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Putin Says Oil at $60 Suits Russia as OPEC Weighs More Supply

May 25, 2018 by Henry Meyer and Rosalind Mathieson (Bloomberg)  Oil prices at $60 a barrel fully suit Russia and the country doesn’t want them to spiral higher, President Vladimir Putin said. “We’re not interested in an endless rise in the price of energy and oil,” Putin told reporters at the International Economic Forum in … Read morePutin Says Oil at $60 Suits Russia as OPEC Weighs More Supply

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Oil Plunges Most in 11 Months as Saudis Hint Taps Will Open Up

May 25, 2018 by Catherine Ngai and Robert Tuttle (Bloomberg)  Oil prices fell the most in 11 months in New York as Saudi Arabia said it expects OPEC and its partners to boost supplies later this year, easing restraints intact since early 2017. U.S. futures were down 4 percent, the biggest drop since July 5, … Read moreOil Plunges Most in 11 Months as Saudis Hint Taps Will Open Up

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U.S. drillers add most rigs in week and month since February

May 25 (Reuters) – U.S. energy companies added the most oil rigs in both a week and a month since February as drillers continued to return to the well pad with crude prices at their highest since late 2014. The total oil rig count rose by 15 to 859 in the week to May 25, … Read moreU.S. drillers add most rigs in week and month since February

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Canada Weekly Rig Count Down 2 to 81 for Week Ending May 25, 2018

Drilling Rig 400x270

Canada’s drilling rigs went down by 2 to the current count of 81 actively drilling rigs according to data collected by Baker Hughes for the week of May 25th. From one week ago, Alberta rig counts decreased 4 to 58 and the Saskatchewan rig count increased by 3 to 9. Oil drilling went down 3 … Read moreCanada Weekly Rig Count Down 2 to 81 for Week Ending May 25, 2018

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Five Things to Know in World Business – May 25, 2018

May 25, 2018 by Lorcan Roche Kelly (Bloomberg)  Kim ready to meet Trump any time, OPEC and Russia said to discuss increasing oil supply, and political pressure builds in Europe. Here are some of the things people in markets are talking about today. Summit off North Korea expressed surprise that President Donald Trump canceled the June 12 … Read moreFive Things to Know in World Business – May 25, 2018

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Oil Falls Below $70 as Saudi Arabia Sees Oil Supply Increase

May 25, 2018 by Grant Smith and Sharon Cho (Bloomberg)  Oil fell below $70 a barrel in New York for the first time in two weeks as Saudi Arabia said it expects OPEC and its partners to increase supplies later this year, easing some of the restraint they’ve shown since early 2017. U.S. futures fell … Read moreOil Falls Below $70 as Saudi Arabia Sees Oil Supply Increase

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China Warns of Canada Investment Chill After Aecon Deal Blocked

May 24, 2018 by Josh Wingrove (Bloomberg) China is warning of a Canadian investment chill after the rejection of the Aecon Group Inc. takeover Prime Minister Justin Trudeau’s government on Wednesday killed a proposed Chinese takeover of the Toronto-based construction firm, citing advice from national security agencies. Following the decision, the Chinese Embassy in Ottawa … Read moreChina Warns of Canada Investment Chill After Aecon Deal Blocked

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Connacher Commences Phase II of Sale and Investment Solicitation Process

May 24, 2018 CNW CALGARY, May 24, 2018 /CNW/ – Connacher Oil and Gas Limited (“Connacher” or the “Company”) announces that it will be proceeding to Phase II of its new sale and investment solicitation process for the Company’s business and assets (the “SISP”) being conducted in conjunction with Connacher’s proceedings under the Companies’ Creditors Arrangement Act (“CCAA”) with the assistance … Read moreConnacher Commences Phase II of Sale and Investment Solicitation Process

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Keyera Acquires U.S. Liquids Terminal Business

May 24, 2018 CNW CALGARY, May 24, 2018 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) today announced that its wholly owned subsidiary, Keyera Energy Inc., has entered into an agreement to acquire a logistics and liquids blending terminal located near Tulsa, Oklahoma. The terminal receives, blends and delivers diluent, the majority of which is transported by pipeline from the Mont … Read moreKeyera Acquires U.S. Liquids Terminal Business

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Keystone XL: Disputed pipeline backed by Trump is focus of court hearing

Keystone XL pipeline

May 24, 2018 BILLINGS, Mont. – Trump administration attorneys were due in a Montana courtroom Thursday to defend the disputed Keystone XL oil sands pipeline against environmental groups and Native American groups that want to derail the project. The 1,179-mile (1,800-kilometre) line proposed by TransCanada Corporation was rejected in 2015 by former President Barack Obama … Read moreKeystone XL: Disputed pipeline backed by Trump is focus of court hearing

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OPEC, Russia Prepared to Raise Oil Output Under U.S. Pressure

May 25, 2018, by Katya Golubkova, Dmitry Zhdannikov and Rania El Gamal ST PETERSBURG/DUBAI (Reuters) – Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, while OPEC’s chief said a complaint from U.S. President Donald Trump over high prices had triggered the idea of … Read moreOPEC, Russia Prepared to Raise Oil Output Under U.S. Pressure

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Macro Enterprises Inc. Announces 2018 First Quarter Results

May 24, 2018  | Source: Macro Enterprises Inc. FORT ST. JOHN, British Columbia, May 24, 2018 (GLOBE NEWSWIRE)   Summary of financial results (thousands of dollars except per share amounts)      Three months ended March 31     2018 2017     (unaudited) (unaudited)           Revenues $8,799 $12,741         … Read moreMacro Enterprises Inc. Announces 2018 First Quarter Results

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The City of Vancouver, Squamish Nation Lose Legal Trans Mountain Pipeline Challenges

May 24, 2018 by The Canadian Press VICTORIA — The City of Vancouver and Squamish Nation have lost legal challenges aimed at quashing an environmental assessment certificate issued by the British Columbia government for the Trans Mountain pipeline expansion. The B.C. Supreme Court issued separate written judgments today in the cases. The previous B.C. Liberal … Read moreThe City of Vancouver, Squamish Nation Lose Legal Trans Mountain Pipeline Challenges

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PODCAST: Mind the Gap, Overcoming the board digital deficit – Geoffrey Cann

With oil and gas quite far behind in adopting digital innovations, what can Boards do to move the needle? Listen to the following Podcast by Geoffrey Cann Duration: 7m 54s About Geoffrey Cann Geoffrey Cann is a consulting Partner with Deloitte in Calgary, Alberta, Canada. He is deeply passionate about the impacts that digital innovation will have on the oil and gas industry. His 30 … Read morePODCAST: Mind the Gap, Overcoming the board digital deficit – Geoffrey Cann

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Bravo Target Safety Announces Partnership with Capstone Oilfield Services for Provision of Well Control and Blowout Recovery Services in Western Canada

Well control and blowout recovery services a logical complement to emergency response and safety services CALGARY, CANADA (PRWEB) MAY 24, 2018 Bravo Target Safety, a leading provider of industrial and oilfield emergency response and safety services, today announced a partnership with Capstone Oilfield Services, a company specialized in well control and blowout recovery services. From its … Read moreBravo Target Safety Announces Partnership with Capstone Oilfield Services for Provision of Well Control and Blowout Recovery Services in Western Canada

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WATCH: Canada: We Need to Talk – Let’s Stop Being “Sorry” for Our Great Resources: Please Share With All Canadians

Talk is cheap, sure, but failing to engage in meaningful conversation about important issues, challenges and opportunities is far more costly. Calgary Economic Development is adding their voice to the conversation about energy in Canada and reinforcing the national importance of this discussion. To do so, they shot a video Canada, We Need to Talk that addresses … Read moreWATCH: Canada: We Need to Talk – Let’s Stop Being “Sorry” for Our Great Resources: Please Share With All Canadians

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Canada’s pipeline infrastructure designed to meet the needs of the past, not the future: CIBC Report

Gibson Energy - Pipeline Network

May 24, 2018 CNW Enhanced capacity is crucial to foreign investment and country’s competitiveness TORONTO, May 24, 2018 /CNW/ – Additional pipeline capacity for Canadian oil coming online over the next few years won’t be enough to solve significant bottleneck pressures with mounting associated costs for the industry and the country, finds a new report … Read moreCanada’s pipeline infrastructure designed to meet the needs of the past, not the future: CIBC Report

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Oil Extends Slide as Russia Talks of Easing OPEC Supply Curbs

Oil-Prices

May 24, 2018 by Grant Smith (Bloomberg)  Oil declined for a third day in New York after Russia’s energy minister reiterated that OPEC and its partners will discuss phasing out supply curbs when they meet next month. West Texas Intermediate futures slipped 1.2 percent, extending their pullback from the three-year high reached on Tuesday. Russia … Read moreOil Extends Slide as Russia Talks of Easing OPEC Supply Curbs

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National Energy Board Recommends Approval of $1.4 Billion North Montney Mainline Project Variance

May 24, 2018  | Source: TransCanada Corporation CALGARY, Alberta, May 24, 2018 (GLOBE NEWSWIRE) — TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that the National Energy Board (NEB) has recommended the federal government approve a variance to the previously issued North Montney Mainline Project certificate, which would allow construction to start on the proposed $1.4 billion natural … Read moreNational Energy Board Recommends Approval of $1.4 Billion North Montney Mainline Project Variance

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Cordy Oilfield Services Inc. Reports First Quarter 2018 Results

May 23, 2018 18:13 ET | Source: Cordy Oilfield Services Inc. CALGARY, Alberta, May 23, 2018 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (TSX-V:CKK) released today its first quarter 2018 results.   Three months ended March 31, ($ 000’s) 2018 2017 ($) Change Revenue Environmental Services   4,983   3,607 1,376 Heavy Construction   142 … Read moreCordy Oilfield Services Inc. Reports First Quarter 2018 Results

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Strategic Oil & Gas Ltd. Announces First Quarter 2018 Financial and Operating Results

May 24, 2018 08:00 ET | Source: Strategic Oil & Gas Ltd CALGARY, Alberta, May 24, 2018 (GLOBE NEWSWIRE) — Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSXV:SOG) is pleased to report financial and operating results for the three months ended March 31, 2018. Detailed results and additional information are presented in Strategic’s interim condensed consolidated financial … Read moreStrategic Oil & Gas Ltd. Announces First Quarter 2018 Financial and Operating Results

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Russia Says it, Saudi Arabia have Common View on Oil Deal

May 24, 2018 ST PETERSBURG (Reuters) – Russia and Saudi Arabia have a common position on the future of the oil output cut deal, Russian Energy Minister Alexander Novak said on Thursday, while Russia’s Lukoil (LKOH.MM) said the deal should remain in place but needs to be altered. “We have a common position,” Novak said … Read moreRussia Says it, Saudi Arabia have Common View on Oil Deal

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Democrats Urge Trump to `Stand Up to OPEC’ Amid Rising Oil Price

May 23, 2018, by Stephen Cunningham (Bloomberg) Senate Democrats are urging President Donald Trump to rein in OPEC with pump prices at a three-year high, and even send his energy secretary to the cartel’s June meeting to reinforce the message. The reality is that Trump has few tools at his disposal to make life more … Read moreDemocrats Urge Trump to `Stand Up to OPEC’ Amid Rising Oil Price

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Five Things to Know in World Business – May 24, 2018

May 24, 2018, by Lorcan Roche Kelly (Bloomberg) Auto-threat President Donald Trump is pushing for new tariffs on cars and trucks imported to the U.S., a move which will serve to aggravate the country’s closest international allies. An additional duty of up to 25 percent is under consideration, a person familiar with the matter said. The statement … Read moreFive Things to Know in World Business – May 24, 2018

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Stung by pipeline dispute, Alberta refuses to sign statement at western premiers meeting

Rachel Notley boycotted conference in Yellowknife because of province’s dispute with B.C. Emily Blake · CBC News  B.C. Premier John Horgan, N.W.T. Premier Bob McLeod and Manitoba Premier Brian Pallister. The leaders gathered in Yellowknife Wednesday for the Western Premiers Conference. As western premiers met in Yellowknife Wednesday to discuss pharmacare, infrastructure, justice and community safety, the … Read moreStung by pipeline dispute, Alberta refuses to sign statement at western premiers meeting

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More pipeline politics: NDP Federal Leader Singh says “No” to Trans Mountain, but “Maybe” to running in B.C. byelection

May 23, 2018 by The Canadian Press OTTAWA — NDP Leader Jagmeet Singh says he now opposes expanding the Trans Mountain pipeline — but he insists it has nothing to do with the fact a House of Commons seat is opening up in a riding where supporting the pipeline could hurt his chances. With two NDP premiers … Read moreMore pipeline politics: NDP Federal Leader Singh says “No” to Trans Mountain, but “Maybe” to running in B.C. byelection

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PetroShale Announces Financial and Operating Results for First Quarter 2018

