In Part 1 of this two-part series, I explored the International Energy Agency’s (IEA) recently released Net-Zero Emissions (NZE) scenario, a worst-case scenario for Alberta.
May 27, 2021, 6 AM MDT
The Canadian Association of Oilwell Drilling Contractors (CAODC) has a new name — the Canadian Association of Energy Contractors (CAOEC).
May 27, 2021, 8:09 AM MDT
While resources such as hydrogen, helium and geothermal will benefit oilfield service firms, as well as support the sustainable energy story in the future, none of their developments are yet mature enough to sustain even one crew for a year, and therefore they are not yet ready to provide the sort of sustainability workers would like to see in the industry, says Duncan Au, president and chief executive officer of CWC Energy Services Corp.
May 12, 2021, 6 AM MDT
Researchers at the University of Calgary are hoping to connect all stakeholders with its new Geothermal Energy Lab.
May 11, 2021, 10:28 AM MDT
By approaching the energy transition as a massive opportunity for the oil and gas industry, the Avatar program has been able to pick up as a movement, says its founder, with young professionals thriving on encouragement and support towards tackling the biggest, most exciting energy projects and environmental solutions facing the modern world.
May 6, 2021, 12 AM MDT
Razor Energy Corp. subsidiary FutEra Power Corp. is entering the project execution stage of its co-produced geothermal power project in Swan Hills.
May 4, 2021, 5:47 AM MDT
The global energy transition is picking up pace as oil and gas companies around the world shift gears into renewable energy and new entrants into energy markets gain momentum.
May 3, 2021, 12 AM MDT
The Alberta government continues to work on a number of priorities highlighted in a newly-released joint report by Energy Futures Lab (EFL) and Canada West Foundation (CWF), says the province’s energy minister, including the development of a geothermal policy framework, modernization of the oil and gas liability management framework, and an updating and modernizing of the mineral tenure and regulatory frameworks.
April 28, 2021, 10:28 AM MDT
Alberta can prioritize repurposing of inactive oil and gas sites for new energy developments, according to a new Energy Futures Lab (EFL) and Canada West Foundation (CWF) joint report, but the provincial government must first clear roadblocks and facilitate the necessary investments and entrepreneurship in a timely and effective manner.
April 27, 2021, 12 AM MDT
NXT Energy Solutions Inc. has acquired the SFD technology rights for geothermal resources from George Liszicasz, president and CEO of NXT, and who is the inventor of the SFD technology.
April 19, 2021, 5:39 AM MDT
In Part One of this series, a case was made for the Alberta government adopting industrial policy to guide strategic investment decisions to successfully guide economic diversification in the province, after numerous failures under the laissez-faire approach.
March 31, 2021, 6 AM MDT
Foresight is partnering with the Clean Resource Innovation Network (CRIN) and The Delphi Group to launch the Low Emission Fuels and Products Technology Competition.
March 31, 2021, 3:27 PM MDT
The federal government announced nearly $40.5 million in investments for the Clarke Lake Geothermal Development Project, a wholly owned and Indigenous-led project that will develop one of the first commercially viable geothermal electricity production facilities in Canada.
March 15, 2021, 6 AM MDT
No. 1 Geothermal LP’s recently completed detailed temperature log returned a bottom hole temperature of 118 C.
March 11, 2021, 10:58 AM MST
The federal government announced $2 million in funding for the Yukon government to explore the potential of geothermal energy as a long-term source of renewable energy for communities currently powered by diesel.
March 4, 2021, 1:11 PM MST
Chevron Corporation is investing in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets.
March 1, 2021, 12 AM MST
The board of the First Nations Major Projects Coalition (FNMPC) will provide “capacity support” to the Clarke Lake geothermal project as requested by Fort Nelson First Nation (FNFN).
November 23, 2020, 10:31 AM MST
New legislation is expected to clarify rules for geothermal energy development in Alberta.
October 20, 2020, 3:21 PM MDT
Kevin Krausert, president and chief executive officer of Beaver Drilling Ltd., hopes that Alberta’s geothermal policy framework will allow Albertans to benefit from the production of geothermal heat, while also allowing them to understand geothermal economics as the energy sector develops and advances.
October 7, 2020, 2:58 PM MDT
The Alberta government is set to have discussions this fall with key groups and introduce legislation to create greater policy and regulatory certainty for geothermal investors and Albertans.
October 7, 2020, 10:17 AM MDT
In the spirit of promoting energy advocacy, a team of young oil and gas professionals participating in the recent Avatar Program proposed the conversion of abandoned, inactive and orphaned wells for geothermal development, which ultimately could provide direct heating and power generation to nearby communities.
October 7, 2020, 7:13 AM MDT
Canada’s status as the only country on the seismically active Ring of Fire circling the Pacific Ocean without a dedicated geothermal power project could be about to end with a project more than a thousand kilometres from the coast — in the southern prairie of Saskatchewan.
September 22, 2020, 12 AM MDT
Exploitation of geothermal heat goes back millennia, while harnessing of geothermal power goes back over a century. Yet despite its immense geothermal resource potential, Canada has sat on the sidelines of geothermal heat and power development.
September 21, 2020, 12 AM MDT
As the oil and gas industry struggles through another bust cycle from which it may never fully recover, there may be no better time to diversify into sectors from which it can apply its world class expertise to gain an early market advantage. To many in the industry, the most promising transition would be to pivot to geothermal.
September 1, 2020, 7:30 AM MDT
Razor Energy Corp. invested $600,000 in the second quarter of 2020, mainly on the South Swan Hills co-produced geothermal power generation project.
August 28, 2020, 7:54 AM MDT
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