Technology

Oil Majors Enter Direct Air Capture Tech Race With Investment In Carbon Engineering

Cleantech investment vehicles of U.S. oil majors Chevron Corporation and Occidental Petroleum Corporation have invested an undisclosed sum in Squamish, B.C.-based Carbon Engineering Ltd. to accelerate the commercialization of its direct air capture (DAC) technology that removes CO2 directly from the atmosphere.

January 9, 2019, 10:53 AM MST


Bitumen Beyond Combustion Program Invests $2 Million In Research

Seven projects will share $2 million in funding from the Bitumen Beyond Combustion (BBC) open call program, Alberta Innovates has announced.

January 9, 2019, 6 AM MST


New Technology Unlocks A Billion Bbls Of Oil In Gulf Of Mexico

January 8, 2019, 10:04 AM MST


Energy Excellence Awards – Get Your Nominations In Today!

With the Canadian energy industry apparently under siege, as it suffers from negatives such as volatile oil prices, lack of pipeline access to markets and government policies that threaten its competitiveness, there’s a new initiative that will focus on the positives of the entire energy sector and the steps it continues to take to play a leading role in the country’s economy.

January 8, 2019, 7:58 AM MST


Yangarra Sets $100 Million Capital Budget For 2019, Down From 2018

Yangarra Resources Ltd. expects to increase annual production to 13,000 boe/d to 14,000 boe/d this year with an initial capital budget of $100 million that includes drilling of 24 wells.

January 8, 2019, 6 AM MST


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