May 23, 2018 Globe Newswire CALGARY, Alberta, May 23, 2018 (GLOBE NEWSWIRE) — PetroShale Inc. (“PetroShale” or the “Company”) (TSXV:PSH) (OTCQX:PSHIF) is pleased to announce its financial and operating results for the three month period ended March 31, 2018. The Company’s unaudited consolidated financial statements and corresponding Management’s Discussion and Analysis (MD&A) for the period will … Read morePetroShale Announces Financial and Operating Results for First Quarter 2018

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The United States is a net energy importer from Canada – EIA

  Canada is the largest energy trading partner of the United States, based on the combined value of energy exports and imports. Although the value of bilateral energy trade with Canada has varied over the past decade, driven primarily by changes in the prices of oil and natural gas, the overall structure of bilateral energy … Read moreThe United States is a net energy importer from Canada – EIA

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Shale Boom Buyout King Sees Redemption After $2 Billion Meltdown

May 23, 2018 by Alex Nussbaum (Bloomberg) John Walker was a toddler in 1947 when his father died of a heart attack. He bused tables to work his way through Texas Tech University and then spent a year on a naval destroyer fighting in the Vietnam War. The past four years, though, may have been … Read moreShale Boom Buyout King Sees Redemption After $2 Billion Meltdown

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Morneau pressed to reveal true cost for families from federal carbon tax but can’t give specifics

May 22, 2018 OTTAWA – Conservative MP Pierre Poilievre repeatedly tried to squeeze answers out of Finance Minister Bill Morneau during a marathon Commons session Tuesday night that featured a barrage of questions on the potential costs of the federal carbon tax for Canadian families. Poilievre was the first political rival to get a crack … Read moreMorneau pressed to reveal true cost for families from federal carbon tax but can’t give specifics

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Fuel Efficient Cars a Bigger Threat for Oil than Electric Vehicles

May 22, 2018, by Bloomberg (Arabian Business) Saudi Arabia is investing in ways to prolong the demand for petroleum. Oil demand is set to face an even bigger threat from fuel-efficient engines than from electric vehicles over the next two decades, according to Bloomberg New Energy Finance. Engine and other vehicle improvements that increase the … Read moreFuel Efficient Cars a Bigger Threat for Oil than Electric Vehicles

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British Columbia Says It is not Delaying Canadian Pipeline Expansion

May 22, 2018 VANCOUVER (Reuters) – British Columbia’s attorney general said on Tuesday that the West Coast province is not delaying Kinder Morgan Canada’s (KML.TO) Trans Mountain pipeline expansion, despite the company’s saying that B.C.’s opposition was making the build “untenable.” The attorney general, David Eby, told reporters that British Columbia is approving Trans Mountain … Read moreBritish Columbia Says It is not Delaying Canadian Pipeline Expansion

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Five Things to Know in World Business – May 23, 2018

May 23, 2018, by Lorcan Roche Kelly (Bloomberg) Maybe not President Donald Trump said there is a very substantial chance his summit with North Korean leader Kim Jong Un scheduled for next month in Singapore “won’t work out” during an Oval Office meeting with South Korea’s Moon Jae-in. Trump also said yesterday that he is looking … Read moreFive Things to Know in World Business – May 23, 2018

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Rally Today in Ottawa to Support Trans Mountain Pipeline & LNG Canada Projects

In just over a week, project proponents will decide whether to move forward on the TransMountain pipeline expansion, and today supporters will be in Ottawa to send a final, clear message that the country is ready to move ahead with construction. Canada Action and Rally 4 Resources will hold a public event May 23 in Ottawa to drive home the message once and … Read moreRally Today in Ottawa to Support Trans Mountain Pipeline & LNG Canada Projects

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Craig: Taxpayers are getting clobbered at the pumps

May 22, 2018  by Colin Craig           Twenty seven dollars – that’s how much Albertans are paying in carbon taxes each time they fill up their Dodge minivan at the gas pumps. Those driving a Nissan Rogue will spend about $20 in carbon taxes for each fill up while Ford F150 owners will pay about $31 in … Read moreCraig: Taxpayers are getting clobbered at the pumps

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Russia Does Not Rule Out Extension of OPEC Oil Production Cut

May 22, 2018 MOSCOW (Reuters) – Russia’s energy ministry does not rule out a global oil production cut deal led by OPEC and Moscow being extended to 2019, Roman Marshavin, head of its international cooperation department, said in the text of a speech obtained by Reuters. In the speech, which was dated May 22, Marshavin … Read moreRussia Does Not Rule Out Extension of OPEC Oil Production Cut

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OPEC May Decide to Ease Oil Supply Curbs in June

May 22, 2018, by Rania El Gamal and Alex Lawler KHOBAR, Saudi Arabia/LONDON (Reuters) – OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going too far, OPEC and oil industry sources familiar with the discussions … Read moreOPEC May Decide to Ease Oil Supply Curbs in June

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Resource Energy Solutions Announces Shortlisted for the Innovation in Technology: Controls, GPS 2018 Award

We are Shortlisted RES is happy to announce our being shortlisted for the Innovation in Technology: Controls, Award… We have been shortlisted along with the following innovators:   Come to Booth 7344 at the 2018 Global Petroleum Show to see our soon to be released TORC – Total Operations Risk Control in action and to enter a chance to … Read moreResource Energy Solutions Announces Shortlisted for the Innovation in Technology: Controls, GPS 2018 Award

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Redwater Orphan Well Case will affect the way E&Ps estimate and manage Asset Retirement Obligations – Xi Technologies

No matter which way Canada’s Supreme Court rules, in the post-Redwater world it will be essential for E&P companies, lenders, and other investors to have an early and realistic estimate of the asset retirement obligation (ARO) associated with an oil and gas asset. If the Court rules in favour of the AER and the Orphan … Read moreRedwater Orphan Well Case will affect the way E&Ps estimate and manage Asset Retirement Obligations – Xi Technologies

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Need creative animation for your company video? Check out one of our Energy Videos!! – Endeavor Digital

 Learn more: Endeavor Digital Demonstrate your product or service online with 3D animation. Endeavor Digital works to distill complex information into easy to understand B2B communication tools, through high quality computer generated imagery. Communicate project details effectively to investors, and decision makers. From technological demonstrations, OH&S training, as well as public relations, we have … Read moreNeed creative animation for your company video? Check out one of our Energy Videos!! – Endeavor Digital

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Green Shift to Slash Oil Company Income by $19 Trillion to 2040

May 22, 2018 by Rachel Morison (Bloomberg)  The global transition to electric vehicles and renewable sources of power will see oil company revenue plummet. The rollout of 540 million electric vehicles by 2040 will cause oil demand to peak in the mid-2020s, slashing income by $19 trillion, according to Oxford, England-based Aurora Energy Research Ltd. … Read moreGreen Shift to Slash Oil Company Income by $19 Trillion to 2040

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Notley to skip premiers conference so she can focus on pipeline deal

EDMONTON — There won’t be any fireworks between the premiers of Alberta and British Columbia at the Western premiers conference this week, because Alberta Premier Rachel Notley isn’t going. B.C.’s John Horgan and Notley, who have butted heads over the Trans Mountain pipeline expansion project, were both scheduled to be in Yellowknife at the conference, … Read moreNotley to skip premiers conference so she can focus on pipeline deal

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Storage Will Be the Next Big Thing in Energy: David Fickling

May 20, 2018 by David Fickling (Bloomberg Opinion)  Think the plummeting costs of solar and wind are transforming the energy landscape? Then you should be betting on ways to warehouse that power. To understand why, consider: Unlike almost all their rivals in the energy-generation space, solar panels and wind turbines are mass-produced goods. That means they’re subject to the … Read moreStorage Will Be the Next Big Thing in Energy: David Fickling

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Delphi Energy Provides Operations Update in Advance of Its 2018 Annual General Meeting

May 22, 2018 08:00 ET | Source: Delphi Energy Corporation CALGARY, Alberta, May 22, 2018 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to provide an update  in advance of its Annual General Meeting scheduled for 3:00 p.m. Mountain Time today at the Calgary Petroleum Club. Delphi has carried out a very active capital program … Read moreDelphi Energy Provides Operations Update in Advance of Its 2018 Annual General Meeting

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Oil Rises as Venezuela Sanctions Stoke Crude Supply Risk Concern

Oil-Prices

May 22, 2018 by Tsuyoshi Inajima and Grant Smith (Bloomberg)  Oil extended its three-year high as a new wave of U.S. sanctions on Venezuela stoked concerns over its crude production and as analysts forecast further declines in American stockpiles. Futures in New York added as much as 0.7 percent after Donald Trump ordered sanctions on … Read moreOil Rises as Venezuela Sanctions Stoke Crude Supply Risk Concern

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China Trade Truce May Help Give U.S. LNG a $30 Billion Boost

May 21, 2018, by Naureen S. Malik (Bloomberg) China’s appetite for U.S. liquefied natural gas may be about to get a lot bigger after the two nations agreed to pull back from the brink of a trade war. If China makes a substantial commitment to buying U.S. LNG, it could bring $30 billion back into … Read moreChina Trade Truce May Help Give U.S. LNG a $30 Billion Boost

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Five Things to Know in World Business: May 22, 2018

May 22, 2018, by Lorcan Roche Kelly (Bloomberg) Tariff cuts  Authorities in China announced that they would reduce import duties on passenger cars from 25 percent to 15 percent, effective July 1. The move comes as trade hostilities between the country and the U.S. ease following meetings in Washington last week. Shares of Jaguar Land … Read moreFive Things to Know in World Business: May 22, 2018

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SAVE THE DATE: 20th Annual Big Guns Stampede Breakfast – The Industry’s Biggest: Details & Sponsors HERE

20th Annual Big Guns Stampede Breakfast Each year, all areas of the Energy Industry come to this grand event to celebrate. This year will be no different, only bigger & better! THE EVENT: Western Canada’s Largest Oil Patch Networking Stampede Breakfast WHO WILL BE THERE: Oil & gas producers and service companies from around Western … Read moreSAVE THE DATE: 20th Annual Big Guns Stampede Breakfast – The Industry’s Biggest: Details & Sponsors HERE

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Increase Your Communication Effectiveness 93% – Sandler Training

Sandler-Training

    Written by Hamish Knox; President of Sandler in Calgary, Canada Creating accountable, sales focused organizations in Calgary     When you get an email from a prospect with one of the following requests, what do you do? Send me a quote for… Provide us with more information about… We’d like a proposal… Forward us … Read moreIncrease Your Communication Effectiveness 93% – Sandler Training

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Pipeline Construction Management: How to offset the cost of client prequalification and invoicing requirements – Aimsio

For pipeline construction contractors, the demands of keeping up with the multiple prequalification and invoicing requirements mandated by each client is costly and labour-intensive. But, to be eligible to work on lucrative projects, companies must be willing to jump through a few hoops. Furthermore, working for multiple clients often calls for prequalification from multiple contractor … Read morePipeline Construction Management: How to offset the cost of client prequalification and invoicing requirements – Aimsio

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The Shaw Charity Classic – How a golf tournament has grown to support over 180 charities across Alberta

In 2013 Clay Riddell and JR Shaw shook hands and embarked on the adventure of bringing a professional golf tournament to Calgary. They weren’t doing it as golf fans, although that didn’t hurt, they were doing it because they wanted a platform to raise money for children’s charities in Alberta. The PGA TOUR Champions gave … Read moreThe Shaw Charity Classic – How a golf tournament has grown to support over 180 charities across Alberta

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What does that certification label mean? – Extreme Telematics Corp. (ETC)

Every product that is certified for use in a hazardous location has a label on the side.  Most operators really only look at what area it is certified to be installed in and ignore the rest of the information.  These other parameters can often be very important when deciding which controller or sensor to purchase … Read moreWhat does that certification label mean? – Extreme Telematics Corp. (ETC)

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How You Can Build Your Business with Video – William Joseph

William Joseph Communications

The popularity of video marketing is soaring, and for good reason. Thanks to mobile devices, virtually everyone has access to online content at all times, and videos have a way of grabbing attention. Research groups like Forbes, Adweek, Google, Cisco and comScore all have similar stats on video consumption and the numbers speak volumes: 80% … Read moreHow You Can Build Your Business with Video – William Joseph

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The foundation of EnerCorp’s continued growth is centred around world-class employees

Enercorp-logo-feature

The foundation of EnerCorp’s continued growth is centred around world-class employees. We believe that industry-leading employees are developed over time. Our people are hired based on EnerCorp core values, trained with a ‘safety first’ mentality, and developed with an expectation for service excellence. Our trainee classes are being taught how to properly rig in sand … Read moreThe foundation of EnerCorp’s continued growth is centred around world-class employees

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Forget About Oil at $80. The Big Rally Is in Forward Prices

