Cenovus Energy Inc. may be taking steam up to Narrows Lake (which has pads roughly 17-18 kilometres from the company’s central processing facilities) as an economic means to accessing some of the resource, but future solvent use certainly is not off the table for the asset either, says executive management.
December 9, 2021, 3:39 PM MST
Days after the deal closed, safety arose as an important challenge for Cenovus Energy Inc. from the combination with Husky Energy Inc., says Alex Pourbaix, president and chief executive officer.
December 9, 2021, 6:15 AM MST
Cenovus Energy Inc. still maintains full decommissioning of the West White Rose project as the base assumption in the company’s five-year plan, says Jon McKenzie, executive vice-president and chief operating officer.
December 9, 2021, 1:35 PM MST
Part of Cenovus Energy Inc.’s acquisition deal with Husky Energy Inc. included the latter’s downstream assets in Lloydminster — the Husky Oil Refinery on the Alberta side of the border city, and the Husky Energy Upgrader on the Saskatchewan side.
December 9, 2021, 1:46 PM MST
Avatar Innovations Inc. has opened registrations for the next iteration of its ground-breaking Avatar Program, taking participants through a three-stage process — Avatar Ignite, Avatar Accelerator and Avatar Ventures — in a process that encompasses an entrepreneurial curriculum, an energy technology accelerator and access to capital.
December 9, 2021, 8:11 AM MST
As the 23rd World Petroleum Congress in Houston comes to an end this week, Alberta Energy Minister Sonya Savage (who is attending the event) is already looking forward to the next one, which will be in Calgary in 2023.
December 8, 2021, 2:51 PM MST
Enbridge Inc. theoretically could appeal the recent Canada Energy Regulator (CER) Mainline decision, says Al Monaco, president and chief executive officer, but the company’s overall judgement is to accept the CER decision, moving ahead with one of two options — a competitive tolling settlement (CTS) or a cost-of-service.
December 7, 2021, 9:59 AM MST
Enbridge Inc. currently has 10-15 hydrogen projects it expects to develop, and the company sees strong growth as hydrogen infrastructure, including hubs, builds out and ties into the existing rate base, says executive management.
December 7, 2021, 2:47 PM MST
What cultural challenges are impacting energy companies in their responses to the energy transition, and what are possible solutions? Young professionals recently offered some possible answers to these questions following an eight-week virtual program aimed at creating culture and inclusion solutions in the energy industry.
December 7, 2021, 7:21 AM MST
While current supply-chain challenges facing oilfield services and the broader energy sector are concerning, Sumit Vakil, chief product officer and board member, Resilinc Corporation, says they certainly are not surprising.
December 6, 2021, 9:32 AM MST
The latest “energy shock” is a reminder that energy security must be part of any discussions regarding the response to climate change, says Jeff Kucharski, adjunct professor at Royal Roads University.
December 6, 2021, 10:29 AM MST
Oilfield service costs will be of interest across the energy sector as companies prepare for what should be a fairly busy first quarter in 2022.
December 3, 2021, 6:42 AM MST
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