chief executive officer, considering these firms will drill hydrogen feedstock, the holes for CCUS, while also drilling for things like geothermal, lithium and helium.
November 24, 2021, 12 AM MST
The Canadian energy sector requires policy certainty, as well as more regulatory “carrots” such as a carbon capture utilization and storage (CCUS) tax credit, for the industry to thrive to the benefit of both the oil and gas companies and the federal government, says Explorers and Producers Association of Canada (EPAC) president Tristan Goodman.
November 24, 2021, 1:21 PM MST
Whether crews take a Christmas break is really dictated by conversations between the drilling and well-servicing contractors with their customers, says Mark Scholz, president and chief executive officer, Canadian Association of Energy Contractors (CAOEC).
November 24, 2021, 7:56 AM MST
For seven years, Canadian Association of Energy Contractors (CAOEC) member companies have been waiting for the sort of strength in energy-sector fundamentals demonstrated in Tuesday morning’s Q4 2021 and 2022 drilling forecast, says Mark Scholz, president and chief executive officer.
November 23, 2021, 2:53 PM MST
Is there public support for applying genomics-enhanced wetland treatment systems to remediate processed water from the oilsands? Academics aim to answer that question as part of a nationwide study regarding the social sciences aspects of overall genomics research, exploring legal, social and economic gaps in knowledge and practices.
November 23, 2021, 6 AM MST
The Saskatchewan government has announced an action plan that aims to see the province become a major global helium supplier by the end of this decade, supported by increased helium drilling and key liquefaction infrastructure.
November 15, 2021, 11:13 AM MST
CES Energy Solutions Corp. realized improvements throughout its business lines during the third quarter amid strengthening industry conditions, notes management, including in Canada where the firm benefitted from increased drilling and completions activity, higher production volumes, and frack-related chemical sales.
November 12, 2021, 11:19 AM MST
CES Energy Solutions Corp. recognized early on in the first quarter of 2021 the looming supply-chain crisis, enabling the service company to develop strategies that minimize shortages and high costs for key raw materials, says management. Those early efforts are continuing to pay off for CES and its customers.
November 12, 2021, 2:24 PM MST
Pipestone Energy Corp. generated record revenue for Q3 2021 due to continued production growth, combined with improving commodity prices during the quarter, and the company is increasing its full-year capital budget.
November 10, 2021, 10:49 AM MST
Tidewater Midstream and Infrastructure Ltd. is experiencing strong fourth quarter results, thanks to improved producer activity, increased volumes and refined product demand, as the company also reported strong results for Q3 2021 — the quarter in which the company spun out its new subsidiary, Tidewater Renewables Ltd.
November 10, 2021, 3:12 PM MST
Transporting hydrogen at scale via pipelines offers an economic solution to the innate challenges associated with this would-be energy carrier, according to a recent Transition Accelerator webinar.
November 9, 2021, 6 AM MST
Total Energy Services Inc. has increased its 2021 capital expenditure budget to $33.2 million (up by $6.5 million) in response to increasing demand for drilling rigs and compression rental equipment.
November 9, 2021, 10:34 AM MST
Total Energy Services Inc. is seeing inflationary pressures across all its business segments, says the company’s president and CEO, as he expects Canada’s energy sector will show its “true capacity” in terms of equipment and personnel this winter season.
November 9, 2021, 3:14 PM MST
In the event that hydrogen becomes a much larger component of the overall energy mix, can the current pipeline network and infrastructure set up for natural gas accommodate higher concentrations of the periodic table’s lightest element? The answer: It depends, says Joe Cargnelli, chief technology officer at Hydrogenics Corporation.
November 8, 2021, 9:07 AM MST
Enerflex Ltd. reported $191 million in total bookings for Q3 2021, which is up from $23 million during the same 2020 period, says management, demonstrating an improving backdrop for the company’s engineered systems business.
November 8, 2021, 7:19 AM MST
During this year’s third quarter, Enerflex Ltd. continued working towards energy decarbonization by adding electric compression to its U.S. rental fleet, receiving orders for non-fossil fuel based engineered systems, and completing its first flare-to-power project in Latin America.
November 8, 2021, 7:20 AM MST
Ensign Energy Services Inc. is pushing its Canadian clients to keep drilling programs running through Christmas this year, as the company expects to be operating around 50 rigs by year-end 2021, peaking at 60 in the new year, and management wants to hang onto its crews through this period of increasing activity.
November 8, 2021, 3:51 PM MST
Ensign Energy Services Inc.’s firm stance on COVID-19 protocol of requiring proof of vaccination or on-site rapid testing has provided worker protection at rig sites, says management, and has resulted in virtually no shutdowns.
November 8, 2021, 4 PM MST
TC Energy Corporation modified its near-term dividend growth outlook in order to “judiciously fund” its suite of growth opportunities, maintain a strong financial position, and enhance its conservative, utility-like dividend payout ratios, says François Poirier, president and chief executive officer.
November 5, 2021, 1:42 PM MDT
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