Oil-Prices

May 21, 2018 by Catherine Ngai, Alex Longley and Javier Blas (Bloomberg)  Brent crude oil grabbed all the attention after spot prices hit $80 a barrel last week. And yet, almost unnoticed, a perhaps more important rally has occurred in the obscure world of forward prices, with some investors betting the “lower for longer” price … Read moreForget About Oil at $80. The Big Rally Is in Forward Prices

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Trump Willing to Hold Out for Good Nafta Deal, Whatever That Is

May 21, 2018 by Josh Wingrove and Andrew Mayeda (Bloomberg)  With about two weeks left until what may be the final deadline for a new Nafta this year, Mexico and Canada are signaling there’s a deal to be had — if President Donald Trump wants one. U.S. Treasury Secretary Steven Mnuchin, speaking in a Fox … Read moreTrump Willing to Hold Out for Good Nafta Deal, Whatever That Is

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Five Things to Know in World Business – May 21, 2018

May 21, 2018 by Lorcan Roche Kelly (Bloomberg)  Trade war “on hold,” Italian populists pick a prime minister, and strong dollar’s days may be numbered. Here are some of the things people in markets are talking about today. Detente “We’re putting the trade war on hold,” Treasury Secretary Steven Mnuchin said Sunday after the U.S. and … Read moreFive Things to Know in World Business – May 21, 2018

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Iran Says Europe’s Support for Nuclear Deal Not Enough

FILE PHOTO: Iranian Foreign Minister Mohammad Javad Zarif attends a meeting with his Russian counterpart Sergei Lavrov in Moscow, Russia April 28, 2018. REUTERS/Grigory Dukor

May 20, 2018, by Alissa de Carbonnel TEHRAN (Reuters) – The European Union is not doing enough to preserve the benefits for Iran from the 2015 international nuclear pact following the withdrawal of the United States, Iran’s foreign minister told the EU’s energy chief on Sunday. Miguel Arias Canete, European Commissioner for energy and climate, … Read moreIran Says Europe’s Support for Nuclear Deal Not Enough

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Exclusive: BP Chief Sees Shale, OPEC Cooling Oil Markets

May 18, 2018, by Ron Bousso and Dmitry Zhdannikov (Reuters) U.S. President Donald Trump’s decision to exit an international nuclear deal with Iran and revive sanctions on the OPEC member country, as well as Venezuela’s plummeting output, has helped to lift oil prices to their highest since 2014. But BP sees oil falling to between … Read moreExclusive: BP Chief Sees Shale, OPEC Cooling Oil Markets

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High Arctic Announces Appointments of New Director and Chief Financial Officer

May 18, 2018 09:00 ET | Source: High Arctic Energy Services Inc. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.  ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, May 18, 2018 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX:HWO) (“High Arctic” or the … Read moreHigh Arctic Announces Appointments of New Director and Chief Financial Officer

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Oil Posts Sixth Straight Weekly Gain After Touching $80

May 18, 2018 by Jessica Summers (Bloomberg)  Crude in London posted the longest stretch of weekly gains since 2011 in a market seen as being increasingly balanced as a result of OPEC’s production cuts. Both Brent and West Texas Intermediate crude slipped in Friday’s trade, paring weekly gains. Global prices have been supported this week … Read moreOil Posts Sixth Straight Weekly Gain After Touching $80

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Canada Weekly Rig Count Up 4 to 83 for Week Ending May 18, 2018

Drilling Rig 400x270

Canada’s drilling rigs went up by 4 to the current count of 83 actively drilling rigs according to data collected by Baker Hughes for the week of May 18th. From one week ago, Alberta rig counts stayed the same at 62 and the Saskatchewan rig count increased by 2 to 6. Oil drilling went up … Read moreCanada Weekly Rig Count Up 4 to 83 for Week Ending May 18, 2018

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U.S. oil rig count holds steady after six weeks of gains -Baker Hughes

May 18, 2018 Reuters The U.S. oil rig count held steady this week after rising for six weeks in a row even as crude prices soar to multi-year highs, prompting drillers to extract record amounts of oil, especially from shale. The total oil rig count held at 844 in the week to May 18, General … Read moreU.S. oil rig count holds steady after six weeks of gains -Baker Hughes

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Oil Rides Best Weekly Winning Streak Since 2011 as Risks Mount

Oil-Prices

May 18, 2018 by Heesu Lee and Alex Longley (Bloomberg)  Oil in London is set for the longest run of weekly gains in seven years as concern over supply disruptions from the Middle East to Venezuela grows and a global glut dissipates. Brent is heading for a sixth weekly advance after topping $80 a barrel … Read moreOil Rides Best Weekly Winning Streak Since 2011 as Risks Mount

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For Sale: Stalled Pipeline Project, Angry Protesters Included

May 18, 2018 by Robert Tuttle and Michael Bellusci (Bloomberg)  Justin Trudeau’s pipeline nightmare may be only getting started. As Kinder Morgan Inc. drives a hard bargain in Canada’s attempt to save the Houston-based company’s embattled Trans Mountain project, the prime minister could end up fighting for an asset that hardly anybody wants. Pipeline giant … Read moreFor Sale: Stalled Pipeline Project, Angry Protesters Included

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Petrus Resources Announces Term Loan Extension and Credit Facility Update

May 17, 2018 Globe Newswire CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX:PRQ) is pleased to announce a one year extension of its second lien term loan maturity date and the completion of the 2018 annual review of its revolving credit facility (“RCF”). SECOND LIEN TERM LOAN Petrus … Read morePetrus Resources Announces Term Loan Extension and Credit Facility Update

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Enbridge Announces Simplification of Corporate Structure with Proposals to Acquire All of the Outstanding Sponsored Vehicle Equity Securities

May 17, 2018 Highlights of the proposed restructuring: Enbridge to buy-in sponsored vehicles (EEP/EEQ, SEP and ENF) in exchange for Enbridge common shares Fixed exchange ratios reflect an aggregate value of CAN$11.4 billion, or 272 million Enbridge common shares Post-closing all sponsored vehicle equity securityholders would hold the same publicly traded equity security in a … Read moreEnbridge Announces Simplification of Corporate Structure with Proposals to Acquire All of the Outstanding Sponsored Vehicle Equity Securities

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Canadian Government optimism over pipeline interest may be misplaced

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May 17, 2018 Reuters WINNIPEG, Manitoba (Reuters) – The Canadian government’s optimism that outside investors would be interested in taking over a Kinder Morgan Canada oil pipeline project if the company pulls out might be misplaced, said energy industry sources and analysts. Finance Minister Bill Morneau said on Wednesday that Canada was prepared to cover some … Read moreCanadian Government optimism over pipeline interest may be misplaced

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Husky Announces Exploration Success in Asia Pacific and Atlantic Regions; Signs New PSCs in Asia

May 18, 2018 07:00 ET | Source: Husky Energy Inc. CALGARY, Alberta, May 18, 2018 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) has drilled a successful exploration well in the South China Sea offshore China, made a discovery in the Atlantic region offshore Newfoundland and Labrador and signed two new Production Sharing Contracts (PSCs) in Asia. ASIA PACIFIC REGION Exploration Success … Read moreHusky Announces Exploration Success in Asia Pacific and Atlantic Regions; Signs New PSCs in Asia

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Five Things to Know in World Business – May 18, 2018

May 18, 2018, by Lorcan Roche Kelly (Bloomberg) What $200 billion? China disputed reports this morning that it had offered to reduce its annual trade surplus with the U.S. by $200 billion, with a foreign ministry official saying he was unaware of any such concession. However, the country is adopting a conciliatory stance in talks … Read moreFive Things to Know in World Business – May 18, 2018

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Saudi Arabia Assures on Supply as Oil Hits $80 a Barrel

May 18, 2018, by Nidhi Verma and Rania El Gamal RIYADH (Reuters) – Saudi Arabia said on Friday it is consulting other oil producers in and outside OPEC to ensure the world has adequate supplies to support economic growth after prices hit $80 a barrel for the first time since 2014. OPEC’s most influential energy … Read moreSaudi Arabia Assures on Supply as Oil Hits $80 a Barrel

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As Oil Prices Surge, U.S. Service Providers Eye Growing Labor Shortage

May 17, 2018, by Liz Hampton HOUSTON (Reuters) – Finding roughnecks remains a challenge for oil drillers as rising crude prices increase demand for their services, oilfield executives said on Thursday at a conference in Houston. Oilfield service suppliers cut tens of thousands of workers following the 2014 oil-price collapse, and skilled employees have moved … Read moreAs Oil Prices Surge, U.S. Service Providers Eye Growing Labor Shortage

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Canada Minister Eyes Pension Funds for Kinder Morgan Project

May 17, 2018, by Matt Scuffham and Rod Nickel TORONTO/WINNIPEG, Manitoba (Reuters) – Canada’s Finance Minister Bill Morneau on Thursday highlighted the country’s pension funds as possible investors in Kinder Morgan Inc’s (KMI.N) pipeline expansion, but industry sources were skeptical about attracting new investors. Morneau on Wednesday raised the prospect of foreign funding, saying “plenty … Read moreCanada Minister Eyes Pension Funds for Kinder Morgan Project

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More Excitement, More Optimism: Register today to witness the future of the energy industry – GPS 2018

GPS2018_Logo_50_Years_Innovation_Feature

Oil prices may continue to rally past 3½-year highs and all the way to $85 a barrel as early as July, according to Pulitzer Prize-winning author and closely followed energy analyst Dan Yergin. Additionally, employment in Canada’s oil and gas industry rose for the third consecutive quarter in Q1/2018, according to the latest data from PetroLMI. This week’s … Read moreMore Excitement, More Optimism: Register today to witness the future of the energy industry – GPS 2018

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Learn to read P&ID’s and Engineering Drawings Interpretation, Calgary June 4-5, 2018 – ACM Facility Safety

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Piping & Instrumentation Diagrams and Engineering Drawings Interpretation June 4-5, 2018 Calgary, AB Knowing the basics allows people to make their facilities and the world a safer place! Learning to interpret information on Piping and Instrumentation Drawings (P&ID) will set you apart from your peers, whether you are an Operator, EIT, Engineer, or Manager In … Read moreLearn to read P&ID’s and Engineering Drawings Interpretation, Calgary June 4-5, 2018 – ACM Facility Safety

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WEO Analysis: Is natural gas in good shape for the future?

IEA Logo Feature

The prospects for natural gas will assessed against three criteria: is it affordable, is it secure, and is it clean?  Article: https://www.iea.org/newsroom/news/2018/may/weo-analysis-is-natural-gas-in-good-shape-for-the-future.html “Are we entering a Golden Age of Gas?” – That was the question the International Energy Agency asked in 2011 when examining the combination of market dynamics and policies that might allow natural gas to thrive … Read moreWEO Analysis: Is natural gas in good shape for the future?

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CANADIAN TAXPAYERS FEDERATION CALLS FOR ELIMINATION OF FEDERAL EXCISE TAX ON GASOLINE

May 17, 2018 Removing federal excise tax would reduce gas prices by 10 cents per litre CTF celebrates 20th annual Gas Tax Honesty Day Related News Releases: Ontario | Québec | Manitoba | Alberta OTTAWA, ON: The Canadian Taxpayers Federation (CTF) is calling on the federal government to remove the federal excise tax on gasoline in order to give Canadians relief at the … Read moreCANADIAN TAXPAYERS FEDERATION CALLS FOR ELIMINATION OF FEDERAL EXCISE TAX ON GASOLINE

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Alberta passes bill ‘to turn off the taps’ to B.C. over pipeline delays

If pipeline issue not settled, Premier Rachel Notley says she is ‘ready and prepared to turn off the taps’ Michelle Bellefontaine · CBC News Alberta has passed legislation giving the province’s energy minister the power to choke off gasoline shipments to British Columbia if that province continues to throw up barriers to the Trans Mountain … Read moreAlberta passes bill ‘to turn off the taps’ to B.C. over pipeline delays

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Why Canada’s Oilpatch Still Struggles As Oil Prices Rise – David Yager

David-Yager-Feature Image

By David Yager Oilfield Services Executive Advisory – Energy Policy Analyst It wasn’t an apology nor admission of wrongdoing. But it was certainly an about face for Steve Williams, the CEO of Suncor Energy Inc. On May 3 Williams was very explicit about why Suncor would not be investing in any new projects in Canada. … Read moreWhy Canada’s Oilpatch Still Struggles As Oil Prices Rise – David Yager

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Canada gas pipeline build to start in 2019, pending LNG Canada final investment decision

TransCanada-Logo-Feature

May 16, 2018 Reuters VANCOUVER (Reuters) – Construction on TransCanada Corp’s (TRP.TO) C$4.8 billion ($3.8 billion) Coastal GasLink pipeline will start in early 2019, pending a positive final investment decision on the linked LNG Canada project, the head of the pipeline project said on Wednesday. The comments followed a commitment from the chief executive of LNG … Read moreCanada gas pipeline build to start in 2019, pending LNG Canada final investment decision

