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
The bleeding in the Canadian oilfield service sector hasn’t stopped, says the new head of the Petroleum Services Association of Canada (PSAC), even though it has been very difficult for those companies and their employees for the past five years.
December 19, 2018, 6 AM MST
Crucial pipelines, vital for the country’s economy, being delayed and even stopped as a result of opposition from Indigenous people; local and other groups concerned about the social and environmental impacts of those pipelines, leading to drawn out court battles.
December 13, 2018, 7:43 AM MST
November 30, 2018, 12 AM MST
San Diego-based Sempra Energy recently announced plans for an LNG export facility on the west coast of Mexico, while another company has received U.S. Department of Energy approval for another Mexican LNG export plant.
November 27, 2018, 6:52 AM MST
Thanks to mainly LNG exports, natural gas demand and prices should rise for Canadian-based natural gas producers, but the extent of these expected increases is up for debate.
November 21, 2018, 12 AM MST
Alberta needs to add about one million bbls/d of refining capacity to avoid long-term steep differentials its bitumen and heavy oil producers will face, as the world shifts from higher-sulphur fuels, says the chief executive of the company building the province’s newest refinery in decades.
November 16, 2018, 6 AM MST
The president and CEO of Calgary-based junior International Frontier Resources Corporation (IFR) said he believes investment by privately-owned companies like his will eventually be embraced by the country’s new left-leaning president.
November 15, 2018, 12 AM MST
NCS Multistage Holdings Inc. reported improved third quarter results Wednesday, despite what its CEO Robert Nipper called “a challenging operating environment in Canada” and a slowdown in completions activity in the U.S.
November 7, 2018, 8:45 AM MST
Source Energy Services Ltd., Canada’s largest frac sand services provider, released disappointing third quarter results Thursday, surprising analysts and investors, who had been told by company executives to expect strong results for the quarter, after the release of second quarter results this past summer.
November 2, 2018, 9:21 AM MDT
Directors of MEG Energy Corp. repeated their rejection of a $6.4 billion takeover offer from Husky Energy Inc. again Thursday, while reporting good third quarter results.
November 1, 2018, 10:23 AM MDT
As the world shifts to electric and hydrogen-powered vehicles, the use of more biofuels and “smart cities,” where public transit increasingly supplants single-vehicle movement, a forward-thinking initiative entitled “Mobility in a Low Carbon Future” aims at helping Alberta’s fossil-fuel-reliant economy and population benefit from those developments.
October 29, 2018, 8:06 AM MDT
Despite what outspoken Mullen Group Ltd. chairman and CEO Murray Mullen called the “total mess” in Canada’s oil and gas business, the Okotoks, Alta.-based company reported strong third quarter results Thursday, thanks to a series of acquisitions and its shift into the broader consumer economy in Canada.
October 26, 2018, 7:24 AM MDT
There was some little noticed good news for Canadian heavy oil and bitumen producers last week, who have been struggling with record higher differentials between prices for West Texas Intermediate (WTI) oil and Western Canada Select (WCS) heavy crude — and it came, literally, out of left field.
October 22, 2018, 9:47 AM MDT
A senior manager of a company specializing in drug and alcohol testing at worksites says he’s concerned about impediments to implementing legislation and practices that will prevent workplace deaths.
October 17, 2018, 7:05 AM MDT
Natural gas producers in northwestern Alberta and northeastern B.C. received some good news Tuesday, with the announcement that a Calgary-based company plans to build Canada’s largest methanol manufacturing plant.
October 10, 2018, 12 AM MDT
Mexico’s incoming president, Andres Manuel Lopez Obrador (AMLO) has indicated his incoming administration will ban fracking in the country, a decision business spokespeople say will mean the country remains reliant on imported gas for most of its needs.
October 10, 2018, 12 AM MDT
It appears likely that the reversal of the previous south-north flow of crude on the 1.2 million bbl/d Capline Pipeline will proceed, enabling Canadian oilsands and heavy crude to flow to the Louisiana coast, says a spokesperson for the company that operates the pipeline.
October 5, 2018, 8:14 AM MDT
The tortured history of the Trans Mountain pipeline expansion proves that there needs to be a better way of regulating pipelines in Canada, the head of the government-owned company now overseeing the project said Wednesday.
September 27, 2018, 4:08 AM MDT
Mexico’s energy regulator has recommended the creation of a new state-owned entity to focus exclusively on gas production, in a country where natural gas consumption is growing by more than two per cent a year.
September 25, 2018, 9:04 AM MDT
There’s potential for a new significant unconventional oil play in northeastern B.C. that could unlock hundreds of millions of light oil bbls, says the head of a newly released Geoscience BC study — and it’s where conventional oil has been developed since the 1950s.
September 21, 2018, 12 AM MDT
The executive who heads the company building Canada’s first new refinery in over 30 years says he welcomes the news that an Indigenous-led investment group, partnered with Chinese firms, plans to build another new refinery in Alberta.
September 19, 2018, 6 AM MDT
Environmentalists who have called oilsands crude “dirty” might want to rethink that label, following the release of a study that argues that the greenhouse gas (GHG) intensity of oilsands projects is declining steadily and should be 30 per cent below 2009 levels by 2030.
September 17, 2018, 9:48 AM MDT