Alberta natural gas producers should be hoping for a go-ahead for the Goldboro LNG export plant proposed for a site in Nova Scotia, says an executive with the company building it, since it would create a demand for their gas.
May 17, 2019, 7:56 AM MDT
On a day when crude prices were rising significantly, as the result of an attack by Iranian-backed rebels on a cross-country pipeline in Saudi Arabia and an earlier attack on four oil tankers anchored off the United Arab Emirates, the head of a Calgary-based oil producer was telling shareholders to expect to see crude prices surge.
May 15, 2019, 8:02 AM MDT
When the Canadian oilfield service sector recovers from years of lower activity, there is likely to be a flood of takeovers, according to the head of a Calgary-based company which specializes in coil tubing and multi-stage frac tools — and his company could well be one of those buyout candidates.
May 10, 2019, 12 AM MDT
The 48 recommendations produced last year by the Natural Gas Advisory Panel, appointed by the then NDP government, need to be urgently adopted or there will be “dire consequences” soon for dozens of companies focused on natural gas production in Alberta, says the head of Jupiter Resources Ltd.
May 8, 2019, 1:30 PM MDT
STEP Energy Services Ltd. struggled in the first quarter of 2019, reporting a net loss in the quarter, compared to a profit in the same period last year, as well as a six per cent decline in revenue, as the company, which specializes in fracturing services and coiled tubing, reported “spotty” demand for the latter in both the U.S. and Canada.
May 8, 2019, 9:39 AM MDT
Gibson Energy Inc., which dominates the crude tankage business in Western Canada, has reported strong financial and operational results for the first quarter.
May 7, 2019, 9:03 AM MDT
The centrepiece of AltaGas Ltd.’s export push is the company’s new $450-$500 million Ridley Island Propane Export Terminal (RIPET).
May 6, 2019, 7:12 AM MDT
A sparsely populated First Nation near North Battleford, Sask., that used a 1986 land claim settlement with the federal government for a number of investments, will be celebrating the opening later today of an Edmonton-based pipe finishing facility it partially owns.
April 30, 2019, 11:31 AM MDT
The head of Calgary-based Whitecap Resources Inc. says the company is interested in investing in other CO2 injection projects, especially now that a CO2 pipeline is being built in Alberta.
April 26, 2019, 6 AM MDT
United Conservative Party (UCP) Leader, and Premier-elect Jason Kenney, took aim at foreign funded groups aiming to landlock Alberta oil on Tuesday.
April 17, 2019, 4:04 AM MDT
While it’s likely petroleum-based jet fuels will continue to prevail in the airline business for many more decades, an initiative launched by Calgary-based WestJet is aimed at shifting to a blend of lower-carbon jet fuels that would allow the airline to lower its environmental footprint, while also creating a market for forest and agriculture residue, that would give a boost to Western Canada’s economy.
April 17, 2019, 6 AM MDT
Energy industry analysts are supportive of Chevron Corporation’s announcement Friday morning that it is buying shale resource major Anadarko Petroleum Corp. for US$50 billion, saying it gives Chevron a dominant position in the Permian and in the deepwater Gulf of Mexico.
April 12, 2019, 10:17 AM MDT
Canada’s first LNG megaproject now under construction on the B.C. coast will almost certainly become even larger, a Calgary-based gas analyst said on Thursday.
March 29, 2019, 6 AM MDT
Renaissance Oil Corp. is showing that outside capital can increase Mexico’s oil and gas production, according to a company executive.
March 22, 2019, 8:59 AM MDT
Canadian oil and gas industry executives “have let 20-year-old environmentalists with a political science degree and a laptop” dominate the conversation around energy industry development in the country, the head of a Calgary-based energy research organization told a crowd of those executives and their employees Wednesday.
March 21, 2019, 11:26 AM MDT
As the world shifts to the use of more electric vehicles (EVs) and power grids dominated by renewables, fossil fuel-based economies like Alberta’s face challenges and community leaders across the province are asking how they can respond to changes to help their smaller towns and cities thrive in the future.
March 13, 2019, 9:32 AM MDT
The $1.4 billion acquisition last year by Calgary-based Vermilion Energy Inc. of Saskatchewan-focused producer Spartan Energy Corp. appears to be paying off.
February 28, 2019, 10:45 AM MST
Allan Fogwill argues that it’s time for the Canadian oil and gas industry to be more aggressive about defending itself, saying it has let U.S.-based environmental and petroleum interests sabotage the country’s energy sector without financing convincing pro-industry arguments.
January 30, 2019, 6 AM MST
Calgary-based Value Creation Inc. is expected to make a final investment decision by the end of this year on its $2 billion partial bitumen upgrading project in the Alberta Industrial Heartland east of Edmonton.
January 23, 2019, 6:55 AM MST
Many in Canada’s oil and gas industry may be surprised by recent findings about the next generation who will enter the workforce.
January 18, 2019, 9:31 AM MST
A pipeline reversal project that could give Canadian heavy oil and bitumen producers a new way to reach U.S. markets now appears more likely to proceed following a recent announcement of a planned binding open season.
January 11, 2019, 11:31 AM MST
The fuel theft crisis in Mexico has reached a new level, with gasoline shortages persisting in many states and the military being deployed to guard fuel storage and distribution facilities.
January 11, 2019, 10:55 AM MST
Three officials of Mexico’s state-owned oil and gas company Petroleos Mexicanos (Pemex), who were allegedly complicit in the theft of petroleum from the company, have been dismissed and will face criminal charges, the country’s acting attorney general said late last week.
December 31, 2018, 7:06 AM MST
Two analysts who specialize in the LNG sector say they see good times emerging for the industry in the next decade, as the worldwide shift to clean-burning natural gas in the power sector ramps up.
December 20, 2018, 12 AM MST
Deanna Burgart is an aboriginal woman who completed a challenging program in engineering technology, while still a single mother. She then completed an engineering degree when she and her husband were raising two children, while also experiencing the ups and downs of a 20-year career in the oil and gas and renewables industry.
December 20, 2018, 7:26 AM MST