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Brent Oil Rises to $80 a Barrel in London for First Time Since 2014

May 17, 2018, by Grant Smith and Heesu Lee (Bloomberg) Oil rose to $80 a barrel in London for the first time since 2014 as U.S. crude inventories fell and traders braced for the impact of renewed sanctions on OPEC member Iran. Crude has rallied this month on concern that President Donald Trump’s decision to … Read moreBrent Oil Rises to $80 a Barrel in London for First Time Since 2014

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Iran to Spare no Efforts to Maintain Oil Production: SHANA

May 16, 2018 LONDON (Reuters) – Iran will spare no efforts to maintain its oil production and exports at current levels, oil minister Bijan Zanganeh said on Wednesday, adding Tehran would overcome pressures resulting from the United States’ withdrawal from a nuclear deal. “The current situation will pass and Iran will emerge as a winner,” … Read moreIran to Spare no Efforts to Maintain Oil Production: SHANA

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Five Things to Know in World Business – May 17, 2018

May 17, 2018, by Lorcan Roche Kelly (Bloomberg) Not Libya The Trump administration is distancing itself from National Security Adviser John Bolton’s hard-line stance on North Korea. Press Secretary Sarah Huckabee Sanders told reporters she was “not aware” of plans to use the so-called Libya model, which would force Kim Jong Un’s regime to quickly abandon its … Read moreFive Things to Know in World Business – May 17, 2018

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Kinder Morgan Canada Issues Statement About Trans Mountain

May 16, 2018 CNW CALGARY, May 16, 2018 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) Chairman and Chief Executive Officer Steve Kean issued the following statement in response to Federal Finance Minister Bill Morneau’s press conference earlier today: “We acknowledge the comments by Minister Morneau this morning and appreciate his acknowledgment of the uncertainty created by the BC Government’s stated intentions to … Read moreKinder Morgan Canada Issues Statement About Trans Mountain

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Intelligent visual monitoring solution cuts oil well site visits by 50% – Osprey Informatics

Customer cuts routine well site visits by 50% while enhancing operator productivity and improving incident response. INDUSTRY: Oil and Gas CUSTOMER PROFILE: Major integrated oil and gas company APPLICATION: Remote well site area monitoring “Osprey Reach is an efficient and reliable way to to remotely monitor well sites. The return on investment is clear.” Senior … Read moreIntelligent visual monitoring solution cuts oil well site visits by 50% – Osprey Informatics

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Oil Trades Near $71 as Rising Supply Counters Middle East Risk

Oil-Prices

 May 16, 2018 by Grant Smith (Bloomberg)  Oil traded near $71 a barrel as rising stockpiles and signs of slower demand growth countered concerns Iranian supplies will soon be curbed by sanctions. Futures dropped as much as 0.7 percent in New York. The International Energy Agency trimmed estimates for demand growth, and boosted those for … Read moreOil Trades Near $71 as Rising Supply Counters Middle East Risk

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Commentary: Time for University of Alberta to drop senseless initiative to honour anti-oil zealot Suzuki

May 16, 2017 BY  Cody Battershill  What a strange world the University of Alberta’s president and vice-chancellor appear to inhabit. David Turpin’s venerable institution decided – apparently right out of the blue and without any reasonable explanation – to honour a divisive, zealous opponent of Alberta’s most important sector. Now Turpin, the school’s highest-ranked staffer, … Read moreCommentary: Time for University of Alberta to drop senseless initiative to honour anti-oil zealot Suzuki

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IEA Warns Global Oil Demand May Suffer as Crude Nears $80

IEA Logo Feature

May 16, 2018, by Amanda Cooper LONDON (Reuters) – Global demand for oil is likely to moderate this year, as the price of crude nears $80 a barrel and many key importing nations no longer offer consumers generous fuel subsidies, the International Energy Agency said on Wednesday. The Paris-based IEA cut its forecast for global … Read moreIEA Warns Global Oil Demand May Suffer as Crude Nears $80

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Five Things to Know in World Business – May 16, 2018

May 16, 2018, by Lorcan Roche Kelly (Bloomberg) Kim Jong Unimpressed North Korea has expressed disappointment with U.S. goals for the June 12 summit in Singapore, describing demands that the country surrender its nuclear weapons as “one-sided.” The comments came after the regime abruptly canceled talks with South Korea, citing military exercises. Markets in Seoul seem to … Read moreFive Things to Know in World Business – May 16, 2018

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Tesla Is Said to Lose Energy Leaders Amid Musk Reorganization

May 16, 2018, by Dana Hull and Mark Chediak (Bloomberg) Tesla Inc.’s energy unit has lost two leaders, adding to departures at the electric-car maker while CEO Elon Musk readies a reorganization of the top management team, according to people familiar with the matter. Arch Padmanabhan, the product director for Tesla’s stationary storage unit, and … Read moreTesla Is Said to Lose Energy Leaders Amid Musk Reorganization

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Alberta Pipeline Disrupted as Fire Season Starts in Oil Patch

May 15, 2018 by Robert Tuttle (Bloomberg)  Wildfire season in Alberta began with a blaze that cut power to a key pipeline in the oil sands, causing heavy crude prices to surge. Inter Pipeline Ltd. is in the process of restoring service to parts of its Polaris Pipeline system after power was cut to the … Read moreAlberta Pipeline Disrupted as Fire Season Starts in Oil Patch

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Rising oil prices boost U.S. economy: Kemp

May 15, 2018 Reuters LONDON, May 15 (Reuters) – U.S. net petroleum imports have fallen to the lowest level in more than half a century as a result of the shale revolution, which is profoundly changing the impact higher oil prices have on the economy. Since the 1860s, the United States has been the world’s largest … Read moreRising oil prices boost U.S. economy: Kemp

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LNG Canada committed to starting construction on project in 2018

May 15, 2018 Reuters The chief executive of the LNG Canada project on British Columbia’s northern coast said on Tuesday that the company was committed to starting construction on the C$40 billion liquefied natural gas export project this year.An investment decision on the terminal was delayed in 2016,due to sagging oil prices that hit cash flows, … Read moreLNG Canada committed to starting construction on project in 2018

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Cequence Energy Announces First Quarter 2018 Financial and Operating Results

May 15, 2018 CNW CALGARY, May 15, 2018 /CNW/ – Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce its operating and financial results for the three month period ended March 31, 2018. The Company’s Consolidated Financial Statements and Management’s Discussion and Analysis are available at cequence-energy.com and on SEDAR at www.sedar.com. First quarter & subsequent … Read moreCequence Energy Announces First Quarter 2018 Financial and Operating Results

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Surge Energy Inc. Announces $28.4 Million Sparky Core Area Acquisition; Upward Revision to 2018 Exit Guidance; Increase to Dividend

May 15, 2018 CNW CALGARY, May 15, 2018 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce the execution of a formal purchase and sale agreement for the acquisition (the “Acquisition”) of high netback, waterflooded, crude oil producing assets (the “Assets”) in the Company’s core Sparky area of Central Alberta for a purchase price … Read moreSurge Energy Inc. Announces $28.4 Million Sparky Core Area Acquisition; Upward Revision to 2018 Exit Guidance; Increase to Dividend

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Blockchain Is Being Taken Seriously by Companies, Deloitte Finds

May 15, 2018 by Olga Kharif (Bloomberg) Blockchain may be one of the hottest catchphrases among global companies right now, but a survey from Deloitte LLP finds that it’s more than lip service. Some 43 percent of the respondents said blockchain is one of their top-five strategic priorities. Almost 30 percent of respondents said they’ve … Read moreBlockchain Is Being Taken Seriously by Companies, Deloitte Finds

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Keyera Enters Storage and Terminal Business in Cushing, OK

May 15, 2018 CNW CALGARY, May 15, 2018 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) today announced the development of a crude oil storage and blending terminal in Cushing, Oklahoma. The Wildhorse Terminal (“Wildhorse”) will include 12 above ground tanks with 4.5 million barrels of working storage capacity. The majority of the capacity is backed by fee-for-service, take-or-pay storage arrangements … Read moreKeyera Enters Storage and Terminal Business in Cushing, OK

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On the Rise! Enterprise Group has experienced almost four years of share price consolidation

Enterprise Group logo Feature

Q1/2018 eps $0.06 vs. Q1/2017 eps ($0.02). Enterprise Group has experienced almost four years of share price consolidation, following the vicious 2014 resource sector decline. The Company is now stronger and leaner than pre-2014, and management’s aggressive initiatives have seen the stock price rise to new 52-week highs. The Company remained cashflow positive throughout and … Read moreOn the Rise! Enterprise Group has experienced almost four years of share price consolidation

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The Power Industry’s Killer App: Blockchain – Geoffrey Cann

Block chain could be a new killer app for the power utility sector. It will either kill the industry, or will be used by the industry to kill. Why the Power Industry? Recently I spent a couple of hours with a power utility on the potential impacts that block chain technology could have on the broader utility sector. I structured the meeting with an initial exploration of how blockchain technology actually works by playing a word game that … Read moreThe Power Industry’s Killer App: Blockchain – Geoffrey Cann

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Toyota Canada Gets $220 Million for 450 Jobs! Corporate welfare and the gullible governments who pay it

by Aaron Wudrick, Federal Director Last week, Prime Minister Justin Trudeau and Ontario Premier Kathleen Wynne visited a Toyota plant to announce they were contributing $220 million towards a $1.4 billion investment by the company to create some 450 jobs (which works out to an eye-popping $488,888 subsidy per job.) The justification for such gifts is familiar: … Read moreToyota Canada Gets $220 Million for 450 Jobs! Corporate welfare and the gullible governments who pay it

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Oil Climbs as Mideast Instability Stokes Anxiety About Supply

(Bloomberg) Crude advanced as traders assessed escalating tensions in the Middle East, home to almost half the world’s oil reserves. Futures added 0.4 percent in New York on Monday, while Brent climbed above $78 a barrel for the first time since late 2014. More than fifty Palestinians were killed in protests over the inauguration of … Read moreOil Climbs as Mideast Instability Stokes Anxiety About Supply

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Oil at $100 a Barrel Won’t Hurt World Economy as Much as in 2011

May 15, 2018 by Catherine Bosley (Bloomberg)  The global economic impact of oil hitting $100 a barrel won’t be as big as when that happened in 2011 thanks to changes in the U.S. An analysis by Bloomberg Economics estimated that oil touching the triple-digit mark would shave 0.4 percent off U.S. gross domestic product in … Read moreOil at $100 a Barrel Won’t Hurt World Economy as Much as in 2011

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Five Things to Know in World Business – May 15, 2018

May 15, 2018, by Lorcan Roche Kelly (Bloomberg) Muddy waters Commerce Secretary Wilbur Ross told reporters yesterday that the U.S. is exploring alternative punishments for China’s ZTE Corp. for the “inappropriate things” the company has done, saying any enforcement action would be separate from trade talks. His position seemed to be contradicted by President Donald … Read moreFive Things to Know in World Business – May 15, 2018

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Investors See Big Oil Surge, but Physical Markets Suggest Caution

May 14, 2018, by Devika Krishna Kuman, Libby, George and Florence Tan NEW YORK/LONDON/SINGAPORE (Reuters) – Oil futures prices have soared past three-year highs, OPEC’s deal has cut millions of barrels of inventory worldwide and investors are betting in record numbers that prices could rocket past $80 and even hit $90 a barrel this year. … Read moreInvestors See Big Oil Surge, but Physical Markets Suggest Caution

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U.S. Shale Output to Rise to Record 7.18 mln bpd in June – EIA

NEW YORK, May 14 (Reuters) – U.S. shale production is expected to rise by about 145,000 barrels per day to a record 7.18 million bpd in June, the U.S. Energy Information Administration said on Monday. A majority of the increase is expected to come from the Permian basin, the biggest U.S. oil patch, where output … Read moreU.S. Shale Output to Rise to Record 7.18 mln bpd in June – EIA

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Saturn Oil & Gas Inc. Announces $3,500,000 Brokered Private Placement Led by Canaccord Genuity Corp.

May 14, 2018  | Source: Saturn Oil + Gas Inc SASKATOON, Saskatchewan, May 14, 2018 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX-V:SMI) (FSE:SMK) is pleased to announce that it has engaged Canaccord Genuity Corp. (“Canaccord”) to act as the lead on a commercially reasonable efforts basis, brokered private placement of a … Read moreSaturn Oil & Gas Inc. Announces $3,500,000 Brokered Private Placement Led by Canaccord Genuity Corp.

