The Alberta government, already coping with the loss of billions of dollars in royalty and tax revenue from the province’s troubled oil and gas sector, has another problem on its hands.
December 2, 2019, 8:49 AM MST
Liquefied natural gas projects planned for eastern Canada represent a significant opportunity for Alberta’s gas producers to reach tidewater and access markets in western Europe.
December 2, 2019, 7:19 AM MST
Cleaning up thousands of orphan wells in Alberta will require a radical approach, says a researcher with Alberta Liabilities Disclosure Project.
November 25, 2019, 6 AM MST
Total Energy Services Inc.’s third quarter financial results reflect just how difficult it is to make a buck in the business.
November 8, 2019, 11:01 AM MST
A B.C. coastal chief highlighted possible missed opportunities from the canceled Northern Gateway project, which Enbridge Inc. was forced to abandon in 2016.
November 6, 2019, 7:51 AM MST
One of the keynote speakers at this week’s National Coalition of Chiefs Energy and Natural Resources Summit, held in Calgary, died of an apparent heart attack the night after he spoke at the conference,
November 6, 2019, 11:33 AM MST
Pieridae Energy Limited has approached both the federal and provincial governments for loan guarantees, tax breaks or other assistance to move forward its Goldboro LNG facility in Nova Scotia.
November 4, 2019, 7:51 AM MST
MEG Energy Corp. has shifted into 2019 roughly $30 million of expected 2020 capital expenditures to accelerate the completion of its in-progress brownfield project at the Phase 2B central processing facility, which includes incremental steam generation, water handling and oil treating capacity.
October 31, 2019, 7:50 AM MDT
Despite the tailwinds of curtailment and wide differentials, mining giant Teck Resources Limited was able to count on its investment in the Fort Hills oilsands mine, in which it is partnered with Suncor Energy Inc., for better third quarter financial results than would have been the case if it was only in the metals and coal mining business.
October 24, 2019, 3:13 PM MDT
The head of a Calgary-based oilfield services company, which operates mostly in Mexico, remains optimistic about prospects in the country despite the challenging development climate.
October 18, 2019, 10:23 AM MDT
The U.S. will be exporting almost six million bbls/d by 2022, according to a new forecast.
October 15, 2019, 10:57 AM MDT
Plains All American LLP has sanctioned the 200,000 bbl/d expansion and “modest” extension of the Diamond Pipeline JV.
August 20, 2019, 12 AM MDT
The key to more LNG projects to Western Canada is to drive the costs down, says a leading expert on global LNG development.
August 14, 2019, 8:28 AM MDT
It was a tough second quarter of 2019 for frack sand and proppant provider Source Energy Services Ltd., with a fatal accident at one of its key terminals and weather that hampered its customers’ activities, leading to a significant decline in sand volume and revenue compared to the same quarter last year.
August 2, 2019, 8:34 AM MDT
AltaGas Ltd. is showing that its bet on a $500-million propane export terminal in B.C. is starting to pay off, after releasing second quarter results Thursday that include financial contributions from its Ridley Island Export Terminal (RIPET).
August 1, 2019, 9:16 AM MDT
Enbridge Inc. is talking with Southern Lights shippers about ceasing existing contracts as the company moves forward in repurposing the condensate line to a 150,000 bbls/d of light crude line.
July 24, 2019, 10:13 AM MDT
Growing up in small town Alberta in the 1960s during the early oil boom days, Hal Kvisle capitalized on employment opportunities — but now he’s worried those same opportunities may not be available for today’s youth.
July 23, 2019, 8:49 AM MDT
Canada’s existing petrochemical industry, as well as new polypropylene plants being built in the Edmonton area, can compete economically with the petrochemical industry in the U.S. Gulf Coast, even if it is faced with a $50 a tonne carbon tax, a new study concludes.
July 4, 2019, 6 AM MDT
A new chemical process technology used in refinery and petrochemical integration could more than double the profits derived from a bbl of crude oil by converting crude to chemicals, according to a new study by Houston-based IHS Markit.
June 26, 2019, 11:16 AM MDT
The technical issues with the Sturgeon Refinery project may be linked to technology not proven as a way to process bitumen, says an expert in gasification technology.
June 20, 2019, 10:42 AM MDT
The ongoing delays in the start-up of the Sturgeon Refinery will have little impact on a related project aimed at delivering CO2 about 250 kilometres to EOR-suited reservoirs, says the head of the company involved in the project.
June 20, 2019, 11:05 AM MDT
While staying somewhat below the radar screen, junior producer Journey Energy Inc. has secured a land position in the hot East Duvernay shale play that the company’s CEO and president says could hold as much as 150 million (gross) bbls and lead to 20 years or more of ongoing production.
June 17, 2019, 10:32 AM MDT
Developers of LNG projects in Canada, and the head of an LNG industry group, spoke optimistically on Tuesday about future LNG development, given the demand outlook.
June 12, 2019, 8:19 AM MDT
While the oil and gas development potential in Latin America is significant, left-leaning governments and political uncertainty have prevented the area from seeing any real growth in production, a conference heard on Monday.
June 11, 2019, 7:23 AM MDT
Given her role as an executive with one of Canada’s largest real estate organizations, Cheryl de Paoli has attended numerous meetings, conferences and summits — but the one she attended early this year, where the future of Alberta’s energy sector and its economy were discussed, stands out in her mind as one of the most productive discussions she has ever been involved in.
June 11, 2019, 10:09 AM MDT