As one of its three strategic priorities identified for 2021, Precision Drilling Corporation says it continues to enhance its environmental, social and governance (ESG) efforts through the deployment of environmental solutions focused on emissions reduction products and services.
October 22, 2021, 10:02 AM MDT
Unlike a direct grant program, an RStar program being touted for well clean-up would not require direct outlay of cash from government, it would be applied fairly across all licencees, and it potentially would allow for new financing towards wellsite reclamation in Alberta on the basis of it being an environmental, social and governance (ESG) investment, say pilot project proponents.
October 22, 2021, 6 AM MDT
The oil and gas industry of today is nothing like the oil and gas industry of 15 years ago, which was dramatically different than the one of 30 years ago. Technological change is a constant in oil and gas and few industries are as quick to follow and reward successful innovators.
October 22, 2021, 6 AM MDT
We are in the midst of an energy system transformation, one requiring major social, cultural, technological, and economic shifts. Addressing climate change while providing reliable, affordable, and responsible sources of energy the world needs is a critical challenge.
October 21, 2021, 6 AM MDT
I believe the answer to Net Zero is in the idea of a circular economy. We can use a lot of the same technologies to reduce emissions from production of the oilsands for the consumption side too. Already there is a circular economy building around emissions. With carbon as a feedstock we wouldn’t treat carbon as a waste disposal problem; it would become a valuable product to make things from. The Three Rs are the path to sustainability: reduce, reuse, return all of our emissions.
October 20, 2021, 6 AM MDT
As major players within the energy sector have claimed to start the official shift towards green and responsible energy production, many debates have begun surrounding clean-up, reliable extraction, sustainability and ESG (environmental, social, governance) strategies. Significantly, the discussion continues on the cost efficiency of environmental project management during each phase and the tools required to preserve nature and perform reclamation/remediation procedures.
October 20, 2021, 7:58 AM MDT
Pembina Pipeline Corporation aims to reduce the its greenhouse gas (GHG) emissions intensity by 30 per cent by 2030, relative to baseline 2019 emissions.
October 20, 2021, 7:57 AM MDT
Trican Well Service Ltd. released its 2020 environmental, social and governance (ESG) sustainability report.
October 20, 2021, 8:09 AM MDT
Trican Well Service Ltd. anticipates 11 Tier-2 diesel-powered fracturing pumps, refurbished with Tier-4 dual-fuel engines (and equipped with automated idle reduction technology), will be available for operations in the fourth quarter.
October 20, 2021, 11 AM MDT
For hundreds of thousands of Canadians, the transition towards a low-carbon economy is set to be incredibly difficult. The transition is predicted to result in a loss of between 312,000 and 450,000 jobs among workers employed by or providing support to the oil and gas sector and its supply chain.
October 18, 2021, 6 AM MDT
Gibson Energy Inc. reports it has received the top “AAA” rating from MSCI ESG Ratings, being only one of three companies globally in the Oil & Gas Refining, Marketing, Transportation & Storage industry and the only company in North America in that industry, to receive this leadership rating.
October 14, 2021, 8:40 AM MDT
Vermilion Energy Inc. says it has achieved certification under the EO100 Standard for Responsible Energy Development (2017) from Equitable Origin for three of its natural gas production sites in west-central Alberta: Granada, Eta Lake and Carrot Creek.
October 14, 2021, 8:17 AM MDT
AiM today announced that it has achieved net-zero greenhouse gas emissions throughout the company’s business operations.
October 14, 2021, 10:13 AM MDT
The recent surge of focus on environmental, social and governance (ESG) matters by investors and other affected stakeholders has only been intensified by current public health, economic and societal crises.
October 13, 2021, 6 AM MDT
Enbridge Inc. says its efforts on the ‘S’ in the company’s environmental, social and governance (ESG) practices is bearing fruit and continues to evolve and that its business “must be supported by relationships built on mutual respect and trust and established at the community level.”
October 5, 2021, 6 AM MDT
Why and where Enbridge Inc. invests capital into its operations is a “very important test of our ESG commitment and another way that we internalize it,” says president and CEO Al Monaco.
October 1, 2021, 8:59 AM MDT
Enbridge Inc. continues to push forward and increase its efforts to adapt to the global energy transition and the newly-minted New Energies team and strategic industry partnerships will go a long way in shaping the company’s future, says president and CEO Al Monaco.
September 29, 2021, 12:51 PM MDT
Enbridge Inc.’s Renewable Power division is expanding to include a dedicated and centralized New Energies team that will advance low-carbon energy infrastructure opportunities across its energy delivery businesses.
September 28, 2021, 7:26 AM MDT
Changing the past is something Mark Little, president and chief executive officer of Suncor Energy Inc., cannot do. But when it comes to Canada’s relationship with its Indigenous peoples, he knows how to impact the future.
September 23, 2021, 8:42 AM MDT
Whereas environmental, social and governance (ESG) factors were once considered “soft issues” by energy firms, they are now recognized as legal and reputational risks that can actually damage companies when not handled properly, says Hilary Foulkes, board chair, Enerplus Corporation.
September 21, 2021, 8:35 AM MDT
While stakeholder engagement has always aligned with good governance, there is a heightened focus on ESG reporting and consultation that is bringing it into the spotlight.
September 20, 2021, 6:56 AM MDT
From an environmental, social and governance (ESG) perspective, Canada’s energy sector still has some work to do … when it comes bragging about its world-leading position, says Myles Bosman, vice-president of exploration and chief operating officer at Birchcliff Energy Ltd.
September 17, 2021, 6:43 AM MDT
Focusing on environment, social and governance (ESG) efforts could be a differentiator when it comes to securing new contracts or customers for oilfield services.
September 13, 2021, 6 AM MDT
September 3, 2021, 9:50 AM MDT
A consortium of energy and commodities market participants has collaborated to execute the first-ever Responsibly Sourced Gas (RSG) supply agreement to use the Xpansiv Digital Fuels Registry to validate and register the gas’s origin, energy content and methane intensity, all derived from independent data source
September 2, 2021, 6 AM MDT