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Zargon Oil & Gas Ltd. Provides 2018 First Quarter Results and Provides Second Half 2018 Guidance

TSX Symbols: ZAR; ZAR.DB.A May 14, 2018 17:01 ET | Source: Zargon Oil & Gas Ltd. CALGARY, Alberta, May 14, 2018 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2018) Funds flow from operating activities of a negative $0.30 million compare to the positive $1.59 million … Read moreZargon Oil & Gas Ltd. Provides 2018 First Quarter Results and Provides Second Half 2018 Guidance

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Raging River Exploration Inc. Announces First Quarter Operating and Financial Results and Reaffirms Credit Facilities

May 14, 2018  Source: Raging River Exploration Inc. CALGARY, Alberta, May 14, 2018 (GLOBE NEWSWIRE) — Raging River Exploration Inc. (the “Company” or “Raging River”) (TSX:RRX) announces its operating and financial results for the three months ended March 31, 2018. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim financial … Read moreRaging River Exploration Inc. Announces First Quarter Operating and Financial Results and Reaffirms Credit Facilities

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Iron Bridge Resources Reports First Quarter 2018 Financial Results

May 14, 2018 21:16 ET | Source: Iron Bridge Resources Inc. CALGARY, Alberta, May 14, 2018 (GLOBE NEWSWIRE) — Iron Bridge Resources Inc. (“Iron Bridge”, “IBR” or the “Company”) (TSX:IBR) today reports its financial results for the three months ended March 31, 2018. First Quarter 2018 Results Commentary Production In the first quarter, average daily production from the Company’s Gold Creek … Read moreIron Bridge Resources Reports First Quarter 2018 Financial Results

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UAE Expects Next OPEC Meeting to Focus on Inventory not Sanctions

May 13, 2018 ABU DHABI (Reuters) – OPEC is more focused on identifying the right level of oil inventory at its next meeting than the impact on supplies of new U.S. sanctions on Iran, the United Arab Emirates said. President Donald Trump said last week that the United States was exiting an international nuclear deal … Read moreUAE Expects Next OPEC Meeting to Focus on Inventory not Sanctions

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Oil Slips as OPEC Seen Able to Offset Iran Losses From Sanctions

May 14, 2018 by Sharon Cho and Grant Smith (Bloomberg)  Oil held losses below $71 as OPEC signaled it could fill in any supply gap if renewed U.S. sanctions curtail supply from Iran, the group’s third-largest producer. Futures in New York fell as much as 0.6 percent after sliding 0.9 percent Friday. Three members of … Read moreOil Slips as OPEC Seen Able to Offset Iran Losses From Sanctions

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Five Things to Know in World Business – May 14, 2018

May 14, 2018 by Lorcan Roche Kelly (Bloomberg) U.S.-China trade tensions ease, Italy’s populists take the populist route and OPEC has a buffer to offset Iran sanctions. Here are some of the things people in markets are talking about today. ZTEasing Chinese Vice Premier Liu He will travel to the U.S. on Tuesday for trade talks with Treasury … Read moreFive Things to Know in World Business – May 14, 2018

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EnerCorp is focused on being the leader by innovating, not imitating.

Enercorp-logo-feature

Our engineers are always looking for more efficient ways to train our field operations employees. Today, Nikolay is putting the final touches on a scaled down production separator, so employees can experience hands-on training in a safe environment, allowing our team to better understand how this equipment works. Learn more at: https://enercorpsandsolutions.com/efficient-ways-to-train-…/

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FEATURE: Growing Innovative Companies One Strategy at a Time – GridStone

Founded in 2014, GridStone has built a reputation as a trusted advisor and creative firm working to increase business growth and revenue generation for its innovative clients. What was once a marketing firm has since transformed into a collaborative company focusing not only on marketing, but also sales alignment, human resources and intellectual property services. … Read moreFEATURE: Growing Innovative Companies One Strategy at a Time – GridStone

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The Evolution of Hazardous Locations Standards – Extreme Telematics Corp. (ETC)

Anyone that works in oil and gas knows that they have to be concerned with hazardous locations.  Most people know the general lingo and are able to source controls and sensors that meet their needs… or so they think.  The problem is that there is some room for interpretation and hazardous locations standards are an … Read moreThe Evolution of Hazardous Locations Standards – Extreme Telematics Corp. (ETC)

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Danger Lurks Under Surface Level Interviews – Sandler Training

Sandler-Training

    Written by Hamish Knox; President of Sandler in Calgary, Canada Creating accountable, sales focused organizations in Calgary   Interviews are to managers what discovery meetings are to salespeople the difference being the latter group theoretically gets a lot more practise. When a manager is rushed, under pressure to hire or just uncomfortable seeking the … Read moreDanger Lurks Under Surface Level Interviews – Sandler Training

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Does Your Company Have Too Many Layers? See the Signs & Problems HERE – Wendy Ferguson

A Commentary by Wendy Ferguson – BHRLR, CPHR Organizational structure refers to the arrangement of authority, responsibility, reporting relationships and the number of layers within the organization.  The height of an organization represents the number of levels between the CEO and the lowest level of the organization. Organizations evolve for so many reasons: organic growth, … Read moreDoes Your Company Have Too Many Layers? See the Signs & Problems HERE – Wendy Ferguson

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CASE STUDY: 3D Soil Confinement System Repairs Eroded Dikes Protecting LNG Storage Tanks – Presto Geosystems

PrestoGeo Feature

Client: Energy Provider in Northeast United States Project Challenge: Repair 9,300 sm (100,000 sf) of eroding primary and secondary dikes around a Liquid Natural Gas (LNG) storage tank.  The original asphalt cover had deteriorated along the face of the dike largely due to expansion and contraction issues.  A slope adjacent to an access roadway also … Read moreCASE STUDY: 3D Soil Confinement System Repairs Eroded Dikes Protecting LNG Storage Tanks – Presto Geosystems

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Climate Talks Stall as $100 Billion Still Out of Sight

May 12, 2018 by Mathew Carr (Bloomberg)  Two weeks of climate talks organized by the United Nations finished with developing countries demanding more clarity from their richer counterparts on when a promised package of $100 billion in finance will materialize. Envoys from almost 200 nations are leaving Bonn, Germany, on Thursday without producing a draft … Read moreClimate Talks Stall as $100 Billion Still Out of Sight

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U.A.E. Sees OPEC Oil Capacity `Buffer’ Offsetting Iran Sanctions

May 13, 2018, by Mahmoud Habboush, Anthony DiPaola and Tracy Alloway (Bloomberg) OPEC has enough spare production capacity to cushion oil markets if the U.S. re-imposes sanctions on Iran, according to United Arab Emirates Energy Minister Suhail Al Mazrouei. Three members of the Organization of Petroleum Exporting Countries — Saudi Arabia, Kuwait and the U.A.E. … Read moreU.A.E. Sees OPEC Oil Capacity `Buffer’ Offsetting Iran Sanctions

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Raise Production Inc. Announces Private Placement

Raise Production Inc. Announces Private Placement May 11, 2018  Source: Raise Production Inc. CALGARY, Alberta, May 11, 2018 (GLOBE NEWSWIRE) — Raise Production Inc. (TSX-V:RPC) (“Raise” or the “Company”) announces that Synergy Energy Holdings, LLC (“SEH”) has acquired by way of a non-brokered private placement (the “Private Placement”), 10,950,000 common shares of Raise at $0.24 per … Read moreRaise Production Inc. Announces Private Placement

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High Arctic Announces AGM Results

May 12, 2018 | Source: High Arctic Energy Services Inc. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.  ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, May 12, 2018 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX:HWO) (“High Arctic” or the … Read moreHigh Arctic Announces AGM Results

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Questerre reports first quarter 2018 results

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS May 11, 2018 | Source: Questerre Energy Corporation CALGARY, Alberta, May 11, 2018 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX:QEC) (OSE:QEC) reported today on its financial and operating results … Read moreQuesterre reports first quarter 2018 results

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Canada Weekly Rig Count Down 7 to 79 for Week Ending May 11, 2018

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Canada’s drilling rigs went down by 7 to the current count of 79 actively drilling rigs according to data collected by Baker Hughes for the week of May 11th. From one week ago, Alberta rig counts decreased by 6 to 62 and the Saskatchewan rig count increased by 1 to 4. Oil drilling went down … Read moreCanada Weekly Rig Count Down 7 to 79 for Week Ending May 11, 2018

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CRAIG: Taxpayers need a voice in upcoming carbon tax and pipeline court battles

May 11, 2018 – Colin Craig         May 11, 2018 Taxpayers need a voice in upcoming court You could save thousands of dollars in taxes if the Canadian Taxpayers Federation is allowed to intervene in (and helps win) an upcoming court case against the new federal carbon tax. And if we’re successful … Read moreCRAIG: Taxpayers need a voice in upcoming carbon tax and pipeline court battles

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Crude Oil Takes a Breather After Surging on Iran Sanctions

May 11, 2018  by Robert Tuttle (Bloomberg)  Oil slipped, narrowing a second weekly gain, as traders consider the potential supply impact of renewed U.S. sanctions on Iran. Futures in New York dipped back below $71 a barrel Friday, trimming this week’s increase to 1.4 percent. Saudi Arabia is ready to work with other producers to … Read moreCrude Oil Takes a Breather After Surging on Iran Sanctions

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Former vice president Al Gore’s anti-pipeline tweet irritates Alberta premier

CALGARY — Alberta Premier Rachel Notley says an anti-oilsands tweet by former U.S. vice-president Al Gore shows a lack of understanding about the facts.
Gore said on Twitter on Thursday that the Trans Mountain pipeline expansion would be a step backwa…

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U.S. drillers add oil rigs for sixth consecutive week

May 11, 2018 Reuters (Reuters) – U.S. energy companies added oil rigs for a sixth week in a row as crude prices continue to soar to multi-year highs after new sanctions on Iran are anticipated to take some supply out of the market, further supporting U.S. drilling and pushing production to record highs. Drillers added 10 … Read moreU.S. drillers add oil rigs for sixth consecutive week

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Obsidian Energy Announces First Quarter 2018 Financial and Operational Results

May 11, 2018 CALGARY, May 11, 2018 /CNW/ – OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) is pleased to announce its financial and operational results for the three months ended March 31, 2018. All figures are in Canadian dollars unless otherwise stated. David French, President and CEO commented, “Obsidian Energy had … Read moreObsidian Energy Announces First Quarter 2018 Financial and Operational Results

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Shannon Stubbs: Liberals Failing to Take Action on Trans Mountain Expansion

May 11, 2018 With only nine legislative days left before Kinder Morgan’s May 31st deadline, the Liberal government has run out of time to pass legislation to remove roadblocks and delays for the approved expansion of the Trans Mountain pipeline. A month ago, the Prime Minister explicitly promised to introduce legislation to ensure that this important … Read moreShannon Stubbs: Liberals Failing to Take Action on Trans Mountain Expansion

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Five Things to Know in World Business – May 11, 2018

May 11, 2018, by Lorcan Roche Kelly (Bloomberg) Trump test President Donald Trump’s tenure thus far has seen him walk away from international agreements, while showing little acumen for putting new ones together. However, the summit with North Korean leader Kim Jong Un, confirmed for June 12 in Singapore, gives the president the opportunity to … Read moreFive Things to Know in World Business – May 11, 2018

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U.S. Shale’s Public Enemy No. 1 Says Short the Permian and Eagle Ford

May 11, 2018 by Joe Carroll (Bloomberg) The geologist who earned the wrath of shale drillers a decade ago with forecasts that natural gas was about to run out is now warning that the Permian Basin has just seven years of proven oil reserves left. Arthur Berman, a former Amoco scientist who now works as … Read moreU.S. Shale’s Public Enemy No. 1 Says Short the Permian and Eagle Ford

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Oil Set for Weekly Gain as Iran Sanctions Stoke Supply Concerns

May 11, 2018 by Heesu Lee and Grant Smith (Bloomberg)  Oil’s poised for a second weekly gain as traders assessed how renewed U.S. sanctions on Iran and continuing tensions in the Middle East will affect supplies. Futures in New York traded above $71 a barrel, near the highest level since November 2014, and are up … Read moreOil Set for Weekly Gain as Iran Sanctions Stoke Supply Concerns

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Cardinal Energy Ltd. Announces First Quarter 2018 Result

May 10, 2018 19:23 ET | Source: Cardinal Energy Ltd. CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company”) (TSX:CJ) is pleased to announce its operating and financial results for the quarter ended March 31, 2018. The Company also announces that its unaudited financial statements and management’s discussion and analysis for the quarter … Read moreCardinal Energy Ltd. Announces First Quarter 2018 Result

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InPlay Oil Corp. Announces First Quarter 2018 Financial and Operating Results Highlighted by a 24% Increase in Light Oil Production

May 10, 2018  | Source: InPlay Oil Corp. CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX:IPO) (OTCQX:IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three months ended March 31, 2018.  InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the … Read moreInPlay Oil Corp. Announces First Quarter 2018 Financial and Operating Results Highlighted by a 24% Increase in Light Oil Production

