Alberta oilsands producers need to take action sooner rather than later to minimize the potential for shut-in production before new global limits on the sulphur content of ship fuel take effect in 2020, says a veteran energy consultant.
September 6, 2017, 11:25 AM MDT
Husky Energy Inc. will run short of processing capacity as its heavy crude output rises to 250,000 bbls a day from 150,000 bbls a day over the next five years, says an executive.
September 6, 2017, 11:31 AM MDT
Suncor Energy Inc.’s two current growth projects, Fort Hills in northern Alberta and Hebron offshore Newfoundland, are inching toward the finish line, while efforts to shore up operational difficulties at the Syncrude mine continue.
September 6, 2017, 11:38 AM MDT
TORC Oil & Gas Ltd. was the only company among TSX-listed oil producers outside of the oilsands sector to cut its combined operating and transportation costs per barrel of oil equivalent (boe) between Q2 2017 and Q2 2016, according to the latest CanOils data.
September 6, 2017, 8:23 AM MDT
Net Energy Western Canada Select (WCS) averaged $37.80 a bbl in August, up from $37.41 a bbl in July, while the light-heavy differential widened by 20 cents to US$7.18 per bbl from $6.98 per bbl in July.
September 6, 2017, 6:54 AM MDT
Furthering the growth of its midstream infrastructure, Secure Energy Services Inc. plans to develop a $75 million light oil feeder pipeline system and terminal in the Kindersley-Kerrobert region of southwest Saskatchewan.
September 6, 2017, 5:28 PM MDT
Sayer Energy Advisors has been engaged to assist Grant Thornton Limited, in its capacity as court-appointed receiver (the “Receiver”) of Lexin Resources Ltd., 0989 Resource Partnership, 1051393 BC Ltd., LR Processing Ltd. and the LR Processing Partnership (collectively the “Lexin Group” or “Lexin”) with the sale of the oil and natural gas properties held by the Lexin Group (the “Properties”).
September 6, 2017, 7:58 AM MDT
Does the Southern Duvernay Oil Play have room to expand? 612 sections (that’s 17 townships) posted for upcoming land sales certainly suggests it does.
September 6, 2017, 6 AM MDT
September 6, 2017, 11:50 AM MDT
The federal government is determined to improve the environmental safety of pipelines for the benefit of all Canadians, Natural Resources Minister Jim Carr said Tuesday in Vancouver.
September 6, 2017, 7:07 AM MDT
An open season for the Keystone System has been extended to Oct. 27, 2017, due to the historic flooding and catastrophic impacts to Houston and parts of the United States Gulf Coast, says TransCanada Corporation.
September 6, 2017, 8:40 AM MDT
BlendForce Energy Inc. announces sale of Class 1B disposal well and blending facility.
September 6, 2017, 6 AM MDT
Emissions Reduction Alberta (ERA) and Alberta Innovates are hosting SPARK 2017 — November 6-8 — to support game-changing solutions to reduce greenhouse gas emissions and advance the bioindustrial sector.
September 6, 2017, 8:03 AM MDT
September 6, 2017, 5:37 PM MDT
Crude oil shippers on Kinder Morgan Canada Limited’s Trans Mountain pipeline system will be able to deliver 84 per cent of their nominated volumes overall in September for a 16 per cent overall apportionment.
September 6, 2017, 8:50 AM MDT
In today’s tough energy market, squeezing out every drop of operational performance is critical to secure the most value from a deal.
September 6, 2017, 6 AM MDT
September 6, 2017, 8:45 AM MDT
Canadian international oil & gas companies (IOCs) have a wide-reaching impact with some 136 companies conducting business in over 36 countries on six continents, producing an estimated net one million barrels of oil equivalent per day. CGEF uniquely acts as both a point of contact and a place to develop and promote working relationships across the industry.
September 6, 2017, 6 AM MDT
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