Precision Drilling Corporation’s executive management expects that 2022 will be much busier on the geothermal front, and that 2023 probably will be even busier.
April 29, 2022, 8:18 AM MDT
TC Energy Corporation is “uniquely positioned” to help build technology to scale that aids the energy transition — an example would be in the heavy-duty trucking sector, says François Poirier, president and chief executive officer.
April 29, 2022, 12:43 PM MDT
Precision Drilling Corporation began the process of implementing price increases more than a year ago, says president and chief executive officer Kevin Neveu, but customer resistance to these changes remains a challenge.
April 28, 2022, 4:40 PM MDT
Canadian Pacific Railway Limited is seeing a strong, supportive macroeconomic environment, says executive management, and the company expects to build positive momentum through the rest of the year — following a difficult first quarter.
April 28, 2022, 12 AM MDT
North American Construction Group Ltd. grappled with heavy-equipment technician shortages during the first quarter — workers required to maintain equipment. Along with issues of general workforce availability in January due to high case counts of the COVID-19 Omicron variant, the company experienced impacts to its quarterly results.
April 28, 2022, 9:30 AM MDT
TC Energy Corporation wants the Canada Energy Regulator (CER) to treat a recent submission of geospatial data as confidential, in part because disclosure risks compromising the safety and well-being of persons, property and the environment.
April 27, 2022, 8:23 AM MDT
So-called “complexity leadership” is not about telling other people what to do so much as it is about asking better questions, which is an important attribute for those who would lead the energy transition, says Julian Norris, faculty member in the Haskayne School of Business at the University of Calgary.
April 27, 2022, 1:01 PM MDT
The Alberta government is investing $50 million to launch a new Clean Hydrogen Centre of Excellence aimed at driving innovation in the production, deployment and use of hydrogen across the economy.
April 26, 2022, 3:50 PM MDT
Technology was a key differentiator for many oilfield service companies during last year’s fourth quarter, including for Ensign Energy Services Inc., as crews installed the Edge AutoPilot solution — encompassing emissions-reduction technology — on 40 drilling rigs within the firm’s high-spec ADR fleet.
April 22, 2022, 6:55 AM MDT
In an attempt to better understand and work with regulated parties to manage potential risks and ensure overall safety compliance, the Alberta Energy Regulator (AER) is requesting information from current as well as future cryptocurrency mining operations associated with AER-regulated sites.
April 21, 2022, 6:12 AM MDT
PrairieSky Royalty Ltd. achieved record quarterly royalty production revenue in Q1 2022 due to a combination of strong commodity pricing and royalty production growth.
April 19, 2022, 10:37 AM MDT
During its Q1 results conference call, PrairieSky Royalty Ltd. president and chief executive officer Andrew Phillips highlighted the partnership with Bison Low Carbon Ventures Inc., Enerflex Ltd. and IRC Enterprises Inc. on the Meadowbrook CCUS Hub Project that Alberta Energy selected as one of six successful applicants for carbon storage tenure in the Industrial Heartland.
April 19, 2022, 10:48 AM MDT
The Russia-Ukraine war will elevate worldwide public interest in social considerations around energy production, which bodes well for the Canadian industry given its environmental, social and governance (ESG) record, says Tisha Schuller, founder and chief executive officer at Adamantine Energy.
April 13, 2022, 12 AM MDT
Establishing a $15 billion Canada Growth Fund to attract private sector investment is positive in that this provides another source of funding directed at meeting national economic policy goals, says former cabinet minister Lisa Raitt, but the federal government likely also faces challenges with a public program of this nature.
April 13, 2022, 12 AM MDT
The Alberta Technology and Innovation Strategy aims to position the province as a technology and innovation hub, attracting talent, business and job-creating investments, both domestic and global, with the energy sector already off to a great start, says Doug Schweitzer, minister of Jobs, Economy and Innovation.
April 12, 2022, 2:27 PM MDT
Birchcliff Energy Ltd. will pay down its debt to zero during the current period of strong commodity prices, as the company aims to remove any necessity for credit and equity exposure, says top brass.
April 8, 2022, 2:12 PM MDT
Peyto Exploration & Development Corp. has always had a long-term strategy to smooth out future volatility and secure some cash flow prediction for planning purposes, says the top executive, which makes hedging essential.
April 8, 2022, 6 AM MDT
Canadian natural gas producers will be able to secure better returns for their product and generate significant ESG benefits by accessing international markets, says the chief executive of Birchcliff Energy Ltd.
April 7, 2022, 11:06 AM MDT
Replicating a deal similar to last year’s Seven Generations Energy Ltd. purchase would be “highly unlikely” in the current market environment, says Terry Anderson, president and chief executive officer, ARC Resources Ltd.
April 6, 2022, 8:42 AM MDT
ARC Resources Ltd.’s top executive says “regulatory certainty” is important, and the company is confident that an acceptable and timely solution will be reached in B.C. on the Blueberry River First Nations issue.
April 6, 2022, 8:11 AM MDT
Entropy Inc. is striving to be the world leader in post-combustion carbon capture and storage (CCS) development, capitalizing on leading Canadian research and development, and benefitting from a massive energy transition fund.
April 5, 2022, 12 AM MDT
Innovations must be creating something that will help solve an actual world problem, while also articulating value to the market, says Brian Schettler, partner, head of AEI HorizonX.
April 5, 2022, 12 AM MDT
Indigenous communities must always balance “protecting Mother Earth” with achieving economic development, says Stephen Buffalo, president and chief executive officer, Indian Resource Council (IRC).
April 5, 2022, 4:30 PM MDT
Never before COVID-19 had so many been forced to work from home, says Mark Thompson, professor emeritus of organizational behaviour and human resources at the University of British Columbia’s Sauder School of Business. And, by definition, never before are so many being brought back to the workplace as the pandemic de-escalates.
April 4, 2022, 12 AM MDT
The ongoing geopolitical crisis in Eastern Europe, and the current ostracization of Russia by the West, presents an opportunity for Canada to develop its Arctic energy resources and replace Russian liquefied natural gas (LNG) from the region with LNG produced and shipped from Canada’s North, says Ron Wallace, fellow with the Canadian Global Affairs Institute (CGAI).
April 1, 2022, 7:52 AM MDT