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REGISTER NOW: Global Petroleum Show 2018 – Calgary, Canada June 12 -14, 2018 – Details HERE

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Calgary, Canada June 12-14, 2018 Stampede Park Global Petroleum Show (GPS) is North America’s Leading Exhibition & Conference, where oil and gas professionals convene to engage in dialogue, create partnerships, do business and identify the solutions and strategies that will shape the industry for the years ahead. GPS 2018 provides the ideal platform to showcase your brand, latest products, services and … Read moreREGISTER NOW: Global Petroleum Show 2018 – Calgary, Canada June 12 -14, 2018 – Details HERE

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CES Energy Solutions Corp. Reports Record Revenue for the First Quarter Ended March 31, 2018 and Declares Cash Dividend

May 10, 2018 17:02 ET | Source: CES Energy Solutions Corp. CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — CES Energy Solutions Corp. (“CES” or the “Company”) (TSX:CEU) (OTC – Nasdaq Intl:CESDF) is pleased to report on its financial and operating results for the three months ended March 31, 2018.  Further, CES announced today that it will pay a cash dividend of … Read moreCES Energy Solutions Corp. Reports Record Revenue for the First Quarter Ended March 31, 2018 and Declares Cash Dividend

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High Arctic Reports 2018 First Quarter Results

May 10, 2018 16:35 ET | Source: High Arctic Energy Services Inc. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.  ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX:HWO) – “High Arctic” or … Read moreHigh Arctic Reports 2018 First Quarter Results

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Strad Energy Services Announces First Quarter Results

May 10, 2018 | Source: Strad Energy Services Ltd NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (“U.S.”) The news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For full disclosure of the forward-looking information and statements and the risks to which they are subject, … Read moreStrad Energy Services Announces First Quarter Results

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Peyto Exploration & Development Corp. Announces Results of Directors Vote

May 10, 2018  | Source: Peyto Exploration & Development Corp. CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX:PEY) (“Peyto”) is pleased to announce that the nominees listed in the information circular – proxy statement dated March 21, 2018 were elected as directors of Peyto at Peyto’s annual meeting held May 10, … Read morePeyto Exploration & Development Corp. Announces Results of Directors Vote

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Former U.S. vice-president condemns Kinder Morgan pipeline expansion on Twitter

VANCOUVER — Former U.S. vice-president Al Gore says the Trans Mountain pipeline expansion is destructive and should be stopped.
The environmentalist posted a tweet Thursday saying the pipeline carrying “dirty tar sands oil” would be a step backward in…

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Oil Gains as Mideast Tensions Flare After Trump Quits Iran Deal

May 10, 2018 by Heesu Lee and Grant Smith (Bloomberg)  Oil extended its three-year high as tensions in the Middle East flared following the U.S. decision to renew sanctions on Iran, OPEC’s third-largest producer. Futures in New York added as much as 1.1 percent, reaching the highest level since November 2014. Israel said it struck … Read moreOil Gains as Mideast Tensions Flare After Trump Quits Iran Deal

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Trump’s Iran Move May Kick Worst U.S. Gas Market While It’s Down

May 10, 2018, by Ryan Collins and Naureen S. Malik (Bloomberg) President Donald Trump’s decision to scrap the Iran nuclear deal and restore sanctions was great for oil bulls. But for natural gas drillers in America’s hottest shale play, it could be a disaster in the making. The highest oil prices in more than three … Read moreTrump’s Iran Move May Kick Worst U.S. Gas Market While It’s Down

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Oil Sales, Bank Woes: Can Iran’s Economy Survive Trump Exit?

May 10, 2018, by Golnar Motevalli and Ladane Nasseri (Bloomberg) Whatever steps Iranian leaders take after Donald Trump’s decision to withdraw from the nuclear accord, none will be more critical to domestic stability than their efforts to minimize the economic damage. The currency is plunging, banks are struggling with bad loans and the looming return … Read moreOil Sales, Bank Woes: Can Iran’s Economy Survive Trump Exit?

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Five Things to Know in World Business – May 10, 2018

May 10, 2018, by Lorcan Roche Kelly (Bloomberg) Inflation Headline consumer prices are forecast to show a rise of 2.5 percent in April from a year earlier when the data is published at 8.30 a.m. Eastern Time. With some Fed policymakers already expressing a lack of concern about a short-term overshoot on the inflation level, a move further … Read moreFive Things to Know in World Business – May 10, 2018

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OPEC in no Hurry to Decide if Extra Oil Needed to Offset Iran

May 10, 2018, by Alex Lawler LONDON (Reuters) – OPEC is in no hurry to decide whether to pump more oil to make up for an expected drop in exports from Iran after the imposition of new U.S. sanctions, three sources familiar with the issue said, saying any loss in supply would take time. The … Read moreOPEC in no Hurry to Decide if Extra Oil Needed to Offset Iran

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Sign of the Future: California Becomes First State to Mandate Solar on New Homes

May 9, 2018, by Mark Chediak and Prashant Gopal (Bloomberg) California became the first U.S. state on Wednesday to require solar panels on almost all new homes, sending the clearest signal yet that rooftop power is moving beyond a niche market and becoming the norm. Most new homes built after Jan. 1, 2020, will be … Read moreSign of the Future: California Becomes First State to Mandate Solar on New Homes

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Athabasca Oil Corporation Announces 2018 First Quarter Results

May 09, 2018 19:38 ET | Source: Athabasca Oil Corporation CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide its 2018 first quarter results and an operations update. The quarter marks continued operational success across both business units. Athabasca is uniquely positioned as a low-decline, oil-weighted producer with … Read moreAthabasca Oil Corporation Announces 2018 First Quarter Results

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Tamarack Valley Energy Ltd. Announces Successful 2018 First Quarter Results with Record Production  

May 10, 2018 07:00 ET | Source: Tamarack Valley Energy Ltd. CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) — Tamarack Valley Energy Ltd. (“Tamarack” or the “Company”) (TSX:TVE) is pleased to announce its financial and operating results for the three months ended March 31, 2018. Selected financial and operational information is outlined below and should be read in conjunction … Read moreTamarack Valley Energy Ltd. Announces Successful 2018 First Quarter Results with Record Production  

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Defiant: Kinder Morgan Pipeline Won’t Get Built, Vancouver Mayor Says

May 9, 2018 by Natalie Obiko Pearson (Bloomberg) Kinder Morgan Inc.’s proposed expansion of an oil pipeline to Canada’s Pacific Coast will never happen because local opposition to the project that’s dividing the nation is only going to intensify, according to the mayor of Vancouver. “I don’t think this project will go — I really … Read moreDefiant: Kinder Morgan Pipeline Won’t Get Built, Vancouver Mayor Says

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Birchcliff Energy Announces Solid First Quarter 2018 Results and Positive Oil Production Test Results From Gordondale and Condensate Production Test Results From Pouce Coupe

May 9, 2018 Globe Newswire CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce its financial and operational results for the first quarter of 2018. The full text of Birchcliff’s First Quarter 2018 Report containing the unaudited interim condensed financial statements for the three month period ended March 31, 2018 … Read moreBirchcliff Energy Announces Solid First Quarter 2018 Results and Positive Oil Production Test Results From Gordondale and Condensate Production Test Results From Pouce Coupe

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Delphi Energy Corp. Reports First Quarter 2018 Results

May 9, 2018 Globe Newswire CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the quarter ended March 31, 2018. The first quarter of 2018 is characterized by several milestones. Successful delineation drilling into West Bigstone is driving field condensate production to record levels, … Read moreDelphi Energy Corp. Reports First Quarter 2018 Results

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Prairie Provident Announces First Quarter 2018 Financial and Operating Results

May 9, 2018 Globe Newswire CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce its operating and financial results for the three months ended March 31, 2018, and to provide an operational update.  PPR’s consolidated financial statements (“Financial Statements”) and related Management’s … Read morePrairie Provident Announces First Quarter 2018 Financial and Operating Results

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Gear Energy Ltd. Announces First Quarter 2018 Operating Results

May 9, 2018 CNW CALGARY, May 9, 2018 /CNW/ – Gear Energy Ltd. (“Gear” or the “Company”) (TSX:GXE) is pleased to provide the following first quarter operating update to shareholders. Gear’s Interim Financial Statements and related Management’s Discussion and Analysis (“MD&A”) for the period ended March 31, 2018 are available for review on Gear’s website at www.gearenergy.com and on www.sedar.com. Three months ended (Cdn$ … Read moreGear Energy Ltd. Announces First Quarter 2018 Operating Results

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Enbridge Cuts Spectra Deal Debt With $2.5 Billion in Sales

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May 9, 2018 by Kevin Orland and Alex Nussbaum (Bloomberg)  Enbridge Inc. took a leap forward in efforts to trim the pile of debt it took on with last year’s $28.6 billion purchase of Spectra Energy Corp., announcing the sale of a U.S. natural gas business and stakes in some renewable-energy assets. Enbridge on Wednesday … Read moreEnbridge Cuts Spectra Deal Debt With $2.5 Billion in Sales

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Reducing Your Plunger Lift Lubricator Installation Cost with the FlowFit – Premier Integrated Technologies

The FlowFit, Flow-T Replacement, Plunger Lift Lubricator is one of the best selling and most positively reviewed products ever put forward by Premier Integrated Technologies. The first of its kind, the FlowFit Lubricator features a revolutionary design to save you huge amounts of time and money. When compared to a conventional, triple flanged, all welded … Read moreReducing Your Plunger Lift Lubricator Installation Cost with the FlowFit – Premier Integrated Technologies

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U.S. Crude, Refined Product Stockpiles Drop Sharply: EIA

May 9, 2018 (Reuters) – U.S. crude oil, gasoline and distillate stockpiles fell more than expected last week, as crude imports dropped sharply, the Energy Information Administration said on Wednesday. Crude inventories fell by 2.2 million barrels in the week to May 4, compared with analyst expectations for a decrease of 719,000 barrels. The decline … Read moreU.S. Crude, Refined Product Stockpiles Drop Sharply: EIA

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Are you familiar with the changes in the Canadian Electrical Code ? Come take ACM’s LOPA and SIL Verification Workshops in Calgary

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LOPA Workshop and SIL Verification Workshop   May 14-15 and May 16-17   in Calgary, AB Would you like to learn how to plan, execute and document Safety Integrity Level (SIL) determination studies, (including SIL determination method LOPA), perform SIL verification studies efficiently, effectively and in accordance with the IEC 61511 standard? Did you know the IEC 61511 standard … Read moreAre you familiar with the changes in the Canadian Electrical Code ? Come take ACM’s LOPA and SIL Verification Workshops in Calgary

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Be a Part of the Change: 90% Exhibition space sold out – GPS 2018

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Why Exhibit? 1. Added Value: Additional items included with your booth space. Exhibit space starts at $47.25/ sq. ft and includes: exhibitor concierge service, materials handling, unlimited booth staff registration, 24-hour security, storage and electrical. 2. The market is on up-Swing. The past year has been marked by rising rig counts, rising oil prices, and … Read moreBe a Part of the Change: 90% Exhibition space sold out – GPS 2018

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Oil Climbs to Highest Since 2014 After U.S. Surplus Shrinks

May 9, 2018 by Jessica Summers (Bloomberg) Crude rose after an unexpected drop in U.S. crude stockpiles. Futures in New York rose as much as 3.2 percent on Wednesday to the highest since November 2014. Crude inventories in the world’s largest economy shrank by 2.2 million barrels last week, the Energy Information Administration reported. A … Read moreOil Climbs to Highest Since 2014 After U.S. Surplus Shrinks

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Tourmaline delivers earnings of $129.6 million in Q1 2018 and announces Q2 2018 dividend increase

May 8, 2018 CNW CALGARY, May 8, 2018 /CNW/ – Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is pleased to release strong financial and operating results for the first quarter of 2018. HIGHLIGHTS Q1 2018 cash flow(1) of $352.2 million ($1.30/diluted share) on EP capital spending of $280.2 million. As previously announced, the Company disposed of non-core assets for proceeds … Read moreTourmaline delivers earnings of $129.6 million in Q1 2018 and announces Q2 2018 dividend increase

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TORC Oil & Gas Ltd. Announces First Quarter 2018 Financial & Operating Results; Strategic Southeast Saskatchewan Acquisition; Increased 2018 Production Guidance & Increase to the Dividend

May 8, 2018 CNW CALGARY, May 8, 2018 /CNW/ – TORC Oil & Gas Ltd. (“TORC” or the “Company”) (TSX: TOG) is pleased to announce its financial and operating results for the three month period ended March 31, 2018.  The associated management’s discussion and analysis (“MD&A”) and unaudited interim financial statements as at and for the quarter ended March 31, … Read moreTORC Oil & Gas Ltd. Announces First Quarter 2018 Financial & Operating Results; Strategic Southeast Saskatchewan Acquisition; Increased 2018 Production Guidance & Increase to the Dividend

