Jim Bentein

  • Sturgeon Refinery Close To Capacity

    The delayed $10-billion Sturgeon refinery is operating close to capacity, processing about 70 per cent of the bitumen it was designed for, almost three years after its original in-service date.

    May 21, 2020, 9:49 AM MDT

  • Enerplus Ekes Out Profit In Q1

    Enerplus Corporation, which is focused on North Dakota and Marcellus oil and gas production, managed to do something few producers have pulled off in the first quarter of 2020 — it eked out a profit.

    May 8, 2020, 9:57 AM MDT

  • Renaissance Earnings Tied To Pemex, Revenue Down In 2019

    The good news for Calgary-based Renaissance Oil Corp., which operates exclusively in Mexico, is that it’s receiving far higher prices for its oil and natural gas production in the country than it would if it was operating in Canada or the U.S.

    May 6, 2020, 9:55 AM MDT

  • Western Energy Reduces Salaried Workforce By 42%

    It was a short and not very sweet annual meeting Tuesday for Calgary-based Wesern Energy Services Corp., held in a virtual formal, given the COVID-19 requirements limiting large gatherings.

    April 29, 2020, 7:07 AM MDT

  • Alberta Service Company Diversifying Beyond Oilfield

    As a native Texan, Bryce Bernhard is used to weathering a few storms, but the storm that has hit Alberta’s oil industry-reliant economy in the last four or five years may not have been quite what he expected when he moved from that state to the province in 2010.

    April 29, 2020, 7:54 AM MDT

  • More Industry Goodwill During COVID-19-Related Downturn

    Brad Peterson readily acknowledges that among the gloom and doom gripping the Canadian energy industry, he’s one of the fortunate ones — and he intends to keep on sharing his good fortune.

    April 28, 2020, 12 AM MDT

  • How Are Private Operators Navigating The Downturn?

    There’s something comforting about heading a privately-owned oil and gas company and not having to watch your company’s publicly-listed shares drop on an almost daily basis, according to the CEO and president of Calgary-based Velvet Energy Ltd.

    April 23, 2020, 6 AM MDT

  • Teck Lowers Capex For Energy Business

    As a result of reducing operations to a single-train facility at Fort Hills and to minimize negative cash flow, Teck Resources Limited has reduced its planned 2020 capital spending in the energy business unit to $85 million from $175 million.

    April 21, 2020, 9:06 AM MDT

  • LNG Canada Still Plans To Have Plant Operating By Mid-Decade

    A spokesperson for LNG Canada says the project owners still plan to have the plant operating by the mid-2020s.

    April 8, 2020, 2:10 PM MDT

  • LNG/Natgas Demand Likely More Influenced By Weather Than COVID: Consultant

    Unless the COVID-19 pandemic kills millions of people worldwide — which even the most pessimistic public health experts think is unlikely — global LNG and related natural gas demand will grow this year, says one of Canada’s top natural gas sector consultants.

    April 3, 2020, 8:41 AM MDT

  • Output Cuts Stemming From Coronavirus Expected: Rystad

    Oil prices will stay lower for longer as a result of the COVID-19 virus, with Canadian oilsands and offshore production being the hardest hit in the next two months, but with shale producers also being seriously impacted, says an Oslo-based energy industry consultancy.

    March 18, 2020, 10:37 AM MDT

  • Trout Unlimited Canada’s Annual Fundraising Event In Calgary Looking For Oil & Gas Industry Support

    With 20 per cent of the world’s fresh water, the largest number of lakes in the world (31,000) and the fifth largest number of rivers worldwide, a Canadian charitable group that invests in projects aimed at enhancing those waterways in this country has a lot on its plate.

    March 10, 2020, 10:34 AM MDT

  • MEG Reports Improved Results, Higher Bitumen Pricing

    MEG Energy Corp. reported stronger 2019 financial results Wednesday compared to last year, thanks in part to higher bitumen prices.

