Saskatchewan may be aggressively opposing the federal government on the notion of a carbon tax, says Laurie Pushor, but the province and its energy sector are still taking action on climate change.
September 14, 2017, 12 AM MDT
Basically adding reserves for around $3 per bbl is the ultimate goal of Spartan Energy Corp.’s waterflooding aspirations in Saskatchewan.
September 14, 2017, 3:46 AM MDT
Early on in the industry downturn, many in the oil and gas business were optimistic things would turn around, says Richard Maloney, and many did not really anticipate just how hard things would slide.
September 13, 2017, 6 AM MDT
Assuming it works as researchers at the University of Calgary have demonstrated in the laboratory, Ian Gates’s self-sealing bitumen balls represent a potential breakthrough for Alberta’s energy sector as it struggles to get product to market and compete for investment dollars.
September 8, 2017, 12 AM MDT
Alberta oilsands producers need to take action sooner rather than later to minimize the potential for shut-in production before new global limits on the sulphur content of ship fuel take effect in 2020, says a veteran energy consultant.
September 6, 2017, 11:25 AM MDT
Any revisions to Alberta’s health and safety legislation should avoid prescribing specific technologies, a major oil and gas industry safety advocacy organization is advising the government.
September 5, 2017, 9:23 AM MDT
The Pan-Canadian Framework (PCF) on Clean Growth and Climate Change may symbolize the emergence of a new, collaborative climate policy era in Canada, meaning the equivalency instrument takes on increasing significance requiring greater elaboration and public scrutiny, says the co-author of a newly-released report.
September 1, 2017, 7:59 AM MDT
In a move that may dishearten industry as it emboldens environmentalists, the National Energy Board (NEB) plans to consider upstream and downstream greenhouse gas (GHG) emissions when deciding whether the Energy East and Eastern Mainline projects are in the public interest.
August 24, 2017, 11:30 AM MDT
Canada must act sooner than later if it wants to capitalize on India’s growing energy demands before that economic potential is lost to other producers, suggests industry advocate Tim McMillan.
August 22, 2017, 12 AM MDT
For regulator Mark Taylor the main challenge in developing methane regulations for the upstream oil and gas sector is that while policies, statements and outcomes can be clear and concise, baseline emissions are largely estimates.
August 18, 2017, 10:42 AM MDT
Pengrowth Energy Corporation has closed $827 million of asset sales so far in 2017, which has not only reduced debt but also helped the company reach an agreement in principle on the key elements of an amendment to covenants.
August 15, 2017, 8:46 AM MDT
Trican Well Services Ltd. faces two primary challenges in the back half of 2017 regarding its integration with Canyon Services Group Inc. — personnel optimization and minimizing cost inflation.
August 11, 2017, 11:58 AM MDT
Freehold Royalties Ltd. is looking for acquisition opportunities on a number of royalty products as the company achieved record royalty production and solid financial results in Q2 2017, making it the fourth consecutive quarter the firm has increased royalty production on a per-share basis.
August 11, 2017, 12 AM MDT
The available oil and gas labour force may be shrinking as some unemployed are no longer targeting that sector for work, which could be of concern to industry assuming activity picks up in the back half of 2017, says PetroLMI.
August 10, 2017, 7:40 AM MDT
Strad Energy Services Ltd. attributes increased demand for its services in Q2 2017 to higher average rig counts of 298 in the quarter, compared to 158 during the same period last year.
August 10, 2017, 9:20 AM MDT
Cheniere Energy Inc. is boosting liquefied natural gas cargo exports from its facilities at the same time the Houston-based company is witnessing potentially competing North American projects failing to enter the market, most recently with PETRONAS aborting its Pacific NorthWest LNG venture at Port Edward (DOB, July 27, 2017).
August 8, 2017, 11:27 AM MDT
Pure Technologies Ltd. expects to invest an additional $1.5 million in tracking equipment this year for its oil and gas segment (PureHM), with even more capital expenditures anticipated over time to generate additional opportunities in that flourishing business.
August 8, 2017, 12 AM MDT
Source Energy Services Ltd. substantially increased its sand volumes during Q2 2017 — the quarter in which the company priced its initial public offering.
August 4, 2017, 8:49 AM MDT
Seven Generations Energy Ltd. drilled 32 wells, completed 33 wells and brought 23 wells online in the second quarter of 2017, as it reversed a net loss and increased production for the three months ended June 30, 2017.
August 3, 2017, 11:15 AM MDT
Non-oilsands drilling activity in Western Canada has increased significantly for the first half of 2017, says an industry analyst, with more than twice as many wells spudded in the six-month period when compared to the same timeframe one year prior.
August 2, 2017, 6 AM MDT
Tuesday’s agreement securing a long-term Japanese customer for the Ridley Island propane export terminal was a welcomed “step in the right direction” for the Canadian energy sector, giving hope that other West Coast export projects could follow, says one industry representative.
August 2, 2017, 12 AM MDT
“Skill and luck” are the reasons why Pembina Pipeline Corporation has largely invested in growth areas such as the Montney and Duvernay, and why the company is currently less invested in the oilsands, says top brass.
August 2, 2017, 11:06 AM MDT
Crescent Point Energy Corp. is boosting its 2017 production guidance after achieving second quarter average production of 175,615 boe per day, which is five per cent more than in Q2 2016, while completing two Unita Basin acquisitions for US$72.5 million, as well as selling $93.2 million of non-operated conventional assets in Manitoba.
July 27, 2017, 11:30 AM MDT
Canadian National Railway Company attributes its improved Q2 2017 results to higher volumes across several sectors, including crude oil and most notably with frac sand.
July 26, 2017, 8:42 AM MDT
PrairieSky Royalty Ltd. generated a record quarterly lease bonus consideration of $29.5 million in the second quarter on its fee lands as the company entered into 37 leasing arrangements with 34 different producers during the three months ended June 30, 2017.
July 25, 2017, 8:32 AM MDT