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Bellatrix Exploration Ltd. Announces First Quarter 2018 Financial and Operating Results

May 08, 2018 17:00 ET | Source: Bellatrix Exploration Ltd. CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix”, “we”, “us”, “our” or the “Company”) (TSX:BXE) (NYSE:BXE) announces its financial and operating results for the first quarter ended March 31, 2018. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the … Read moreBellatrix Exploration Ltd. Announces First Quarter 2018 Financial and Operating Results

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Peyto Announces Q1 2018 Results

May 08, 2018 | Source: Peyto Exploration & Development Corp CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX:PEY) (“Peyto” or the “Company”) is pleased to present its operating and financial results for the first quarter of the 2018 fiscal year. A 74% operating margin (1) and a 24% profit margin (2) in the quarter delivered an … Read morePeyto Announces Q1 2018 Results

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Buyers Seek U.S. Waivers to Buy Iranian Oil Amid New Sanctions

May 8, 2018, by Henning Gloystein, Jessica Resnick Ault and Osamu Tsukimori SINGAPORE/NEW YORK/TOKYO (Reuters) – South Korea said on Wednesday it would seek U.S. exemptions to buy Iranian oil, a path many big oil consumers are likely to follow in the wake of new U.S. sanctions on Tehran, which will tighten world oil markets and … Read moreBuyers Seek U.S. Waivers to Buy Iranian Oil Amid New Sanctions

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Parex Resources Announces 2018 First Quarter Results  

May 08, 2018  | Source: Parex Resources Inc CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company focused on Colombian oil and gas exploration and production, is pleased to announce unaudited financial and operating results for the three months (“First Quarter” or “Q1”) ended March 31, 2018. All amounts herein … Read moreParex Resources Announces 2018 First Quarter Results  

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Pine Cliff Energy Ltd. Announces First Quarter 2018 Results

May 08, 2018 | Source: Pine Cliff Energy Ltd. CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) — Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) is pleased to announce the filing of its first quarter financial and operating results. Included in the filings were Pine Cliff’s unaudited condensed consolidated interim financial statements and related management’s … Read morePine Cliff Energy Ltd. Announces First Quarter 2018 Results

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Bonterra Energy Corp. Announces First Quarter 2018 Financial and Operational Result

Bonterra Energy Corp. Announces First Quarter 2018 Financial and Operational Results May 09, 2018 07:00 ET | Source: Bonterra Energy Corp. CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) — Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) (“Bonterra” or the “Company”) is pleased to announce its operating and financial results as at and for the three months ended March 31, 2018.  The … Read moreBonterra Energy Corp. Announces First Quarter 2018 Financial and Operational Result

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Commentary: Forget Iran. The Real Oil Action Is in China: David Fickling

May 9, 2018,  by David Fickling (Bloomberg Opinion)  Forget Iran, shale and Opec. The real action in the oil market is happening on the other side of the globe. China overtook the U.S. as the world’s largest oil importer last year, and for 2018, it’s hoping to beat that achievement. April imports of 39.46 million metric tons … Read moreCommentary: Forget Iran. The Real Oil Action Is in China: David Fickling

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Innovation: Shell’s Investing in a Battery Startup Targeting Grocery Stores

May 8, 2018 by Mark Chediak (Bloomberg)  Royal Dutch Shell Plc’s corporate venture arm and GXP Investments led a $7.6 million investment in energy storage startup Axiom Energy to expand its service to grocery stores and cold-storage facilities. The round also included WorldQuant Ventures LLC, SV Tech Ventures and Meson Capital Partners LLC, according to … Read moreInnovation: Shell’s Investing in a Battery Startup Targeting Grocery Stores

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Five Things to Know in World Business – May 9, 2018

May 9, 2018 by Lorcan Roche Kelly (Bloomberg)  Fallout as U.S. withdraws from Iran nuclear deal, oil rises, and it’s a big day for deals. Here are some of the things people in markets are talking about today. U.S. exit President Donald Trump said the U.S. will withdraw from the 2015 Iran nuclear deal and … Read moreFive Things to Know in World Business – May 9, 2018

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Oil Rises as Trump Tells Buyers to Cut Back on Iranian Crude

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May 9, 2018 by Grant Smith and Heesu Lee (Bloomberg)  Oil rose to a three-year high after the U.S. told buyers of Iranian crude they have six months to curb their purchases or face tough penalties. While the full impact of President Donald Trump’s decision to withdraw from the nuclear deal is still unclear, the … Read moreOil Rises as Trump Tells Buyers to Cut Back on Iranian Crude

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Here’s What Oil at $70 Means for the World Economy

Oil Firms Pledge to Plug Methane Leaks in Bid to Burnish Image

May 9, 2018 by Enda Curran, Rich Miller and Michelle Jamrisko (Bloomberg)  Rising oil prices are a double-edged sword for the world economy. With the price of crude up 14 percent this year and now trading at the highest since 2014, exporters of the fuel get to enjoy a windfall while consuming nations get hurt. … Read moreHere’s What Oil at $70 Means for the World Economy

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Shell’s Canadian Natural Sale Removes Cloud Weighing on Shares

May 8, 2018 by Kevin Orland and Doug Alexander (Bloomberg)  Royal Dutch Shell Plc’s plan to sell its $3.3 billion stake in Canadian Natural Resources Ltd. put a dent in the oil-sands producer’s shares on Tuesday, but there’s a silver lining. The impending sale removes a cloud that had loomed over Canadian Natural since Shell … Read moreShell’s Canadian Natural Sale Removes Cloud Weighing on Shares

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U.S. crude output to hit 12 million bpd in late 2019

May 8, 2018 Reuters NEW YORK (Reuters) – U.S. crude oil production is expected to rise more than previously expected to 12 million barrels per day by the fourth quarter of 2019, the U.S. Energy Information Administration said on Tuesday in a monthly report. The agency forecast that U.S. crude oil output will rise by 1.14 … Read moreU.S. crude output to hit 12 million bpd in late 2019

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Trump Says He’ll Exit Iran Nuclear Deal and Reinstate Sanctions

May 8, 2018 by Margaret Talev and Toluse Olorunnipa (Bloomberg)  President Donald Trump said the U.S. will withdraw from the landmark 2015 accord to curb Iran’s nuclear program and that he would reinstate financial sanctions on the Islamic Republic, casting the Mideast into a new period of uncertainty. “The fact is this was a horrible … Read moreTrump Says He’ll Exit Iran Nuclear Deal and Reinstate Sanctions

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Oil Drops Before Iran Decision as Dollar Advances: Markets Wrap

May 8, 2018 by Sarah Ponczek (Bloomberg)  Oil headed to its biggest drop in a month as traders digested reports that President Donald Trump will pull out of the Iran nuclear deal. The dollar rallied and Treasury yields pushed higher. U.S. stocks slumped as utility and telecom shares fell. West Texas crude sank as much … Read moreOil Drops Before Iran Decision as Dollar Advances: Markets Wrap

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WATCH: ‘It’s delusional’: Brett Wilson Slams Morneau on Canada’s Competitiveness

BNN Bloomberg W. Brett Wilson isn’t buying Bill Morneau’s vote of confidence in Canadian competitiveness. “It’s delusional … They live in a bubble,” Wilson, the chairman of Canoe Financial and co-founder of FirstEnergy Capital Corp., told BNN Bloomberg on Monday. “Americans aren’t investing here because they’ve got a choice of tax rates. You pay 30, … Read moreWATCH: ‘It’s delusional’: Brett Wilson Slams Morneau on Canada’s Competitiveness

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Perpetual Energy Inc. Releases First Quarter 2018 Financial and Operating Results

May 8, 2018 CNW CALGARY, May 8, 2018 /CNW/ – (TSX:PMT) – Perpetual Energy Inc. (“Perpetual”, the “Corporation” or the “Company”) is pleased to release its first quarter 2018 financial and operating results. A complete copy of Perpetual’s unaudited condensed interim consolidated financial statements and related Management Discussion and Analysis (“MD&A”) for the three months ended March 31, 2018 can be obtained … Read morePerpetual Energy Inc. Releases First Quarter 2018 Financial and Operating Results

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Hemisphere Energy Provides Operational And Production Updates

May 8, 2018 CNW TSX-V: HME – VANCOUVER, May 8, 2018 /CNW/ – Hemisphere Energy Corporation (TSX-V: HME) (“Hemisphere” or the “Company”) is pleased to provide an update on its operations and current production. Hemisphere had an active start to 2018 with three Atlee Buffalo G pool development wells drilled in the first quarter. The … Read moreHemisphere Energy Provides Operational And Production Updates

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Oil Wobbles Near $70 as Traders Await Trump Decision on Iran

Oil-Prices

May 8, 2018 by Grant Smith (Bloomberg) Oil retreated from the highest level since 2014 amid speculation that even if U.S. President Donald Trump delivers on threats to exit a nuclear deal with Iran, the impact for markets may be limited. New York futures slid as much as 1.5 percent. Trump is set to make … Read moreOil Wobbles Near $70 as Traders Await Trump Decision on Iran

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Stranded for Six Months, a Bag of Peas Reveals Canada’s Investment & Rail Problems

May 8, 2018 by Jen Skerritt, Kevin Orland and Frederic Tomesco (Bloomberg)  Every day for more than six months, Jessica Raycraft has confronted hulking mounds of evidence of the great Canadian bottleneck. They’re stranded on her farm — wheat, peas and canola in 300-foot-long, 10-foot-high bags, an astonishing 50,000 bushels, enough to fill 15 rail … Read moreStranded for Six Months, a Bag of Peas Reveals Canada’s Investment & Rail Problems

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Saudis Say OPEC Isn’t Targeting Five-Year Oil Inventory Average

May 7, 2018, by Stephen Stapczynski (Bloomberg) Saudi Arabia’s energy minister said bringing global oil inventories back to their five-year average isn’t the target of OPEC’s output cuts, and the group is yet to accomplish its goal of stabilizing markets. The rolling five-year average of stockpiles is inflated by the glut that’s been around since … Read moreSaudis Say OPEC Isn’t Targeting Five-Year Oil Inventory Average

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Five Things to Know in World Business – May 8, 2018

May 8, 2018, by Lorcan Roche Kelly (Bloomberg) Decision day President Donald Trump is poised to announce his decision on whether the U.S. will leave the 2015 Iran nuclear agreement at 2 p.m. Eastern Time today, with most expecting an exit from what Trump has dubbed the “worst deal ever.” While the market is positioned for … Read moreFive Things to Know in World Business – May 8, 2018

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Trump’s Iran Decision: What’s at Stake for Global Oil Market?

May 8, 2018, by Grant Smith (Bloomberg) President Donald Trump will announce on Tuesday whether the U.S. will leave the 2015 Iran nuclear agreement, a signature achievement by his predecessor that he’s long derided as “the worst deal ever.” He could still surprise the world by agreeing to stay in the accord as diplomats try … Read moreTrump’s Iran Decision: What’s at Stake for Global Oil Market?

