Kananaskis — Canada’s petrochemical industry should look to Alberta’s oil and gas sector, specifically the oilsands, as a bit of a cautionary tale as to the importance of maintaining control over one’s brand.
June 7, 2017, 11:09 AM MDT
Kananaskis — Government must create an environment where companies believe investment is wanted and welcome, which has not been the case thus far with respect to LNG — an export opportunity that does not just represent a potential boon for Western Canada energy producers, but for Western Canada’s petrochemical industry that depends on natural gas exports to enable its feedstock.
June 6, 2017, 7:48 AM MDT
Managing stakeholder concerns may be the main hurdle for the usage of enhanced solvent injection for in situ oilsands recovery, as something industry would consider as ‘low risk’ can be seen as ‘high risk’ for people living near operations, says an Alberta Energy Regulator (AER) representative.
June 1, 2017, 6 AM MDT
Cequence Energy Ltd. is a rather different company than it was 16 months ago, having restructured to become a leaner and more operational-focused organization in response to the industry downturn.
May 30, 2017, 9:15 AM MDT
Canada’s energy sector is concerned about the environmental impacts associated with using too much energy, which is why more Canadian energy, not less, is exactly what the world energy diet needs to stave off climate change.
May 29, 2017, 6 AM MDT
Predictions simply are not accurate when it comes to understanding the energy industry, which is why companies need strong management teams that can effectively react and adjust to changes in the market, says Jeffrey Harris.
May 23, 2017, 6 AM MDT
The best strategy for Canadian oil and gas producers, considering all that is out of their direct control, is to focus on controllable issues such as driving down costs to remain competitive — notably through technology and innovation, suggested speakers at the launch of PricewaterhouseCoopers LLP’s latest energy report.
May 19, 2017, 6:52 AM MDT
As industry activity picks up, Aveda Transportation and Energy Services Inc. is not having trouble finding people to hire so much as it is finding it hard to find “the right people,” says top brass.
May 18, 2017, 6 AM MDT
Surge Energy Inc. management obviously sees volatility in commodity prices over the upcoming months, but that volatility comes out of a forward curve and a market that is healing, creating more certainty.
May 17, 2017, 10:35 AM MDT
The scaled physical model rig for SAGD is the “workhorse” in Brij Maini’s laboratory at the Schulich School of Engineering — a workhorse to test solvents and additives under various conditions and proportions with the singular aim of extracting bitumen in a more efficient, economic and environmentally-friendly manner.
May 16, 2017, 8:30 AM MDT
Painted Pony Petroleum Ltd. will hence forth by known as ‘Painted Pony Energy Ltd.'
May 12, 2017, 10:30 AM MDT
Trinidad Drilling Ltd. is developing what it calls the ‘intelligent rig information system’ (IRIS) — a system that will connect the in-house control system to the electronic daily recorder and downhole tools.
May 11, 2017, 8:32 AM MDT
Trinidad Drilling Ltd. is responding quickly to customer demand and increasing activity levels, as the company reactivated rigs in both Canada and the U.S. in Q1, as well as began an upgrade program on existing equipment to meet ongoing demand, particularly for its American operations.
May 10, 2017, 10:11 AM MDT
Recent consolidations in the oilsands are actually part of what helps inform Gibson Energy Inc.’s confidence in continued growth for the Western Canadian Sedimentary Basin and the need for infrastructure services.
May 10, 2017, 6 AM MDT
Gibson Energy Inc. continued to deploy capital into infrastructure in the first quarter, increasing volumes at its Hardisty and Edmonton terminals.
May 9, 2017, 9:29 AM MDT
Pembina Pipeline Corporation may be diversifying into the United States via its recently-announced combination with Veresen Inc., but it is a safe entry whereby the company mostly will serve its Canadian customer base as it gains exposure to the market south of the 49th Parallel, says top brass.
May 8, 2017, 9:22 AM MDT
Market access is key to the continued success of Seven Generations Energy Ltd., as it has been a central concern for the company since “day one,” says top brass, which is why management grabbed 500 mmcf per day capacity on the Alliance Pipeline system long before 7G had the production to match that commitment.
May 5, 2017, 6:40 AM MDT
Pembina Pipeline Corporation has thus far met only positive feedback from major customers in regards to the newly-announced combination with Veresen Inc., which diversifies Pembina beyond the Peace Pipeline.
May 5, 2017, 10:12 AM MDT
Seven Generations Energy Ltd.’s higher-intensity completions may increase costs, but by putting away more sand per well it improves production rates and equates to better economic returns in a market of increasing service costs.
May 4, 2017, 11:20 AM MDT
Mullen Group Ltd. continues to plan for the future and make what it sees as purchases to capitalize on areas of market growth. However, says top brass, the era of $100 per bbl crude is over, which has significant ramifications for the province and people of Alberta, for oil companies, and for Mullen Group.
May 4, 2017, 8 AM MDT
There really is not enough natural gas supply in the U.S. system currently to refill storage to an adequate level and still feed growth in gas-fired power generation over the next few months, says commodity analyst Martin King.
May 3, 2017, 6 AM MDT
With the rate of increased crude supplies coming from the Permian, one might think the United States will “drown the world in oil,” according to commodity analyst Martin King, but the “Law of Diminishing Returns” suggests a limit to potential growth, leaving room for other energy-producing regions such as Canada to satiate global demand.
May 2, 2017, 11:35 AM MDT
Whitecap Resources Inc. does not need crude prices to return to $85 or $90 per bbl, as a stable price between $50 and $60 per bbl would support the business long-term — particularly if the Canadian dollar stays low.
May 1, 2017, 9:19 AM MDT
While the Petroleum Services Association of Canada (PSAC) anticipates 2,505 more wells drilled across the country this year than in its initial forecast, the oilfield service sector is still suffering from the impacts of a long industry downturn, says Mark Salkeld, notably with the rates producers will pay for services.
April 28, 2017, 8:19 AM MDT
Xtreme Drilling Corp. had a transitional year in 2016, but the company is now clearly focused on being a tier-1, U.S.-driven contractor, relying on a legacy of technological innovation, says top brass.
April 27, 2017, 9:29 AM MDT