For the first time last year, Alberta produced an average of three million bbls/d of raw bitumen, says the Alberta Energy Regulator in a new report, ST98 Alberta Energy Outlook.
June 10, 2019, 9:45 AM MDT
In response to low prices and higher capital costs for new wells, nearly one-third fewer natural gas wells were placed on production in Alberta last year while marketable production fell by 1.4 per cent, says a new Alberta Energy Regulator report.
June 10, 2019, 10:50 AM MDT
Alberta has 164 billion bbls of remaining established reserves of bitumen after cumulative production of 13.3 billion bbls, says the Alberta Energy Regulator in its latest report ST98: Alberta Energy Outlook.
June 10, 2019, 11:04 AM MDT
An Alberta-based Indigenous-led group says that while it needs more information, it is interested in acquiring anywhere from 50 per cent to 100 per cent of the Trans Mountain pipeline when the federal government decides to sell it.
June 7, 2019, 7:15 AM MDT
Tourmaline Oil Corp. is continuing to work at growing third party revenue and revenue from midstream operations will become a significant and growing business, shareholders heard Wednesday.
June 6, 2019, 12 AM MDT
The Alberta Energy Regulator (AER) in March suspended a recruitment campaign for a new chief executive officer and extended the contract of Gordon Lambert, the interim president and CEO, until later in 2019, says an AER spokesperson.
June 5, 2019, 6 AM MDT
Enbridge Inc. is conducting a detailed analysis of a Minnesota Court of Appeal decision that the final environmental impact statement (FEIS) for the Line 3 replacement project was inadequate, a company spokesperson said Monday.
June 4, 2019, 6 AM MDT
The Alberta government is concerned about the future of natural gas and wants to facilitate greater market access for LNG, Premier Jason Kenney said Friday.
June 3, 2019, 6 AM MDT
Having a say in the construction of the proposed Trans Mountain pipeline expansion is a major motivating factor for Indigenous communities participating in a coalition seeking to acquire a majority interest in the company, says a group spokesman.
May 31, 2019, 7:37 AM MDT
The British Columbia Court of Appeal says the province cannot restrict oil shipments through its borders, in a decision that marks a win for the future of the Trans Mountain pipeline expansion.
May 24, 2019, 10:37 AM MDT
The Alberta Energy Regulator (AER) has given Highvale Operating Corp. until May 30, 2019 to submit a plan for the conservation and reclamation of nine wells and a facility in which it has a 100 per cent interest in the licence.
May 23, 2019, 9:46 AM MDT
A bill to be introduced in the spring session of the Alberta Legislature will provide certainty to producers that the royalty structure in place when a well is drilled remains in place for the life of the well, the newly-elected United Conservative Party (UCP), said on Wednesday.
May 22, 2019, 7:08 PM MDT
Trans Mountain Pipeline ULC is proposing a surcharge to its tariff to recover a portion of the $35 million cost of upgrades to optimize pipeline capacity in the short term.
May 22, 2019, 7:26 PM MDT
Alberta’s newly-elected United Conservative Party (UCP) will kick off an ambitious spring legislative agenda with a bill repealing the former Notley government’s carbon tax, House Leader Jason Nixon said Tuesday.
May 22, 2019, 12 AM MDT
A 10-member consortium of mainly Montney producers is in “full on” negotiations with a number of partners working on a way to export their natural gas as LNG but there are still “tons” of moving parts, says a member of the group.
May 17, 2019, 12 AM MDT
Enbridge Inc. cannot yet say when the entire Westcoast Energy Inc. T-South Mainline will be returned to full operating pressure following a pipeline rupture and fire last year on the 36-inch loop north of Prince George, British Columbia.
May 17, 2019, 11:44 AM MDT
As improving horizontal wells and a flattening decline rate reduce the need for maintenance capital, Montney producer Storm Resources Ltd. is investing the free cash flow into growth at Nig and Fireweed in northeast British Columbia.
May 16, 2019, 6 AM MDT
LNG exports off the West Coast of Canada are likely to consist of liquids-rich gas if domestic prices remain low, a Canadian NGLs and petrochemical feedstock conference heard Tuesday.
May 15, 2019, 6 AM MDT
Tidewater Midstream and Infrastructure Ltd. has made a significant step forward in its fee-for-service gas storage business at Pipestone as the gas storage is now fully contracted with connections to two major export pipelines, company shareholders heard Tuesday.
May 15, 2019, 10:40 AM MDT
As an Inuit from the eastern part of Labrador and Quebec, Trent Fequet has worked in the diamond mines and other industries all across Northern Canada.
May 14, 2019, 12 AM MDT
A $30 million investment in 2018 in a waterflood at Tamarack Valley Energy Ltd.’s Viking light oil play at Veteran in central Alberta should pay dividends next year, shareholders heard Monday.
May 14, 2019, 6 AM MDT
Enbridge Inc. plans to launch a binding open season in mid-July to secure firm transportation agreements on its Liquids Mainline system upon expiry of the Competitive Toll Settlement (CTS) agreement in June 2021.
May 10, 2019, 11:30 AM MDT
Throughout on the Canadian Mainline was a record 2.717 million bbls/d in the first quarter of 2019, up from 2.625 million bbls/d in the first quarter of 2018, due largely to strong supply and continued optimization of the system which is expected to remain full this year, the company said today.
May 10, 2019, 11:38 AM MDT
Liquids-weighted intermediate Athabasca Oil Corporation is well positioned to benefit from strong global fundamentals for heavy oil, shareholders heard Thursday.
May 10, 2019, 12 AM MDT
The chief executive of Canada’s largest oil pipeline company says it’s time for Canadians to demonstrate that their country can advance its economic interests while respecting the environment and Indigenous rights.
May 9, 2019, 4:13 AM MDT
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