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THE INNOVATORS: Better Faster Completions – Tartan Energy’s cemented MultiFrac™ limited entry completions cut stimulation times by 60 per cent compared to plug-and-perf – Presented by GridStone

The Innovators Logo

Image of Tartan’s patented MultiFrac™ Sleeve Cemented wells with plug-and-perf completions is the go-to design in U.S. shale plays today, whether it’s in the Eagleford, the Permian or the Denver-Julesburg (D-J) Basin in Weld county, Colorado. However, this system has its limitations in extended-reach laterals which opens the door for the efficiencies of ball-drop sliding-sleeve … Read moreTHE INNOVATORS: Better Faster Completions – Tartan Energy’s cemented MultiFrac™ limited entry completions cut stimulation times by 60 per cent compared to plug-and-perf – Presented by GridStone

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Petrus Resources Announces First Quarter 2018 Financial & Operating Results

May 07, 2018  | Source: Petrus Resources Ltd. CALGARY, Alberta, May 07, 2018 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX:PRQ) is pleased to report financial and operating results for the first quarter of 2018. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting … Read morePetrus Resources Announces First Quarter 2018 Financial & Operating Results

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Trinidad Drilling Reports First Quarter 2018 Results; Continued Focus on Shareholder Value and Improving Operational Results

May 07, 2018  | Source: Trinidad Drilling Ltd NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. CALGARY, Alberta, May 07, 2018 (GLOBE NEWSWIRE) — Trinidad Drilling Ltd. (TSX:TDG) (Trinidad) announced its first quarter 2018 results today. In the first quarter of 2018, underlying market conditions continued to improve and, excluding … Read moreTrinidad Drilling Reports First Quarter 2018 Results; Continued Focus on Shareholder Value and Improving Operational Results

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Pulse Seismic Inc. Reports Q1 2018 Results

May 07, 2018  | Source: Pulse Seismic Inc. CALGARY, Alberta, May 07, 2018 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or “the Company”) is pleased to report its financial and operating results for the three months ended March 31, 2018. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on … Read morePulse Seismic Inc. Reports Q1 2018 Results

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STEP Energy Services Ltd. Reports Record First Quarter 2018 Financial and Operating Results

May 08, 2018 06:30 ET | Source: STEP Energy Services Ltd. CALGARY, Alberta, May 08, 2018 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three months ended March 31, 2018.  This news release should be read in conjunction with Management’s Discussion and Analysis (“MD&A”), condensed … Read moreSTEP Energy Services Ltd. Reports Record First Quarter 2018 Financial and Operating Results

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Breaking Down the 3 Most Common Barriers to Effective Drill Program Evaluation – Xi Technologies

As software technology advances, so do the expectations for reporting and drilling analysis. Operators continue to develop more sophisticated ways to monitor drilling performance, through benchmarking, performance dashboards, KPIs tracking, technical-limit research, and optimization planning. But as with many evolving processes, work is often being done in isolation both within companies and across the industry. … Read moreBreaking Down the 3 Most Common Barriers to Effective Drill Program Evaluation – Xi Technologies

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Canada Faces `Critical Competitiveness Challenge,’ RBC CEO Says

May 7, 2018 by Doug Alexander (Bloomberg) Canada faces a competitiveness challenge that the nation must address with “tremendous urgency” or get left behind countries like the U.S. and China, warns Royal Bank of Canada’s chief executive officer. “Our competitiveness in the world continues to be a topic of debate in Canadian business,” David McKay … Read moreCanada Faces `Critical Competitiveness Challenge,’ RBC CEO Says

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Airplane and oil deals at risk in Trump pullout of Iran deal

May 7, 2018 The Associated Press DUBAI, United Arab Emirates – From airplanes to oilfields, billions of dollars are on the line for international corporations as President Donald Trump weighs whether to pull America out of Iran’s nuclear deal with world powers. Regardless of where they are headquartered, virtually all multinational corporations do business or banking … Read moreAirplane and oil deals at risk in Trump pullout of Iran deal

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Toscana Energy Announces First Quarter 2018 Results

May 6, 2017 Globe Newswire CALGARY, Alberta, May 04, 2018 (GLOBE NEWSWIRE) — Toscana Energy Income Corporation (“TEI” or the “Corporation”) (TSX:TEI) announces financial and operating results for the first quarter ended March 31, 2018. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis … Read moreToscana Energy Announces First Quarter 2018 Results

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Crescent Point Announces Annual General Meeting Voting Results

May 04, 2018  | Source: Crescent Point Energy Corp. CALGARY, Alberta, May 04, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG) (NYSE:CPG) held its Annual General Meeting (“AGM” or “the meeting”) on May 4, 2018, in Calgary. Approximately 276 million common shares, representing 50.26% of the outstanding common shares, were represented … Read moreCrescent Point Announces Annual General Meeting Voting Results

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Saudi Energy Minister Says Concerned About Tight Spare Oil Capacity

May 7, 2018 TOKYO (Reuters) – Saudi Arabian Energy Minister Khalid al-Falih said on Monday he was concerned about possible shortages of spare crude oil output capacity, although he believes the market is in better shape after the OPEC-led production cuts that started in 2016. Oil prices have surged as the output cut agreement by … Read moreSaudi Energy Minister Says Concerned About Tight Spare Oil Capacity

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Who’s Winning the Self-Driving Car Race?

May 7, 2018 by David Welch and Elisabeth Behrmann (Bloomberg)  In the race to start the world’s first driving business without human drivers, everyone is chasing Alphabet Inc.’s Waymo. The Google sibling has cleared the way to beat its nearest rivals, General Motors Co. and a couple of other players, by at least a year to introduce … Read moreWho’s Winning the Self-Driving Car Race?

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NAFTA Talks Enter Critical Week with U.S. Still Pushing Hard Line

The flags of Canada, Mexico and the U.S. are seen on a lectern before a joint news conference on the closing of the seventh round of NAFTA talks in Mexico City, Mexico March 5, 2018. REUTERS/Edgard Garrido

May 6, 2018, by Veronica Gomez and Anthony Esposito WASHINGTON (Reuters) – Talks to update the NAFTA trade deal enter a make-or-break week on Monday, as ministers from Canada, the United States and Mexico seek to resolve an impasse in key areas before elections in Mexico and the United States complicate the process. Discussions in … Read moreNAFTA Talks Enter Critical Week with U.S. Still Pushing Hard Line

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Oil Rises Above $70 as Market Awaits Trump Call on Iran Curbs

May 7, 2018 by Mahmoud Habboush (Bloomberg)  U.S. oil rose above $70 a barrel for the first time since November 2014 as traders braced for a re-imposition of U.S. sanctions on Middle East crude producer Iran. Futures in New York and London jumped as much as 1.4 percent. While U.S. President Donald Trump has threatened … Read moreOil Rises Above $70 as Market Awaits Trump Call on Iran Curbs

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Five Things to Know in World Business Today – May 7, 2018

May 7, 2018 by Lorcan Roche Kelly (Bloomberg)  Deadline for Trump’s Iran decision nears, oil rises over $70, and China urges “rational and pragmatic” approach to trade. Here are some of the things people in markets are talking about today. Decision time Over the weekend both sides made their final pitches on the Iran deal, with Israeli … Read moreFive Things to Know in World Business Today – May 7, 2018

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Sales Managers: Are You a Primary Arsonist? – Sandler Training

Sandler-Training

    Written by Hamish Knox; President of Sandler in Calgary, Canada Creating accountable, sales focused organizations in Calgary     Some managers start looking for fires to start with their team, so that they can swoop in to the rescue. They have no time to set up a meaningful accountability program, they’ll say, because they … Read moreSales Managers: Are You a Primary Arsonist? – Sandler Training

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Picking the Right Material for Your Signage Needs – IDENT

IDENT Feature

The decision-making process is never easy, we make so many quick decisions unconsciously; others we agonize over. We want picking a material for your signage needs to be easy, so we’ve compiled a list of materials showing what your options are. First, you need to ask yourself: where is it being applied, will it be … Read morePicking the Right Material for Your Signage Needs – IDENT

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How did you Recognize Distracted Driving Awareness Month? – Assetworks

Assetworks-Feature

Although practicing safe driving practices should always be a focus for fleet organizations, the month of April is Distracted Driving Awareness Month. This month is a good opportunity to review safety practices with your drivers and take a look at updated statistics from the past year. According to Finder.com, approximately 138 million Americans admit to being … Read moreHow did you Recognize Distracted Driving Awareness Month? – Assetworks

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Helping Service Companies Automate – Extreme Telematics Corp. (ETC)

People often mistake Extreme Telematics Corp. (ETC) for a plunger lift electronics company or even a plunger lift service company.  The reality is that this couldn’t be further from the truth.  ETC does not employ any service technicians, nor have we historically had in-house plunger lift expertise.  The reality is that ETC is an electronic … Read moreHelping Service Companies Automate – Extreme Telematics Corp. (ETC)

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U.S. Shale Drillers Face New Test of Will as Crude Crosses $70 Mark

May 6, 2018 by Alex Nussbaum (Bloomberg) For the oil industry, $70 offers a test of wills. With benchmark U.S. crude prices crossing the $70 a barrel threshold on Monday, the shale drillers who helped upend global markets now face a new challenge: Do they stick with promises of fiscal discipline and avoid new production? … Read moreU.S. Shale Drillers Face New Test of Will as Crude Crosses $70 Mark

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Jason Kenney declares war on “green left” lies, bogus charities & foreign money in speech to conservative party

RED DEER, Alta. — United Conservative Leader Jason Kenney, in a fiery speech to party members, is promising an all-out attack on the “green left” and those who secretly fund and support the demonization of Alberta’s oil.
“The special interests have ta…

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Canada Weekly Rig Count Up 1 to 86 for Week Ending May 4, 2018

Drilling Rig 400x270

Canada’s drilling rigs went up by 1 to the current count of 86 actively drilling rigs according to data collected by Baker Hughes for the week of May 4th. From one week ago, Alberta rig counts increased by 1 to 68 and the Saskatchewan rig count stayed unchanged at 3. Oil drilling went up 4 … Read moreCanada Weekly Rig Count Up 1 to 86 for Week Ending May 4, 2018

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Alberta Conservatives Vote to End Carbon Tax

May 6, 2018 RED DEER, Alta. — Alberta’s United Conservative party delegates have voted to pursue ending the carbon tax. The delegates, at their founding convention in Red Deer, voted 98 per cent to end the government’s carbon tax on gasoline and home heating fuels. Party leader Jason Kenney has said the tax punishes Albertans with no … Read moreAlberta Conservatives Vote to End Carbon Tax

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Iran Opposes Higher Oil Prices, Signaling Divide With Saudis

May 6, 2018, by Arsalan Shahla (Bloomberg)  Iran, faced with a possible restoration of U.S. sanctions, came out against higher oil prices, signaling a split with fellow OPEC member Saudi Arabia, which is showing a willingness to keep tightening crude markets. A “suitable price” for crude is $60 to $65 a barrel, Amir Hossein Zamaninia, … Read moreIran Opposes Higher Oil Prices, Signaling Divide With Saudis

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Generate Leads, Publish Content, Get Exposure on EnergyNow.ca – Special Deals & Pricing Now On – Details HERE

Publish Information About Your Company’s Products/Services on EnergyNow Get Great “Company” and “Brand” Exposure Generate Identified Leads or Recruit Employees Five Great Specials to Advertise (Prices are for a Whole Year -Taxes Extra) These offers will expire on May 31, 2018 SPECIAL 1:  Be a Featured Company and Market your product/services in Canada for a Whole Year and … Read moreGenerate Leads, Publish Content, Get Exposure on EnergyNow.ca – Special Deals & Pricing Now On – Details HERE

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Bakken Shale Getting Back `In-the-Money’ as U.S. Oil Nears $70

May 4, 2018 by Ryan Collins (Bloomberg)  With breakthroughs in drilling technology reducing costs and crude oil prices near $70 a barrel, wells in North Dakota are turning into cash cows. The cost of getting oil and gas to the surface in North Dakota’s Bakken field has fallen, recently hitting $41 to $50 a barrel … Read moreBakken Shale Getting Back `In-the-Money’ as U.S. Oil Nears $70

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U.S. drillers add oil rigs for fifth straight week: Baker Hughes

  March 4, 2018  (Reuters) – U.S. energy companies added oil rigs for a fifth week in a row as they follow through on plans to spend more on drilling this year with higher crude prices boosting their profits and pushing nationwide production to record highs. Drillers added nine oil rigs in the week to … Read moreU.S. drillers add oil rigs for fifth straight week: Baker Hughes

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Crude End Week Near $70 With Traders on Edge Ahead of Iran Deal Decision

Oil-Prices

May 4, 2018 by Jessica Summers (Bloomberg)  Oil futures in New York zeroed in on $70 a barrel as traders brace for a re-imposition of U.S. sanctions on Iran. Prices jumped 1.9 percent on Friday to close at the highest level since November 2014. Even though U.S. President Donald Trump has yet to announce whether … Read moreCrude End Week Near $70 With Traders on Edge Ahead of Iran Deal Decision

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Advantage Announces First Quarter 2018 Operating & Financial Results

May 3, 2018 CNW Solid Cash Flow, Strong Well Results and Glacier Gas Plant Expansion Advances Liquids Development Strategy (TSX: AAV, NYSE: AAV) CALGARY, May 3, 2018 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to report strong cash flow of $48.9 million ($0.26/share) and net income of $10.1 million ($0.05/share) during the first quarter of 2018. Cash flow was … Read moreAdvantage Announces First Quarter 2018 Operating & Financial Results

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Painted Pony Announces Record First Quarter Production, Financial and Operating Results

May 3, 2018 CNW CALGARY, May 3, 2018 /CNW/ – Painted Pony Energy Ltd. (“Painted Pony” or the “Corporation“) (TSX: PONY) is pleased to announce that during the first quarter of 2018 record adjusted funds flow from operations and record production volumes were achieved, marking a significant milestone in the growth of the Corporation. HIGHLIGHTS: Increased adjusted funds flow from … Read morePainted Pony Announces Record First Quarter Production, Financial and Operating Results

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Bonavista Energy Corporation Announces 2018 First Quarter Results

May 3, 2018 CNW (TSX:BNP) – CALGARY, May 3, 2018 /CNW/ – Bonavista Energy Corporation (“Bonavista”) is pleased to report to shareholders its financial and operating results for the three months ended March 31, 2018. Results for the first quarter of 2018 are highlighted by a 3% increase in production to 72,417 boe per day and a 6% reduction in … Read moreBonavista Energy Corporation Announces 2018 First Quarter Results