Geothermal energy has never made commercial inroads in Canada, and one of the hurdles is undoubtedly the high capital cost of drilling the holes and installing equipment to harness the Earth’s heat.
October 15, 2018, 9:57 AM MDT
More oil and gas producers are looking at generating their own power following a big jump in Alberta power prices this year.
October 9, 2018, 7:58 AM MDT
Wholesale electricity prices in Alberta more than doubled this year and are expected to stay at those levels for at least the next few years, says a power consultant.
October 9, 2018, 8:10 AM MDT
An Alberta company has been granted a Canadian patent related to its bitumen upgrading process that would cost less money and use less energy than conventional coking and hydrocracking processes.
August 22, 2018, 10:35 AM MDT
Canadian railways have made great strides in increasing oil export capacity since transportation bottlenecks forced some bitumen production to be shut in early this year.
August 17, 2018, 11:49 AM MDT
Industry and government players believe they have found a way to save money and reduce Alberta’s inactive well count.
August 16, 2018, 7:06 AM MDT
When certain types of wells haven’t produced for a specific amount of time, the Alberta Energy Regulator (AER) requires those wells be plugged off downhole rather than just shut in at surface.
August 16, 2018, 7:26 AM MDT
Enerplus Corporation has boosted its 2018 capital guidance to $585 million, which was the top range of the previous guidance of $535-$585 million, largely related to increased non-operated activity.
August 10, 2018, 11:09 AM MDT
With Canadian and U.S. natural gas storage levels at the low end of historical averages, Peyto Exploration & Development Corp. is expecting a significant jump in prices heading into winter.
August 9, 2018, 11:46 AM MDT
Despite the lowest Alberta natural gas prices in more than a quarter century, Peyto Exploration & Development Corp. remained solidly profitable in Q2 for the fifty-fourth consecutive quarter.
August 9, 2018, 11:32 AM MDT
Canadian Natural Resources Limited is increasing planned 2018 spending on de-bottlenecking at Horizon but has curtailed natural gas and conventional heavy oil activities.
August 2, 2018, 11:40 AM MDT
Canadian Natural Resources Limited’s jointly owned bitumen refinery should be onstream by Sept. 30, analysts heard today.
August 2, 2018, 11:51 AM MDT
Service companies hoping Encana Corporation would immediately boost spending will be disappointed.
August 1, 2018, 11:45 AM MDT
Alberta and Canada as a whole need to continue to streamline regulatory processes and reduce uncertainty, says Amberly Dooley, oilsands (technical) manager for the Canadian Association of Petroleum Producers (CAPP).
July 31, 2018, 3:11 AM MDT
More than four and a half years after Imperial Oil Limited sought regulatory approval for its Aspen oilsands project, the Alberta Energy Regulator (AER) has decided to schedule a hearing to consider the application.
July 30, 2018, 11:45 AM MDT
The premier of Newfoundland and Labrador announced today the first step into a new frontier for the province’s oil and gas industry — deepwater production.
July 26, 2018, 6:48 AM MDT
As Husky Energy Inc. and its Norwegian partner Equinor decide whether to proceed with the long-term Bay du Nord deepwater development, the Calgary-based company has other offshore Newfoundland projects for the near and medium term.
July 26, 2018, 11:45 AM MDT
Global sulphur prices are expected to remain under pressure for the next few years as supply increases outpace demand growth.
July 25, 2018, 6 AM MDT
When Ikkuma Resources Corp. closed an acquisition in the Alberta Foothills and British Columbia Deep Basin last December, the company’s output tripled to about 19,000 boe/d.
July 24, 2018, 6 AM MDT
Statistics for Alberta sulphur production reflect the sharp decline in sour-gas output in recent years and the rising fortunes of oilsands producers in the same period.
July 23, 2018, 8:32 AM MDT
Two major oilsands producers said this week that better market access isn’t enough to enable Canada’s oilpatch to compete globally.
July 12, 2018, 8:23 AM MDT
Poor combustion of coal and other heavy fuels during China’s rapid industrialization has left many big cities with notoriously bad air quality.
July 12, 2018, 9:22 AM MDT
Under-investment by the global oil industry and a preference for returning cash to shareholders could drive oil prices well past US$100/bbl, says energy economist Peter Tertzakian.
July 11, 2018, 3:28 AM MDT
Canadian E&P companies will pull in roughly 20 per cent more cash flow this year than in 2017 if current oil prices hold till year’s end, a conference heard on Tuesday.
July 11, 2018, 12 AM MDT
With major oilsands producers curtailing production in the first quarter of 2018 because export pipelines were full, Alberta’s market access problem took on a new urgency.
July 9, 2018, 6 AM MDT