A planned clean hydrogen plant, which would be built by Suncor Energy Inc. and ATCO Ltd. in the Industrial Heartland area north of Edmonton, will involve an investment of “multibillions of dollars” and could be akin to the birth of the oilsands industry, with multiple similar investments to follow, says ATCO’s senior executive.
May 12, 2021, 12 AM MDT
Despite having been founded just a little over a decade ago, Tourmaline Oil Corp. has become Canada’s largest natural gas producer, while growing from a few million dollars in annual revenue to $2.17 billion. And the fast-growing company has also taken a lead in developing technologies that will dramatically reduce its environmental footprint.
April 26, 2021, 6:53 AM MDT
Calgary-based Carbon Upcycling Technologies, which has pioneered technologies aimed at reducing the carbon footprint of industrial processes such as concrete production, is now branching out to become a kind of nascent Amazon online marketplace for the sale of consumer product such as crayons, soap and wristwatches that contain sequestered CO2.
April 23, 2021, 4:35 AM MDT
If the founder of your company is David Werklund, one of Alberta’s wealthiest men, a member of the Order of Canada, the Canadian Petroleum Hall of Fame, and the Calgary Business Hall of Fame, as well as being an oilfield industry leader and dedicated philanthropist, you already have name recognition on your side.
April 14, 2021, 7:03 AM MDT
Kelowna-based Vorsana Environmental Inc., a clean technology company focused on improving the environmental performance of the fossil fuel and industrial sectors, has purchased Calgary-based NanosTech, which has developed a field-based bitumen upgrading technology that can reduce CO2 emissions by 35 per cent and more, while leading to significant cost reductions for producers.
April 12, 2021, 6 AM MDT
The Canadian Gas Association’s (CGA) recently-launched natural gas venture capital firm will focus on improving the environmental footprint of natural gas, while also helping to fund value-added technologies to expand its use.
April 6, 2021, 12 AM MDT
In an average year Robert Allen and his team at Vancouver- and Calgary-based cleantech venture capital firm Evok Innovations review hundreds of start-ups for potential venture investment funding.
April 1, 2021, 6 AM MDT
An initiative that was launched last year by the University of Calgary, Canada’s Oil Sands Innovation Alliance (COSIA) and others will lead to the development of a centralized database that will be a kind of one-stop resource to measure the health and sustainability of northeastern Alberta’s wetlands, which cover a large part of the province.
March 26, 2021, 12 AM MDT
After almost two decades and total investments in technology development that are nearing $100 million, Calgary-based Titanium Corporation may finally be closer to developing a commercial plant in Alberta to develop titanium and zircon, two valuable minerals that are used for everything from paint pigments and ceramic tiles to knee replacements and golf clubs.
March 1, 2021, 6 AM MST
Just as Elon Musk’s Tesla Inc. has led the way toward development of electric vehicles, Space Exploration Technologies Corp. (SpaceX), which he launched to widely commercialize satellite technology, promises to lead to the development of a wide array of new technologies — including a more sophisticated and reliable way of monitoring oil and gas pipelines and other energy facilities.
February 12, 2021, 6 AM MST
Despite the challenges faced by the Canadian oil and gas sector, there is a bright future for those who have been employed in it or who hope to be, the head of a new cleantech accelerator and venture capital fund told a virtual audience.
February 1, 2021, 10:33 AM MST
The tiny northeastern Alberta town of Elk Point, with a population of 1,452, isn’t usually thought of as a technology development hub, but Colton Hoffman is hoping to make it the centre of technology that mitigates methane emissions from thousands of oil and gas wells — and potentially hundreds of thousands of wells worldwide.
January 22, 2021, 12 AM MST
The roaring 1970s — when people flooded into Alberta for energy-related job opportunities — appear to be long past with a large percentage of unemployed oil and gas workers saying they’re ready to move to another province, retire or retrain for jobs outside the industry.
November 30, 2020, 6 AM MST
PetrolLMI, a division of Energy Safety Canada, has released the first two parts of a four-part series on work practices, productivity and opportunities in Canada’s energy workforce.
November 23, 2020, 6 AM MST
The Conference Board of Canada has released a new report which says the economic benefits of LNG development are so extensive it will help lift Indigenous communities out of poverty and advance reconciliation between Indigenous and non-Indigenous Canadians.
November 11, 2020, 2:45 PM MST
Improving industry demand resulted in the addition of a fourth fracturing crew in early October, said Trican Well Service Ltd.
November 6, 2020, 9:50 AM MST
In a very tough market for oilfield service providers, Calgary-based NCS Multistage Holdings Inc. reported a net loss of $5.86 million in the third quarter of 2020, compared to a gain of $3.62 million last year in the quarter.
November 5, 2020, 8:13 AM MST
Despite health-related setbacks caused by the COVID-19 pandemic and a slowdown in LNG demand, construction continues on Canada’s first mega LNG project being built on the B.C. coast.
November 2, 2020, 6 AM MST
An LNG export project planned for Port Saguenay, Que., appears to be moving ahead, despite recent setbacks.
November 2, 2020, 9:20 AM MST
Calgary-based utility and midstream company AltaGas Ltd. will consider becoming two separate entities in the future, with a midstream company and a utility, according to its CEO and president.
October 29, 2020, 8:53 AM MDT
Vancouver-based Teck Resources Limited, which has a stake in Suncor Energy Inc.’s Fort Hills oilsands project, is looking at selling that interest in the future, according to the company’s president and CEO.
October 27, 2020, 11:15 AM MDT
A Prague-based heavy oil technology company which has developed an enhanced oil recovery (EOR) technology it calls Exothermic Chemical Treatment (ECT) pitched its technology in a webinar in Calgary.
September 23, 2020, 8:14 AM MDT
The technology that is being taken to the commercial stage by Calgary-based Carbonova Corp. may sound almost too good to be true, but companies in the concrete-production, auto parts, sports equipment and other sectors that are working with the firm to use the carbon dioxide-sourced material it produces are believers.
September 17, 2020, 7:16 AM MDT
An Acheson, Alberta-based company that was launched by a father and his two sons, none of whom have an engineering background, has grown to become one of the most technologically sophisticated oilfield service companies in the world, with the underlying aim of helping to make the oil and gas industry “safer and smarter.”
September 11, 2020, 10:59 AM MDT
Optimism has been in short supply in 2020. The COVID-19 pandemic and resulting plunge in oil prices has put an already battered Canadian energy industry back into survival mode, with the future looking uncertain.
September 8, 2020, 9:29 AM MDT