    March 5, 2020, 8:02 AM MST

  • Trican Reports Improvement In Q4 Results

    Although the red ink continued to flow for Trican Well Services Ltd. in the fourth quarter of 2019, as well as for the entire year, the specialized oilfield services company’s cost reduction and efficiency measures allowed it to show better results than in the previous year.

    February 27, 2020, 9:50 AM MST

  • Gulf Alumni Event To Celebrate ‘Glory Days’

    It’s being billed as the final annual Gulf Canada Resources Ltd. alumni reunion, but there’s much more to the story about the March 12 event — just ask former Gulf employee Doug Phillips.

    February 24, 2020, 9:35 AM MST

  • Teck Withdraws Regulatory Application For Frontier Project; 'Sad' Situation For Canada, Says CAPP

    Teck Resources Limited announced Sunday it is withdrawing the Frontier project from the regulatory review process.

    February 23, 2020, 7:45 PM MST

  • Teck Working To ‘Optimize’ Frontier; Negative Decision Would Result In Billion-Dollar Charge

    With a federal cabinet decision on the Frontier oilsands project looming next week, proponent Teck Resources Limited warned of an impairment should there be a “negative decision.”

    February 21, 2020, 12 AM MST

  • Solid Year Of Revenue Growth For North American Construction

    Despite difficult times being experienced by many in the oilsands construction and maintenance sector, North American Construction Group Ltd. continues to perform well, with strong fourth quarter and year-end results, headlined by strong revenue growth.

    February 20, 2020, 9:35 AM MST

  • Baytex Will Voice Objections To Enbridge Plan, Conference Hears

    Baytex Energy Corp. plans to voice its objections to the Canada Energy Regulator (CER) about plans by Enbridge Inc. to change the contracting approach it uses to move crude on its pipeline network, a conference heard on Thursday.

    January 30, 2020, 2:08 PM MST

  • Teck Awaiting Decision On Frontier; FID Not Automatic If Govt Approves It

    Vancouver-based Teck Resources Limited appears to be in no rush to make a final investment decision (FID) on its proposed Frontier Oil Sands Project, which would be built about 110 kilometres north of Fort McMurray.

    January 29, 2020, 1:03 PM MST

  • Concerns About Pieridae’s Financial Viability ‘Overdone,’ Conference Hears

    The CEO of Pieridae Energy Limited told those attending an investor conference Wednesday that concerns about the company’s financial viability are overdone and Pieridae will deal with those concerns at an upcoming hearing.

    January 29, 2020, 10:49 AM MST

  • Private Companies Challenged By Mexico Policies

    Since socialist-leaning Andres Manuel Lopez Obrador (AMLO) was elected Mexican president in 2018, it’s been challenging for privately-owned companies like Vancouver-based Renaissance Oil Corp. to operate in the country.

    January 13, 2020, 1:40 PM MST

  • Canadian LNG: Global Opportunity, Global Competition

    The march towards building a significant liquefied natural gas sector in Canada continues to see challenges, but proponents maintain that the country’s core advantages — large untapped gas reserves, competitive supply costs, close proximity to markets, and the ability to produce some of the cleanest LNG — will help it become a major world supplier in the years ahead even as competition rises.

    December 23, 2019, 6:34 AM MST

  • Canadian LNG: Global Opportunity, Global Competition

    The march towards building a significant liquefied natural gas sector in Canada continues to see challenges, but proponents maintain that the country’s core advantages — large untapped gas reserves, competitive supply costs, close proximity to markets, and the ability to produce some of the cleanest LNG — will help it become a major world supplier in the years ahead even as competition rises.

    December 20, 2019, 6 AM MST

  • Canadian LNG: Global Opportunity, Global Competition

    The march towards building a significant liquefied natural gas sector in Canada continues to see challenges, but proponents maintain that the country’s core advantages — large untapped gas reserves, competitive supply costs, close proximity to markets, and the ability to produce some of the cleanest LNG — will help it become a major world supplier in the years ahead even as competition rises.

    December 19, 2019, 6 AM MST