Jim Bentein

  • Cardium The Focus For Obsidian

    Obsidian Energy Ltd. is continuing to focus on the Cardium with a recent deal to sell its stake in the Peace River Oil Partnership (PROP) while actively marketing its Alberta Viking assets.

    June 6, 2019, 8:55 AM MDT

  • Capline Reversed Service Planned For September 2020

    The owners of the Capline pipeline, a crude transportation option that could provide a much needed outlet for Canadian heavy oil and bitumen to get to the U.S. Midwest and West Coast, have decided to proceed with a plan to reverse the flow of the system.

    May 31, 2019, 6 AM MDT

  • Ongoing Operational Challenges Of Sturgeon Add To Financial Issues

    Alberta taxpayers could be stuck with financing an ongoing pile of debt that was used to build the Sturgeon Refinery, as a result of the “not normal financing structure” used to fund the $10-billion cost of the project, says a financial and legal expert who worked for Imperial Oil Limited for many years.

    May 28, 2019, 12 AM MDT

  • Goldboro Project Would Create Demand For Western Canadian Gas: Pieridae Exec

    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

  • Surge Positioned To ‘Shine’ As Oil Prices Rise

    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

  • Industry Grappling With Litany Of Competitiveness Issues: Essential

    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

  • Adopt Natgas Report Recommendations: Jupiter

    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 Revenue Down In Q1 On Slower Canadian Market

    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 Tankage Business Helps Bolster Q1 Results

    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

  • Ridley Island Centrepiece of AltaGas Export Push

    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

  • New Pipe Finishing Facility With Indigenous Ownership To Celebrate Opening Today

    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

  • Whitecap Chief Executive Discusses CO2 Injection, Election

    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

  • Kenney Takes Aim At Alberta Oil And Gas Opponents In Victory Speech

    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

  • Biojet: Developing A Western Canada Solution To Reduce Emissions From The Airline Sector

    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

  • Chevron Joins Ranks Of ‘Ultramajors’ With Anadarko Deal

    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

  • LNG Canada Will Likely Move Forward With Expansion, Says Analyst

    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

  • Door Not Closed, But Not Wide Open To Private Investment In Mexico Oil Industry

    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

  • Environmentalists Dominating Canadian Energy Development Conversation, Event Hears

    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

  • Community Leaders In Alberta Praise Value Of Energy Futures Roadshows

    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

  • Record Production For Vermilion In Canada

    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

  • Canada Must Aggressively Defend Its Oil And Gas Industry

    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

  • FID For Value Creation Partial Upgrader Expected By Year-End

    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

  • Getting Ready For Generation Z In Oil And Gas

    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

  • Capline Owners Planning Binding Open Season For Proposed Reversal

    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

  • Fuel Theft Crisis In Mexico Hits New Level

    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

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